This Is How Much The Average Person Can Make Working For A Hedge Fund

[sle]

My serious opinion is the real money in finance, even for the Hedge fundie types, is actually more in sales than actual deep in the trenches trading.

Not really true. Being a PM is the most lucrative spot at a fund (obviously besides being an equity partner).

Finance is profession with no real barriers to entry until to get to proper elite levels. If you don't distinguish between institutions, you will get a diverse population that has guys that bring home millions (i.e. PMs who got solid alpha or senior traders with an ability to monetize firms edge), guys who bring home a buck as regular sell-side traders or buyside PMs and then there are people who can't even balance their check-book.

 

[helmholtz]

Sad to say most of these people are not living 'large. Have to scrimp and save.

My serious opinion is the real money in finance, even for the Hedge fundie types, is actually more in sales than actual deep in the trenches trading.

Yes, you are correct. WIthout sales, the fund has nothing.