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Money Diaries: 35 year hedge fund Manger making 1.5 Million spends in a week

http://www.thisisinsider.com/i-live-in-new-york-city-on-a-15...
Khaki adventurous alpha
  01/16/18
Term Life Insurance: $250. I have $6 million on my head and ...
Sinister lake senate philosopher-king
  01/16/18
I'm also making sure to sample two types of dessert each day...
Sinister lake senate philosopher-king
  01/16/18
Dinner today is Vietnamese spring rolls, yum — but my husban...
Sinister lake senate philosopher-king
  01/16/18
ran here.
mischievous filthy multi-billionaire den
  01/16/18
I noticed she only mentioned the gym membership for her husb...
violet blood rage
  01/16/18
This was totally made up
Burgundy Range Love Of Her Life
  01/16/18
why
Sinister lake senate philosopher-king
  01/16/18
First of all she only mentions her Bloomberg terminal ONCE a...
Burgundy Range Love Of Her Life
  01/16/18
...
vibrant volcanic crater dog poop
  01/16/18
...
Bright telephone black woman
  01/16/18
...
godawful casino
  01/16/18
My flight and I hotels are expensed ($6,500 for the business...
Sinister lake senate philosopher-king
  01/16/18
lol she CUCKED her hubby into economy
Bateful center
  01/16/18
I first read it as they both got economy lol Shrews gonna Sh...
Khaki adventurous alpha
  01/16/18
Imagine if the tables were turned and a male hedge fund MD b...
Khaki adventurous alpha
  01/16/18
Lol this is a girls fantasy
vibrant volcanic crater dog poop
  01/16/18
why
Sinister lake senate philosopher-king
  01/16/18
Running list: $50 gym membership $30 a month on taxis Hom...
vibrant volcanic crater dog poop
  01/16/18
...
Motley Fat Ankles
  01/16/18
I spot a newly opened Kung Fu Tea at the mall and stop by. I...
Sinister lake senate philosopher-king
  01/16/18
Asian shrew daydream
Very tactful mind-boggling nowag field
  01/16/18
...
self-absorbed infuriating marketing idea
  01/16/18
How are wall street bonuses taxed? Same as regular income or...
Khaki adventurous alpha
  01/16/18
regular income unless it is carry
marvelous public bath depressive
  01/16/18
Only 1.5 MM? she’d do nearly as well as a GDC junior partne...
glittery confused meetinghouse famous landscape painting
  01/16/18
Don’t out fratty
Concupiscible Trailer Park
  01/16/18
She makes $1.5m and appears to "work" like 30 hour...
out-of-control 180 sweet tailpipe
  01/16/18
Article is 100% flame
Concupiscible Trailer Park
  01/16/18
...
Sable bawdyhouse regret
  01/16/18
...
fragrant thirsty tanning salon kitty
  01/16/18
lesson: don't have kids
racy white area faggotry
  01/16/18
100% made up. she has almost 0 work details and the few she ...
Unhinged Aromatic Step-uncle's House
  01/16/18
this is probably real except the work part. no way she makes...
submissive useless brakes resort
  01/16/18
is it possible that she is fudging her work life details to ...
fantasy-prone menage
  01/16/18
Did she describe her role at the fund? Maybe it's a relative...
mischievous filthy multi-billionaire den
  01/16/18
i can only imagine how insufferable and azn female in financ...
Sable bawdyhouse regret
  01/16/18
This is fake. NO way a finance person who actually makes &qu...
effete school cafeteria
  01/16/18
love these. like catnip for me. can you please repost the o...
embarrassed to the bone space
  01/16/18
nutella SOPPING WET
metal messiness stage
  01/16/18
I️ know I’m just a pumo but some hedge funds have...
Contagious autistic lodge lettuce
  01/16/18
i was a generalist, but besides what other poasters have sai...
Unhinged Aromatic Step-uncle's House
  01/17/18


Poast new message in this thread



Reply Favorite

Date: January 16th, 2018 10:20 AM
Author: Khaki adventurous alpha

http://www.thisisinsider.com/i-live-in-new-york-city-on-a-15-million-salary-heres-what-i-spend-in-a-week-2018-1?utm_content=buffer60ea7&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-food

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167139)



Reply Favorite

Date: January 16th, 2018 10:21 AM
Author: Sinister lake senate philosopher-king

Term Life Insurance: $250. I have $6 million on my head and $1 million on my husband.

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167142)



Reply Favorite

Date: January 16th, 2018 10:22 AM
Author: Sinister lake senate philosopher-king

I'm also making sure to sample two types of dessert each day: the tiramisu was good, but the chocolate cookie is average. I eat while listening to a long presentation on the global biotech outlook for 2018.

