I've seen a lot of posts on blind glorifying quant hedge funds. Here's a very realistic perspective:
https://www.wallstreetoasis.com/forums/quant-hedge-fund-career-progression
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Quant hedge fund career progression
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At a multi-manager fund I think life is pretty simple. PM is your boss, you negotiate pay with them like you would with a tiny startup. Make money, you get more capital, lose money get fired.
Some of the really big funds are just like tech companies on the other hand.