What sort of degree? I would assume masters. Don't get your hopes up on the fact that writing some paper will land you a job, the competition is preposterous. Anywayz, this is not the right forum for academic-related stuff and career projections on it. Try Wilmott forum for that and have your hopes crushed there.
applying for a job means you have to know more than you will need. Did you have to derive itos lemma for your analyst first round interview? Have you thought about itos lemma since?
Wouldn't know...I started at rock bottom and met "Izzy" along the way(fluke meeting)..Much different path
Like you said, it's easier! I haven't traded OPM before, and trading is notoriously hard, so if I can be consistent and profitable doing that, why not just trade my own money or start a fund.. I feel like in sales I could really excel and work my way up there with more certainty. Trading is definitely something I want to do, but been thinking about sales for the reasons stated previously. Market making has been my goal for many years now.
Yeah I know.. Some of the smartest people post here with such knowledge that can't be printed on a book. If I can pick their brains and/or they can give me interesting points regarding my thesis, it has been very valuable for me and maybe even some other people in my situation.
Starting a fund is very hard. trading/portfolio management in a buy side or sellside seat is different from trading at home. You have clarity of mandate and infrastructure to support you: whether that be research or flow or technology. When I entered the career (on the sellside), I was advised to go into sales. Once you build up your clients who are loyal to you, your value is immense to a firm. This can build into recurring book of business that you can build off of. Instead I went into trading. You are only as good as your last trade.
You aren’t the right guy to give career advice. You get drunk and post on here about how companies take advantage of you and you are still poor.
Tony, your name suggests that you should do derivatives sales or trading. Tell them during the interview that you worked the word option into your name to show your dedication.