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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...
Magical bawdyhouse jewess
  01/16/18
Term Life Insurance: $250. I have $6 million on my head and ...
Histrionic chocolate stage preventive strike
  01/16/18
I'm also making sure to sample two types of dessert each day...
Histrionic chocolate stage preventive strike
  01/16/18
Dinner today is Vietnamese spring rolls, yum — but my husban...
Histrionic chocolate stage preventive strike
  01/16/18
ran here.
Bull headed federal philosopher-king
  01/16/18
I noticed she only mentioned the gym membership for her husb...
nighttime market
  01/16/18
This was totally made up
Ungodly coldplay fan temple
  01/16/18
why
Histrionic chocolate stage preventive strike
  01/16/18
First of all she only mentions her Bloomberg terminal ONCE a...
Ungodly coldplay fan temple
  01/16/18
...
multi-colored hominid
  01/16/18
...
stirring geriatric water buffalo
  01/16/18
...
Hideous office
  01/16/18
My flight and I hotels are expensed ($6,500 for the business...
Histrionic chocolate stage preventive strike
  01/16/18
lol she CUCKED her hubby into economy
Painfully Honest Senate Organic Girlfriend
  01/16/18
I first read it as they both got economy lol Shrews gonna Sh...
Magical bawdyhouse jewess
  01/16/18
Imagine if the tables were turned and a male hedge fund MD b...
Magical bawdyhouse jewess
  01/16/18
Lol this is a girls fantasy
multi-colored hominid
  01/16/18
why
Histrionic chocolate stage preventive strike
  01/16/18
Running list: $50 gym membership $30 a month on taxis Hom...
multi-colored hominid
  01/16/18
...
Erotic Brindle Dilemma
  01/16/18
I spot a newly opened Kung Fu Tea at the mall and stop by. I...
Histrionic chocolate stage preventive strike
  01/16/18
Asian shrew daydream
sick spruce volcanic crater whorehouse
  01/16/18
...
Carnelian apoplectic site associate
  01/16/18
How are wall street bonuses taxed? Same as regular income or...
Magical bawdyhouse jewess
  01/16/18
regular income unless it is carry
spectacular theater stage
  01/16/18
Only 1.5 MM? she’d do nearly as well as a GDC junior partne...
mildly autistic citrine area stain
  01/16/18
Don’t out fratty
charismatic address black woman
  01/16/18
She makes $1.5m and appears to "work" like 30 hour...
Free-loading carmine den
  01/16/18
Article is 100% flame
charismatic address black woman
  01/16/18
...
Cyan people who are hurt menage
  01/16/18
...
kink-friendly stead mental disorder
  01/16/18
lesson: don't have kids
internet-worthy laughsome idiot corner
  01/16/18
100% made up. she has almost 0 work details and the few she ...
shaky house famous landscape painting
  01/16/18
this is probably real except the work part. no way she makes...
Milky business firm fortuitous meteor
  01/16/18
is it possible that she is fudging her work life details to ...
Hairraiser idiotic meetinghouse genital piercing
  01/16/18
Did she describe her role at the fund? Maybe it's a relative...
Bull headed federal philosopher-king
  01/16/18
i can only imagine how insufferable and azn female in financ...
Cyan people who are hurt menage
  01/16/18
This is fake. NO way a finance person who actually makes &qu...
shimmering soul-stirring casino gunner
  01/16/18
love these. like catnip for me. can you please repost the o...
Aqua Goal In Life
  01/16/18
nutella SOPPING WET
Elite forum
  01/16/18
I️ know I’m just a pumo but some hedge funds have...
Concupiscible lemon theatre halford
  01/16/18
i was a generalist, but besides what other poasters have sai...
shaky house famous landscape painting
  01/17/18


Poast new message in this thread



Reply Favorite

Date: January 16th, 2018 10:20 AM
Author: Magical bawdyhouse jewess

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: Histrionic chocolate stage preventive strike

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: Histrionic chocolate stage preventive strike

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: Histrionic chocolate stage preventive strike

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: Bull headed federal philosopher-king

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: nighttime market

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: Ungodly coldplay fan temple

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: Histrionic chocolate stage preventive strike

why

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



Reply Favorite

Date: January 16th, 2018 11:34 AM
Author: Ungodly coldplay fan temple

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: multi-colored hominid



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



Reply Favorite

Date: January 16th, 2018 1:14 PM
Author: stirring geriatric water buffalo



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



Reply Favorite

Date: January 16th, 2018 1:51 PM
Author: Hideous office



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



Reply Favorite

Date: January 16th, 2018 10:24 AM
Author: Histrionic chocolate stage preventive strike

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: Painfully Honest Senate Organic Girlfriend

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: Magical bawdyhouse jewess

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: Magical bawdyhouse jewess

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: multi-colored hominid

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: Histrionic chocolate stage preventive strike

why

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



Reply Favorite

Date: January 16th, 2018 11:28 AM
Author: multi-colored hominid

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: Erotic Brindle Dilemma



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



Reply Favorite

Date: January 16th, 2018 10:25 AM
Author: Histrionic chocolate stage preventive strike

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: sick spruce volcanic crater whorehouse

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: Carnelian apoplectic site associate



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



Reply Favorite

Date: January 16th, 2018 11:26 AM
Author: Magical bawdyhouse jewess

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: spectacular theater stage

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: mildly autistic citrine area stain

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: charismatic address black woman

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: Free-loading carmine den

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: charismatic address black woman

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: Cyan people who are hurt menage



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



Reply Favorite

Date: January 16th, 2018 7:52 PM
Author: kink-friendly stead mental disorder



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



Reply Favorite

Date: January 16th, 2018 11:45 AM
Author: internet-worthy laughsome idiot corner

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: shaky house famous landscape painting

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: Milky business firm fortuitous meteor

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: Hairraiser idiotic meetinghouse genital piercing

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: Bull headed federal philosopher-king

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: Cyan people who are hurt menage

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: shimmering soul-stirring casino gunner

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: Aqua Goal In Life

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: Elite forum

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: Concupiscible lemon theatre halford

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: shaky house famous landscape painting

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)