One of the most frequent pings I’ll get is from people asking about jobs in investing. These pings generally fall into three “buckets”: People who have experience with an investing job (either on the buyside or sellside) looking for a new role.
Bucket 2/3, got passing results for Level 1 last January, grad degree but not MBA, and not target school. Still looking for work. I’ve had a number of interviews. Nobody has asked for a pitch yet. I may add one to my cover letter.
This is great advice about a Substack. I’ll be brainstorming pseudonyms this week.
Completely agree with your advice. I went to a non-target school, got a non-business degree, and was able to break into the industry through taking the L1 CFA.
Great article...thanks for writing it. I taught college students (finance) for a couple of decades and this is great advice!
Two quick comments. First, you probably can't sign up for the CFA until your senior year as they don't want you getting it without your undergrad -- https://www.cfainstitute.org/en/programs/cfa/charter (you can take it during your senior year). Don't ask me why as it is largely a self-taught program, but I guess they want their signal as well. Second, I agree whole-heartedly with your signal concept on the CFA. Having a CFA doesn't change your investment quality, but it's value is in the signal it sends to companies (and clients) about your motivation. And the whole when you can/can't/or how you say have a "CFA" drove me absolutely nuts as well!
Thank you for sharing this great advice. I am passing on a copy to my son.
Appreciate this post & encouragement. I'm in bucket #2 :)
Bucket 2/3, got passing results for Level 1 last January, grad degree but not MBA, and not target school. Still looking for work. I’ve had a number of interviews. Nobody has asked for a pitch yet. I may add one to my cover letter.
This is great advice about a Substack. I’ll be brainstorming pseudonyms this week.
Great stuff, I endorse this message 💚 🥃
Completely agree with your advice. I went to a non-target school, got a non-business degree, and was able to break into the industry through taking the L1 CFA.
Thanks for sharing your advise. I have felt myself very represented and your kind words encourage the tortuous path ahead.
Great encouragement, and an awesome analogy between a newsletter and call option!
Great stuff Andrew! 👍
Thank you for the encouraging words!
Great article...thanks for writing it. I taught college students (finance) for a couple of decades and this is great advice!
Two quick comments. First, you probably can't sign up for the CFA until your senior year as they don't want you getting it without your undergrad -- https://www.cfainstitute.org/en/programs/cfa/charter (you can take it during your senior year). Don't ask me why as it is largely a self-taught program, but I guess they want their signal as well. Second, I agree whole-heartedly with your signal concept on the CFA. Having a CFA doesn't change your investment quality, but it's value is in the signal it sends to companies (and clients) about your motivation. And the whole when you can/can't/or how you say have a "CFA" drove me absolutely nuts as well!
I'm on bucket #1!!
Encouraged by this post I have decided to start my own substack. Thanks Andrew for the great work and for sharing your advices!
Based on your advice I just started my Substack yesterday! First idea is not a little quirky, but $BAYN is a compelling idea. Please check it out!
Love this advice. Thanks!
An absolutely fantastic piece right here. Thanks YAVB!
Thanks for interesting post Andrew.
"Stick with it, and publish one article a week for ~6 months." - what's the driver behind this frequency? Building the audience?
With my investing style (concentrated, few ideas confident in), feels it would be hard to get a worthwhile article out very often.