3 p.m. — I stop by Stuart Weitzman at Columbus Circle. My feet have widened after having two kids,

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167147)



Reply Favorite

Date: January 16th, 2018 10:22 AM
Author: Sinister lake senate philosopher-king

Dinner today is Vietnamese spring rolls, yum — but my husband refuses to eat because it's fried food. More for me!

jfc how fat is she

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167153)



Reply Favorite

Date: January 16th, 2018 10:33 AM
Author: mischievous filthy multi-billionaire den

ran here.

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167207)



Reply Favorite

Date: January 16th, 2018 11:36 AM
Author: violet blood rage

I noticed she only mentioned the gym membership for her husband

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167645)



Reply Favorite

Date: January 16th, 2018 10:23 AM
Author: Burgundy Range Love Of Her Life

This was totally made up

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167156)



Reply Favorite

Date: January 16th, 2018 10:37 AM
Author: Sinister lake senate philosopher-king

why

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167232)



Reply Favorite

Date: January 16th, 2018 11:34 AM
Author: Burgundy Range Love Of Her Life

First of all she only mentions her Bloomberg terminal ONCE and talks about checking quotes on it - the capacity of a Bloomberg terminal is enormous and any analyst or portfolio manager would be on it more and using it more.

Second of all

"I have my first meeting of the day. Today is not too busy, only two meetings total, but some of my investments are not doing well. I need to finish up my write-up and Excel models."

I've never heard of someone who works in this field call their positions "investments" in daily parlance. You can say positions or holdings, but saying "investments" is like a veteran cop saying, every time, "The suspected perpetrator of the crime" instead of "the suspect" or "the perp"

Second of all, her job title is MD - but she's doing meetings across sectors (analyst work) in addition to being a PM plus actual managerial responsibilities? Who are the writeups and reports for? Typically the analyst cooks those up for the PM and then those get passed to the MD? Oh wait she is the MD - why is she doing that

Also the skillsets required to analyze Pharmaceutical companies and Insurance companies are very different - to the point where if you are at a large shop running serious money you typically have a dedicated Pharma/Biotech analyst with a masters or PHD because of the specific knowledge required.

In reality - this is a food and travel blog spritzed with random finance buzzwords to clickbait.

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167633)



Reply Favorite

Date: January 16th, 2018 12:41 PM
Author: vibrant volcanic crater dog poop



(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35168153)



Reply Favorite

Date: January 16th, 2018 1:14 PM
Author: Bright telephone black woman



(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35168438)



Reply Favorite

Date: January 16th, 2018 1:51 PM
Author: godawful casino



(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35168814)



Reply Favorite

Date: January 16th, 2018 10:24 AM
Author: Sinister lake senate philosopher-king

My flight and I hotels are expensed ($6,500 for the business class flights and $3,000 for the hotels).

11 p.m. — My husband and I are celebrating our 10th anniversary in 2018, so we "deserve" a trip without the kids. We'll spend three days in Tokyo, two nights in Hakone (known for their onsen, or mineral hot springs) at a ryokan (traditional Japanese house with homemade meals), and four days in Kyoto. It is so hard to choose a hotel because they are all rated highly by travelers. That's Japanese hospitality for you. I finally book my husband's economy flight ($1,100) and our accommodations in Hakone and Kyoto ($1,500).

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167167)



Reply Favorite

Date: January 16th, 2018 10:36 AM
Author: Bateful center

lol she CUCKED her hubby into economy

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167231)



Reply Favorite

Date: January 16th, 2018 10:38 AM
Author: Khaki adventurous alpha

I first read it as they both got economy lol Shrews gonna Shrew

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167238)



Reply Favorite

Date: January 16th, 2018 10:38 AM
Author: Khaki adventurous alpha

Imagine if the tables were turned and a male hedge fund MD bought his wife economy tickets while he sat in first or business class.

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167240)



Reply Favorite

Date: January 16th, 2018 10:24 AM
Author: vibrant volcanic crater dog poop

Lol this is a girls fantasy

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167168)



Reply Favorite

Date: January 16th, 2018 10:37 AM
Author: Sinister lake senate philosopher-king

why

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167234)



Reply Favorite

Date: January 16th, 2018 11:28 AM
Author: vibrant volcanic crater dog poop

Running list:

$50 gym membership

$30 a month on taxis

Home by 6pm

Palace hotel has shit food

Going from palace to columbus circle to shop mid day

Registering for a conference yourself

Getting hotel room yourself

Booking flights yourself

Stopping there

This is an Asian finance girl fantasy



(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167601)



Reply Favorite

Date: January 16th, 2018 1:10 PM
Author: Motley Fat Ankles



(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35168411)



Reply Favorite

Date: January 16th, 2018 10:25 AM
Author: Sinister lake senate philosopher-king

I spot a newly opened Kung Fu Tea at the mall and stop by. I love bubble tea!

