Career Story: Hedge-Fund Manager

Hedge-Fund Manager

Job Title: Hedge Fund Manager

Type of Company: I manage a portfolio of equity assets.

Education: BA, Economics, Harvard College •• MBA, University of Chicago

Previous Experience: I was chief investment officer of a family office. Before that I was a partner at a global management consulting company.

Job Tasks: I decide what stocks we will buy and sell. I read lots of market information and research reports, and decide which companies are going to perform better than expected and which will perform worse. I direct the work of 8 analysts who work for me who can do research to answer specific questions I have about a potential investment. Most of my day is either spent in meetings with my staff, talking to companies or reading investment research and reports. I also will construct models of how I expect companies to perform and decide what I think a company is worth based on different scenarios I construct. I have to carefully read published material, extracting information from those reports that I think is interesting and useful, and using that to do my analysis.

Today I spent the first two hours of the morning meeting with my staff, reviewing the things that they were thinking about investing in. I had two new staff members starting today, so I had to introduce them to their jobs and help them get started. I had a staff member who had received a job offer from another firm, so we talked about the pros and cons of that opportunity. I then spent most of the afternoon reviewing a detailed report an analyst had done of one investment to decide if we wanted to buy, sell or hold our position. I then finished the day reading several additional investment reports.

Best and Worst Parts of the Job: I get a lot of freedom and responsibility. It's my job to make good decisions, and in the stock market you get to see quickly whether those decisions are right or wrong. If I am right, I can make my investors and myself a lot of money.

Job Tips:
1.) You should only do this job if you really love the stock market.

2.) You have to love learning about companies and industries and deciding which are going to succeed and fail and why

3.) You have to be very comfortable working with numbers and reading lots of jargon-filled reports to extract the tidbits of information that will be useful to you.

Additional Thoughts: I spent 20 years doing other things in business. If I had anything to do over again, I would have found a way to get into this career earlier. If you are passionate about the stock market, you should be working in investment management in one way or another.

Popular Schools offering Finance Programs

quickinfoThese schools offer particularly quick info upon request, and we have written detailed profiles for each (click school names to see the profiles).

Request info from multiple schools, by clicking the Request Info links.

Matching School Ads

Study online with University of Maryland at College Park.

  • Programs: MBA - Finance, MBA - Accounting, MBA - General
  • Degrees: Master

Earn your graduate degree online with Northcentral University.

  • Programs: Financial Management - D.B.A., Financial Management - PhD in Bus. Admin., Advanced Accounting - PhD in Bus. Admin., more...
  • Degrees: Doctorate, Master

Liberty University provides a world-class education with a solid Christian foundation, equipping men and women with the values, knowledge, and skills essential for success in every aspect of life.

  • Programs: BS in Business - Finance , CERT: Accounting, AA in Accounting, more...
  • Degrees: Bachelor, Certificate, Associate, Master
California College San Diego
National City, San Diego, San Marcos

The Secret to Getting Ahead is Getting Started

  • Programs: Business Management & Accounting (AAS), Accounting (BS), Business Management & Accounting - Property Management (AAS), more...
  • Degrees: Associate, Bachelor

You can get started on a new career with Institute of Technology.

For more information about our graduation rates, the median debt of students who completed the program, and other important information, please visit our website at www.iot.edu/disclosure

  • Programs: Accounting
  • Degrees: Associate

NU has been educating leaders since 1934 at our campus near Seattle. If you have a dream, we can help make it possible.

  • Programs: MBA
  • Degrees: Master
National Career College
Panorama City

Choosing a school and a new career path can be a very overwhelming process.

  • Programs:
  • Degrees:
San Joaquin Valley College
Bakersfield, Delano, Hanford, Hesperia, Lancaster, Madera, Ontario, Salida, Temecula, Visalia

San Joaquin Valley College - A Private Junior College.

  • Programs: Degree - Business Administration (Accounting) , Certificate - Business Administration (Accounting), Certificate - Business Administration (Management), more...
  • Degrees: Associate, Certificate
  • Programs: Online Master of Business Administration
  • Degrees: Master

Iowa Wesleyan University is a transformational learning community whose passion is to educate, empower and inspire students to lead meaningful lives and careers.

  • Programs: Bachelor of Science in Business Administration
  • Degrees: Bachelor
Matching School Ads
You are visiting:

Find a school near you

What are Career Stories?

Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.

Most stories include:

  • a typical day or project
  • tips and advice
  • best and worst parts
  • educational background
  • previous experience

Browse hundreds of Career Stories

More Details On This Career

Please also see our detailed information about Financial Managers, including:

SPEAK TO AN ADVISOR 1.844.285.6104