We’ve had cloning in the South for years. It’s called cousins.–Robin Williams
Once the Value Vault has been reorganized, I will send an email with a key to all who have received a key before. Meanwhile, I will send out keys to the people who have requested entry into the video vault for 2010 Greenwald Lectures. Thanks for your patience. Also, I will fix the comment section per a reader request so it is easier to follow a discussion. The blog will become better organized as we move forward.
Tilson Posted a Job Opening for an Analyst’s Position
Don’t forget to visit www.tilsonfunds.com to see his writings on value investing. To read his funds’ investment letters–username:tilson and password: funds. The Tilson Fund has had a difficult year (-20% or so) in 2011. Hopefully, 2012 will bring sunshine.
From Whitney Tilson:
A friend of mine who’s really knocking the cover off the ball is looking for an analyst:
Greenwich-based hedge fund seeks an analyst who is smart, hard-working, honest and eager to learn and contribute. The candidate should be able to efficiently analyze businesses across multiple industries and have done so professionally for three or more years. He or she should have an MBA or have earned their CFA designation. The candidate should also have a personal or professional track record that demonstrates strong analytical and stock-picking ability.
Our firm employs value-based, event-driven strategies with a macro overlay. The Fund has had a strong start, rising over 400% in its first three years since inception in 2009. Our company is seeded by a well-known and highly-respected hedge fund icon.
Please direct inquiries to firstname.lastname@example.org
Finding An Analyst Job
A reader sent the following email seeking advice:
Here is the situation in a nutshell: my goal since high school has always been to break into some fund where I can do research every day but due to a lapse in judgment and practical financial needs, I took a job as a management consultant right out of college. I’ve been working at this job for two years now and while it has given a ground-level perspective of how some large businesses are run, it has been predominantly a waste of time (pleasing clients, building pretty power points, etc.) and I am very eager to get out.
However, I have found it very difficult to break into the investment management/hedge fund world. I am trying to figure out how to land an entry-level research role at a fund, preferably value-oriented.
OK, readers may have their own suggestions and ideas which I am happy to post. There are many ways to get to heaven (become a good investor) so working at a fund is not the only way. But I will return with some ideas later after I post the Coors case study and new case study this afternoon. Let’s think about a good approach to finding a job as an analyst to help this reader.