and what are those 7 letters, if you would like to share, so that I can attain those.. maybe.
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How to work in a bank/or botique/or firm with no experience
- Thread starter Trademanstan
- Start date
Are you claiming you are John Hershey? The Anheuser-Busch Professor of Management Science?
Now, I happen to have spent some time at wharton. You are definitively not that Jack Hershey.
Or you meant this to be a joke? If so, it's kind of funny.
Now, I happen to have spent some time at wharton. You are definitively not that Jack Hershey.
Or you meant this to be a joke? If so, it's kind of funny.
Quote from jack hershey:
When I became a division head (2) at UCSC, I was automatically made an Adj Prof at Wharton. That lead to being asked to consult at EOP which put me on a first name basis with the CEO of Lehman (Commerce dept head at the time) Ugh I was back in the NYC loop again.
Quote from Trademanstan:
and what are those 7 letters, if you would like to share, so that I can attain those.. maybe.
what do u want to do? do u want to become:
1) HFT trader
2) Broker
3) Prop Trader
4) Back office staffs
5) WaterBoy
6) Trader Assistance
7) Runner
8) software fixer
9) hardware fixer
10) Secretary
11) Software developer
12) Chef (prop house)
13) Yoga Teacher (prop house)
14) CPA
15) Compliance Officer
<iframe width="420" height="315" src="http://www.youtube.com/embed/VNnvoZc1-Mo" frameborder="0" allowfullscreen></iframe>
1,2,3 and 8
Quote from Trademanstan:
Yeah, honestly, i dont think i am competitive, i have no trading experience, just books and internet.. even with learning how to form a hedge fund.. same thing books and internet.
I go to ohio state, transfering to stanford hopefully, and i'd love to find the companies that do campus recruitment..
I heard the CFA is a good start to merit experience, and trading at a prop firm..
but other than that.. what else can i do to get competitive edge
because the goal is to start a hedge fund or small partnership.. and i want the people to find me and for me to find the people
Hey, I don't want to burst your bubble, but transferring to Stanford from Ohio State is a real long-shot, so you should definitely focus on whatever is your plan B.
And, while Stanford is a great place to meet finance connections, it's not the only one. I would say that to get a competitive edge, you should follow the "trade from a dorm room in college" model, to the extent you can. Build up a track record of live trading and then backtest that methodology on as many markets as you can for as far back as you can. Then, network your way to talking with someone who can help you.
Of course, if you are successful with your live trading, by that time you might not care if anyone can help you, because you've helped yourself.
One thing about trading on your own in order to eventually impress someone else is that by the time you've got an impressive enough track record for it to matter to someone else, you might be in a position to decide that you don't need that other person and you can go it alone. All it takes is one great idea that applies across a ton of asset classes to make your fortune and then it won't matter if you went to Ohio State, Stanford or only have a GED.
i love these trader stories.. there inspirations.. please keep em coming, keep them coming
starting to become a better thread
starting to become a better thread
logic man, ill take that advice, thanks
and darkhorse, thanks for your story..
it's a humbling and very candid experience.
It gives me hope that it's not impossible or that i dont have to sell my soul to satan or belial, or whoever
it's a humbling and very candid experience.
It gives me hope that it's not impossible or that i dont have to sell my soul to satan or belial, or whoever
I'm pretty sure you don't care for my advice; That's fine - I probably wouldn't either if I were in your shoes.
Just one thing though, be vigilant about "inspirational" stories - especially considering who's telling them. For one thing - beware of these achievements that don't actually sound like much once you get beneath the marketing fluff.
Life is short - and there are opportunity costs to perusing a profession; Make sure you are picking the best risk-reward trade with your life and not one that seems most glamorous to you.
Just one thing though, be vigilant about "inspirational" stories - especially considering who's telling them. For one thing - beware of these achievements that don't actually sound like much once you get beneath the marketing fluff.
Life is short - and there are opportunity costs to perusing a profession; Make sure you are picking the best risk-reward trade with your life and not one that seems most glamorous to you.
Quote from Trademanstan:
and darkhorse, thanks for your story..
it's a humbling and very candid experience.
It gives me hope that it's not impossible or that i dont have to sell my soul to satan or belial, or whoever