A multi-manager ("MM") hedge fund is an investment firm consisting of many portfolio managers (PMs) managing portfolios autonomously. Each portfolio is referred to as a "pod", where PMs have complete discretion on how to construct their portfolio and have minimal interaction with the other pods, which is why MMs are also known as “pod shops.”
After years helping candidates break into the buy-side, I’ve noticed a pattern: the biggest career detours don’t come from bad interviews — they come from bad questions. * Questions that show you haven’t done your research (for the role a RESEARCH analyst) * Questions that show you don’t understand
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Causes and Implications for aspirants