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What the article talks about is not a typical hedge fund trader, but a kind of portfolio manager, that's what a prop trader is more like. A trader in a hedge f
by theprop 9y ago
What the article talks about is not a typical hedge fund trader, but a kind of portfolio manager, that's what a prop trader is more like. A trader in a hedge fund is someone who usually earns $200k plus or minus something...but is more in executing trades and such, not coming up with investment ideas (so not that gigantic upside they mentioned there usually).
- BenjaminTodd 9y agoIt seems difficult because the roles exist on a spectrum. I'd be interested in how to make the titles and claims more precise.
- eiliant 9y agoeli5 a prop shop vs. hedge fund? or hedge fund trader vs. prop trader is that's any different
- mi100hael 9y agoHedge Fund: an organization that invests client money and keeps some % of the fund/profits each year as a fee. Prop Shop: a division within some financial institution that invests the institution's own money.