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Completely agree with this. You can't count your hedge fund's returns as compensation. Most hedge funds are terrible and I don't want my money anywhere near the

• ng12 10y ago
  It's like working anywhere else. If you work at a fund you believe in, you want your money there. If you work at a startup you believe in, you want equity. If you know you're working at a terrible hedge fund why are you working there?
  • vostok 10y ago
    > If you work at a fund you believe in, you want your money there. If you work at a startup you believe in, you want equity. There's a 90% chance I don't believe in the company I work for, whether it's a startup or a hedge fund. > If you know you're working at a terrible hedge fund why are you working there? I'll work anywhere that pays me well. I'm just here to build systems. Ideally, I want as little exposure to the business as possible.
    • ng12 10y ago
      You can't divorce yourself from the business. If the company goes under or does something illegal or morally questionable it affects you. Either way, I'm just saying it's entirely comparable to receiving RSUs or options from a non-finance firm.
      • vostok 10y ago
        No. It's comparable to buying stock or options with your own money at a non-finance firm. I would never do this either. Bonuses are comparable to RSUs/options at non-finance firms.
• deleted 10y ago
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