LOL guess race

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167179)



Reply Favorite

Date: January 16th, 2018 10:32 AM
Author: Very tactful mind-boggling nowag field

Asian shrew daydream

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167203)



Reply Favorite

Date: January 16th, 2018 10:57 AM
Author: self-absorbed infuriating marketing idea



(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167409)



Reply Favorite

Date: January 16th, 2018 11:26 AM
Author: Khaki adventurous alpha

How are wall street bonuses taxed? Same as regular income or is it that sweet 15% capital gains?

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167591)



Reply Favorite

Date: January 16th, 2018 2:26 PM
Author: marvelous public bath depressive

regular income unless it is carry

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35169164)



Reply Favorite

Date: January 16th, 2018 11:33 AM
Author: glittery confused meetinghouse famous landscape painting

Only 1.5 MM? she’d do nearly as well as a GDC junior partner. SAD!

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167631)



Reply Favorite

Date: January 16th, 2018 11:36 AM
Author: Concupiscible Trailer Park

Don’t out fratty

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167640)



Reply Favorite

Date: January 16th, 2018 11:38 AM
Author: out-of-control 180 sweet tailpipe

She makes $1.5m and appears to "work" like 30 hours per week mostly eating lunch and going to worthless meetings.

LJL at our lawcuck lives.

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167655)



Reply Favorite

Date: January 16th, 2018 12:03 PM
Author: Concupiscible Trailer Park

Article is 100% flame

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167854)



Reply Favorite

Date: January 16th, 2018 3:36 PM
Author: Sable bawdyhouse regret



(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35169694)



Reply Favorite

Date: January 16th, 2018 7:52 PM
Author: fragrant thirsty tanning salon kitty



(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35171476)



Reply Favorite

Date: January 16th, 2018 11:45 AM
Author: racy white area faggotry

lesson: don't have kids

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35167695)



Reply Favorite

Date: January 16th, 2018 12:51 PM
Author: Unhinged Aromatic Step-uncle's House

100% made up. she has almost 0 work details and the few she provides is really sketchy/weird given her focus on biotech/insurance (the two have nothing in common in terms of drivers/similarities/etc.).

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35168226)



Reply Favorite

Date: January 16th, 2018 1:18 PM
Author: submissive useless brakes resort

this is probably real except the work part. no way she makes $1.5m a year. However, she is an AZNgirl who likely has a father that makes $1.5m a year that subsidizes her. I have seen many many AZN chicks like this

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35168487)



Reply Favorite

Date: January 16th, 2018 1:38 PM
Author: fantasy-prone menage

is it possible that she is fudging her work life details to not get outted?

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35168671)



Reply Favorite

Date: January 16th, 2018 1:40 PM
Author: mischievous filthy multi-billionaire den

Did she describe her role at the fund? Maybe it's a relatives fund and she's like head of client/investor relations or something.

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35168694)



Reply Favorite

Date: January 16th, 2018 3:37 PM
Author: Sable bawdyhouse regret

i can only imagine how insufferable and azn female in finance is

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35169699)



Reply Favorite

Date: January 16th, 2018 3:40 PM
Author: effete school cafeteria

This is fake. NO way a finance person who actually makes "on average" $1.5MM/year only spends $30/month on cabs (I'm assuming this includes uber and lyft) and $6,500/month on housing. Also, she covers 2 totally different sectors and has so much free time that she can go shopping mid-day. It is possible that she works at her parents' fund and is basically a finance RSF: no real job, no real responsibilities, includes her parents' wealth as part of her "income."

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35169712)



Reply Favorite

Date: January 16th, 2018 3:43 PM
Author: embarrassed to the bone space

love these. like catnip for me. can you please repost the one that was the biglaw shrew as well?

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35169728)



Reply Favorite

Date: January 16th, 2018 4:05 PM
Author: metal messiness stage

nutella SOPPING WET

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35169833)



Reply Favorite

Date: January 16th, 2018 8:26 PM
Author: Contagious autistic lodge lettuce

I️ know I’m just a pumo but some hedge funds have a generalist model and it’s possibke an analyst would meet with companies across industries. Further hedge fund titles are goofy - MD often is a title for “senior analyst” thus she could be doing her own write ups and sending them to the actual PM. Working 30 hours a week sounds like flame in said role, but it’s not completely ludicrous.

(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35171616)



Reply Favorite

Date: January 17th, 2018 8:37 PM
Author: Unhinged Aromatic Step-uncle's House

i was a generalist, but besides what other poasters have said, the massive free time and her language on write-ups implies its a pod like citadel/millennium or at least a sector specific P&L. all she seems to know about the industry is that we attend meetings.

also no generalists cover biopharma, u need to be specialized there. otherwise u would be spending so much time on biopharma stocks that u may as well just be a biopharma only P&L.

finally, why wouldn't she say PM or senior analyst. Almost no one has "managing director" as a title in a hedge fund. Family office, maybe.



(http://www.autoadmit.com/thread.php?thread_id=3861288&forum_id=2#35179551)