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That's fine, but you have to realize that perspectives can vary radically from place to place.
One guy I know, who is involved with a very successful hedge fund, said his ideal analyst candidate is felon with an IQ over 130, an strong academic background and at least *some* time in prison. This comes after decades of hiring Ivy League MBAs.
He realizes the sorts of insights he wants and needs very rarely originate with kids who've never left the cul de sac. Here's a guy talking about six figure positions (seven with bonuses if they really start hitting homeruns) wanting to hire a guy that a grocery tore might instantly disqualify to be a bag boy with no other considerations...
Please tell me which hedge fund so I don't invest in it.
A person who has committed felonies in the past is likely to do so again when employed by a hedge fund, where the rewards are much bigger.
I understand the value of worldly experience and hard knocks but this HF manager sounds like he is going to wind up out of business very quickly.
He wants people who are practical thinking empiricists, who are seasoned risk takers, who are do'ers. The opportunities available to those who 'stand in line' are completely different than the opportunities available to those who don't.
In high intelligent ex cons, he recognized a rare personality type that was completely congruous with success in his particular field. College professors and academics are fine if the goal is to read a book, not good if the job is in a high stakes zero sum game where the objective is to gain an edge over other very smart people.
Constrained thinkers and 'college graduates' are safe and stable but they're playing everyone elses game. He's after people who can figure out how to win. The formula he's found to consistently produce winners is a very high IQ (on paper, formally tested) and a background in not following rules.
I've been saying since i was a kid we should be training drug dealers to start their own businesses or run existing ones. A successful one has already mastered both entrepreneurship and supply chain management. Definitely like a practical MBA. Access to opportunity is not equal, sometimes if you give the right person a helping hand they reap larger rewards.
While he no longer breaks the law, he definitely comes off as the type of that the wall Street exec is looking for when it comes to this high stakes endeavor.
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