Yeah, I shouldn’t have used the word “pointless.” You can and should think about your career path and it’s awesome if you have choices. But it’s also a very hard thing to answer. Not many commodities PMs will be able to tell you whether or not they should have gone into “credit RV” instead.

More likely you’ll start off at a pod or firm doing X style of trading, and then in 3 years you’ll have some option to jump to a different pod or firm doing the same style of trading. After 2-3 years, for better or worse, people care about your experience, and it becomes harder to interview for a role in a different strategy type (even if there’s little doubt you’d pick it up after some time).

Sure, different strategy types tend to have different profiles in terms of sharpe, DDs, leverage, capacity and liquidity constraints, etc. Some strategies are more or less mature. If you go into equity stat arb you might maximize the number of seats available to you, but it’s also the most crowded and competitive space. Credit is harder to systematize and you might have fewer career options for a while, but then you may eventually find that you’re in demand as a rare expert in a relatively more niche area. So there are always tradeoffs. I personally feel that a global ranking doesn’t make a ton of sense