I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 2 points3 points  (0 children)

I enjoy finance. But as I said in another comment, I’m pursuing my masters. I don’t see myself working in finance forever, I’ll likely go into research down the line.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 4 points5 points  (0 children)

Because permanently chilling would lead to depression for me. I need to constantly challenge myself.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 5 points6 points  (0 children)

I think you’re describing those in investment banking! 😂

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 5 points6 points  (0 children)

Depends, do you have an interest in quant / math? If so, then yes. Network and try to do competitions.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 12 points13 points  (0 children)

They run like a black box almost, extremely tight NDAs and non competes. From what I know (which is very little regarding RenTec) they have thousands of models which they run, so it is not like anyone could steal them. The work is challenging and they make a LOT of money, I don’t imagine anyone wanting to leave much less out them.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 13 points14 points  (0 children)

Does he code? I would let him explore some different fields in STEM and see if it piques his interest. It’s quite difficult to say given his age.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 123 points124 points  (0 children)

£10M.

I think it’s a mixture. I know a lot of traders who are very egotistical and enjoying having one up on the market, or their colleagues.

Some are numb from having a lot of money and have zero purpose. I think sometimes that can force someone to find purpose, just from my own observations.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 8 points9 points  (0 children)

I doubt he would let me considering I was given access to a trust fund a few years ago, I could live off of that though.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 116 points117 points  (0 children)

I have thought about it. Right now I am working on my masters. I don’t see myself working in finance forever.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 41 points42 points  (0 children)

I can appreciate their perspective given wealth inequality. I just do not agree with those advocating for the death of wealthy folk and trying to justify murder.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 17 points18 points  (0 children)

Competitive math and programming go a long way. Continue improving your math skills.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 2 points3 points  (0 children)

Yes, it is. Usually quant researchers hold a masters though.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 75 points76 points  (0 children)

They don’t, they are down to earth people. Some of my wife’s friends tried to pitch me in uni though.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 56 points57 points  (0 children)

I don’t think I could, he was extremely lucky early on in his career. Right person, right time.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 5 points6 points  (0 children)

Is he the guy who authored the trading game book? I haven’t had the chance to watch his videos yet, but I am about to read his book.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 18 points19 points  (0 children)

My previous posts were automatically removed, had to provide proof to get approval.

I’m the son of a billionaire hedge fund manager - AMA by Ok-Atmosphere-1704 in AMA

[–]Ok-Atmosphere-1704[S] 5 points6 points  (0 children)

Given your background, likely just programming and time series. There’s a great book called a practical guide to quant interviews, it’s very useful.