4 ms·

Seriously, do you mind enlightening us of how you get that sense of the market? Because it is in total contradiction to what I see on the field... I started t

• danielmarkbruce 4y ago
  PE and value hedge fund. Ie, basically the non-quant folks. I think there is a pretty large gap between quant and the rest of the investment community (although I haven't actually worked in quant, so I'm speculating this is where the mismatch is). Concrete example - Bill Ackman hasn't ever thought about "risk parity". The average small value fund hasn't ever thought of it. Activists dont'. PEs don't. VC's haven't even heard of it. PE and VC also think of their investors as "LPs", not investors. As for who wants to work where... this is anecdotal but have you ever heard of someone at a PE/VC/HF say "I would really like to work at CALPERS/CPP etc"? I have not