mar350

ah i thought flamers were for me. got it.  yeah, you guys generally said the same thing.
going to be a long road, especially starting from scratch.  Figure by the time the CFA results come out (hopefully) I’ll have some subsector ideas and CFA next to my name - then start looking.  Who knows.

Houjichasan

Numi agreed with you, but he also gave better and more actionable advice about what to work on if the OP really wants to go this route.  That’s the reason you feel persecuted.  You seem to enjoy delivering the bitter pill.  Numi tries to soothe it, provide context, and make it go down easier, which is much more appreciated.
But don’t worry, there are people who are much worse on that score.  I don’t sense that there’s a true posse that’s out to get you.

joehogue

Pistolpt…just curious where you’re at making 100k doing manager selection? Consulting or FoF? Feel free to email jdaudi898@gmail.com.

OmarAdnan

Just found out about the wallstreetprep financial modeling courses. Pricey but sounds perfect.

cityboy

have you seen breaking into wall street? i’d recommend it especially if you’re looking for better pricing without sacrificing quality.

king_kong

Have seen both. As well as comparisons between both (which are here on AF too).  Not sure which way to go for now…

cfalevel2011

Prof Damodaran’s website has ton of models for equity analysis. http://pages.stern.nyu.edu/~adamodar/ My also work involves interviewing managers and doing asset allocation with real money for high networth and institutions. If making a switch, I will not compromise on pay. I would just go for as many interviews as I get my hands on and let the PM’s decide. As someone suggested, if you have put your own money online and have built some models around, that will be  a great start. Buying low and selling high, is how I have seen most money being made.
I feel that investment management industry, in terms of people/AUM ratio, in general is shrinking and generally not the best spot to be when your talent is not as much in demand.

anish

obviously - I’m saying the basics aren’t as hard as everyone makes them out to be. You start at the basics of modeling out a company and doing as much research as you can. What I’m saying is I know I have the skills to do that.
The “art” piece, hopefully, comes with time, alot of time.  If after a while it doesn’t and I am just horrific, then I could always go back to my current profession with alot more insight.
My point is, I want to at least give it a shot while I am still ‘relatively’ young. (early 30’s).
I’m not saying “I’ve listened to hedge fund managers, I bet I could do this, It can’t be that hard…”

hw0799

For the incremental dollar going into equity, I hypothise that overtime, share of index based quant strategies will increase thus decreasing pool of available money for active investments. Decreased pool of money lead to decreased need of demand for those skills, making it harder for someone to stay in and outperform. Why chase a dying art?

infinitybenzo

Finally got my hands on a legit sell-side model from a major bank for one of the companies I am researching.
May take a while to deconstruct it (the 6 tabs and 30 hidden ones)…..