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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...
racy location water buffalo
  01/16/18
Term Life Insurance: $250. I have $6 million on my head and ...
spectacular pale pozpig
  01/16/18
I'm also making sure to sample two types of dessert each day...
spectacular pale pozpig
  01/16/18
Dinner today is Vietnamese spring rolls, yum — but my husban...
spectacular pale pozpig
  01/16/18
ran here.
Jet kitty cat ratface
  01/16/18
I noticed she only mentioned the gym membership for her husb...
adventurous amethyst cruise ship
  01/16/18
This was totally made up
green big-titted old irish cottage tanning salon
  01/16/18
why
spectacular pale pozpig
  01/16/18
First of all she only mentions her Bloomberg terminal ONCE a...
green big-titted old irish cottage tanning salon
  01/16/18
...
buck-toothed heady goal in life
  01/16/18
...
kink-friendly house-broken gunner
  01/16/18
...
Translucent stimulating menage mexican
  01/16/18
My flight and I hotels are expensed ($6,500 for the business...
spectacular pale pozpig
  01/16/18
lol she CUCKED her hubby into economy
Ivory idea he suggested
  01/16/18
I first read it as they both got economy lol Shrews gonna Sh...
racy location water buffalo
  01/16/18
Imagine if the tables were turned and a male hedge fund MD b...
racy location water buffalo
  01/16/18
Lol this is a girls fantasy
buck-toothed heady goal in life
  01/16/18
why
spectacular pale pozpig
  01/16/18
Running list: $50 gym membership $30 a month on taxis Hom...
buck-toothed heady goal in life
  01/16/18
...
pearly parlor gay wizard
  01/16/18
I spot a newly opened Kung Fu Tea at the mall and stop by. I...
spectacular pale pozpig
  01/16/18
Asian shrew daydream
lascivious submissive psychic telephone
  01/16/18
...
gaped dog poop
  01/16/18
How are wall street bonuses taxed? Same as regular income or...
racy location water buffalo
  01/16/18
regular income unless it is carry
Abnormal Nursing Home Place Of Business
  01/16/18
Only 1.5 MM? she’d do nearly as well as a GDC junior partne...
unhinged marvelous fanboi
  01/16/18
Don’t out fratty
Lime 180 volcanic crater university
  01/16/18
She makes $1.5m and appears to "work" like 30 hour...
Provocative home travel guidebook
  01/16/18
Article is 100% flame
Lime 180 volcanic crater university
  01/16/18
...
Indigo pea-brained hospital internal respiration
  01/16/18
...
Curious dilemma roommate
  01/16/18
lesson: don't have kids
Ruby sanctuary
  01/16/18
100% made up. she has almost 0 work details and the few she ...
Painfully Honest Diverse Personal Credit Line
  01/16/18
this is probably real except the work part. no way she makes...
comical striped hyena bawdyhouse
  01/16/18
is it possible that she is fudging her work life details to ...
Hairraiser address twinkling uncleanness
  01/16/18
Did she describe her role at the fund? Maybe it's a relative...
Jet kitty cat ratface
  01/16/18
i can only imagine how insufferable and azn female in financ...
Indigo pea-brained hospital internal respiration
  01/16/18
This is fake. NO way a finance person who actually makes &qu...
glittery hunting ground base
  01/16/18
love these. like catnip for me. can you please repost the o...
violent locale
  01/16/18
nutella SOPPING WET
exciting principal's office
  01/16/18
I️ know I’m just a pumo but some hedge funds have...
vivacious irate sneaky criminal doctorate
  01/16/18
i was a generalist, but besides what other poasters have sai...
Painfully Honest Diverse Personal Credit Line
  01/17/18


Poast new message in this thread



Reply Favorite

Date: January 16th, 2018 10:20 AM
Author: racy location water buffalo

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: spectacular pale pozpig

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: spectacular pale pozpig

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: spectacular pale pozpig

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: Jet kitty cat ratface

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: adventurous amethyst cruise ship

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: green big-titted old irish cottage tanning salon

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: spectacular pale pozpig

why

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



Reply Favorite

Date: January 16th, 2018 11:34 AM
Author: green big-titted old irish cottage tanning salon

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: buck-toothed heady goal in life



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



Reply Favorite

Date: January 16th, 2018 1:14 PM
Author: kink-friendly house-broken gunner



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



Reply Favorite

Date: January 16th, 2018 1:51 PM
Author: Translucent stimulating menage mexican



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



Reply Favorite

Date: January 16th, 2018 10:24 AM
Author: spectacular pale pozpig

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: Ivory idea he suggested

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: racy location water buffalo

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: racy location water buffalo

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: buck-toothed heady goal in life

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: spectacular pale pozpig

why

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



Reply Favorite

Date: January 16th, 2018 11:28 AM
Author: buck-toothed heady goal in life

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: pearly parlor gay wizard



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



Reply Favorite

Date: January 16th, 2018 10:25 AM
Author: spectacular pale pozpig

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: lascivious submissive psychic telephone

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: gaped dog poop



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



Reply Favorite

Date: January 16th, 2018 11:26 AM
Author: racy location water buffalo

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: Abnormal Nursing Home Place Of Business

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: unhinged marvelous fanboi

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: Lime 180 volcanic crater university

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: Provocative home travel guidebook

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: Lime 180 volcanic crater university

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: Indigo pea-brained hospital internal respiration



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



Reply Favorite

Date: January 16th, 2018 7:52 PM
Author: Curious dilemma roommate



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



Reply Favorite

Date: January 16th, 2018 11:45 AM
Author: Ruby sanctuary

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: Painfully Honest Diverse Personal Credit Line

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: comical striped hyena bawdyhouse

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 address twinkling uncleanness

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: Jet kitty cat ratface

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: Indigo pea-brained hospital internal respiration

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: glittery hunting ground base

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: violent locale

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: exciting principal's office

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: vivacious irate sneaky criminal doctorate

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: Painfully Honest Diverse Personal Credit Line

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)