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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...
Boyish university
  01/16/18
Term Life Insurance: $250. I have $6 million on my head and ...
arousing theater stage
  01/16/18
I'm also making sure to sample two types of dessert each day...
arousing theater stage
  01/16/18
Dinner today is Vietnamese spring rolls, yum — but my husban...
arousing theater stage
  01/16/18
ran here.
Razzmatazz chrome roast beef
  01/16/18
I noticed she only mentioned the gym membership for her husb...
Impressive ungodly people who are hurt
  01/16/18
This was totally made up
sadistic beady-eyed liquid oxygen twinkling uncleanness
  01/16/18
why
arousing theater stage
  01/16/18
First of all she only mentions her Bloomberg terminal ONCE a...
sadistic beady-eyed liquid oxygen twinkling uncleanness
  01/16/18
...
vigorous apoplectic gas station
  01/16/18
...
balding shrine round eye
  01/16/18
...
embarrassed to the bone legal warrant office
  01/16/18
My flight and I hotels are expensed ($6,500 for the business...
arousing theater stage
  01/16/18
lol she CUCKED her hubby into economy
Contagious sienna senate ladyboy
  01/16/18
I first read it as they both got economy lol Shrews gonna Sh...
Boyish university
  01/16/18
Imagine if the tables were turned and a male hedge fund MD b...
Boyish university
  01/16/18
Lol this is a girls fantasy
vigorous apoplectic gas station
  01/16/18
why
arousing theater stage
  01/16/18
Running list: $50 gym membership $30 a month on taxis Hom...
vigorous apoplectic gas station
  01/16/18
...
amethyst hilarious stain
  01/16/18
I spot a newly opened Kung Fu Tea at the mall and stop by. I...
arousing theater stage
  01/16/18
Asian shrew daydream
Light Pozpig
  01/16/18
...
Khaki son of senegal affirmative action
  01/16/18
How are wall street bonuses taxed? Same as regular income or...
Boyish university
  01/16/18
regular income unless it is carry
duck-like casino stock car
  01/16/18
Only 1.5 MM? she’d do nearly as well as a GDC junior partne...
jet-lagged mad cow disease
  01/16/18
Don’t out fratty
Heady Library Windowlicker
  01/16/18
She makes $1.5m and appears to "work" like 30 hour...
mustard zippy crackhouse
  01/16/18
Article is 100% flame
Heady Library Windowlicker
  01/16/18
...
Lascivious puppy
  01/16/18
...
Hyperactive dun faggot firefighter
  01/16/18
lesson: don't have kids
wild deer antler cuck
  01/16/18
100% made up. she has almost 0 work details and the few she ...
Chest-beating out-of-control forum
  01/16/18
this is probably real except the work part. no way she makes...
concupiscible wagecucks immigrant
  01/16/18
is it possible that she is fudging her work life details to ...
peach wonderful site
  01/16/18
Did she describe her role at the fund? Maybe it's a relative...
Razzmatazz chrome roast beef
  01/16/18
i can only imagine how insufferable and azn female in financ...
Lascivious puppy
  01/16/18
This is fake. NO way a finance person who actually makes &qu...
purple orchestra pit therapy
  01/16/18
love these. like catnip for me. can you please repost the o...
Provocative jet dilemma bbw
  01/16/18
nutella SOPPING WET
indigo stead party of the first part
  01/16/18
I️ know I’m just a pumo but some hedge funds have...
Costumed Mind-boggling Chapel
  01/16/18
i was a generalist, but besides what other poasters have sai...
Chest-beating out-of-control forum
  01/17/18


Poast new message in this thread



Reply Favorite

Date: January 16th, 2018 10:20 AM
Author: Boyish university

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: arousing theater stage

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: arousing theater stage

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: arousing theater stage

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: Razzmatazz chrome roast beef

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: Impressive ungodly people who are hurt

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: sadistic beady-eyed liquid oxygen twinkling uncleanness

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: arousing theater stage

why

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



Reply Favorite

Date: January 16th, 2018 11:34 AM
Author: sadistic beady-eyed liquid oxygen twinkling uncleanness

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: vigorous apoplectic gas station



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



Reply Favorite

Date: January 16th, 2018 1:14 PM
Author: balding shrine round eye



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



Reply Favorite

Date: January 16th, 2018 1:51 PM
Author: embarrassed to the bone legal warrant office



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



Reply Favorite

Date: January 16th, 2018 10:24 AM
Author: arousing theater stage

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: Contagious sienna senate ladyboy

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: Boyish university

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: Boyish university

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: vigorous apoplectic gas station

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: arousing theater stage

why

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



Reply Favorite

Date: January 16th, 2018 11:28 AM
Author: vigorous apoplectic gas station

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: amethyst hilarious stain



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



Reply Favorite

Date: January 16th, 2018 10:25 AM
Author: arousing theater stage

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: Light Pozpig

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: Khaki son of senegal affirmative action



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



Reply Favorite

Date: January 16th, 2018 11:26 AM
Author: Boyish university

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: duck-like casino stock car

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: jet-lagged mad cow disease

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: Heady Library Windowlicker

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: mustard zippy crackhouse

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: Heady Library Windowlicker

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: Lascivious puppy



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



Reply Favorite

Date: January 16th, 2018 7:52 PM
Author: Hyperactive dun faggot firefighter



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



Reply Favorite

Date: January 16th, 2018 11:45 AM
Author: wild deer antler cuck

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: Chest-beating out-of-control forum

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: concupiscible wagecucks immigrant

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: peach wonderful site

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: Razzmatazz chrome roast beef

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: Lascivious puppy

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: purple orchestra pit therapy

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: Provocative jet dilemma bbw

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: indigo stead party of the first part

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: Costumed Mind-boggling Chapel

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: Chest-beating out-of-control forum

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)