Forums  > Off-Topic  > Strategically leaving "finance" to manage your PA  
Page 1 of 1
Display using:  


Total Posts: 114
Joined: Sep 2015
Posted: 2019-05-08 16:05
I am becoming a bit frustrated with the burdensome limitations placed on personal accounts for individuals working in asset management / finance (by and large).

Has anyone else left working in "finance" (asset mgmt, etc) to manage your PA + use your math/coding knowledge elsewhere (Tech, consulting etc)?

Would be curious to know what the experience has been. I assume a good deal of it is hubris and a later tail-between-legs return to finance


Total Posts: 237
Joined: Dec 2010
Posted: 2019-05-08 18:09
Agreed with your frustations, but that's not the reason I'd leave the field. I'd leave it for a change.

The problem is that you need a lot of personal wealth for this to be viable and moreover need to decide is the prospects of the returns you will make will outweigh the pay cut you will put up with by working elsewhere. Assuming you have a well paid job in finance.

In my case none of this is true. Hence I suck it up.

Also, the other problem is that related to the returns expectations you might have based on your PA management. At the end of the day speculation is good only for money of a certain scale and/or institutional money (which is big). Personal money, not sure.


Total Posts: 27
Joined: Sep 2017
Posted: 2019-05-16 00:28
Ask Steve Cohen how it's working out for him!
Previous Thread :: Next Thread 
Page 1 of 1