A couple of weeks ago, Pitch The PM host Doug Garber had the opportunity to interview on the Searching Smarter Podcast at Selby Jennings.
Selby Jennings is doing great work with Searching Smarter, so be sure to catch their latest episode here: https://youtube.com/@selbyjennings8854?si=xxoGyPPIopsnhMcN
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The old paths to becoming a portfolio manager are fading. The bar is higher, the competition sharper, and the skill set broader.In this episode, Pitch the PM host Doug Garber, who’s spent time inside multi-manager giants like Citadel and Millennium, lays out what it really takes to make it as a PM today.
We get into:
- Why is edge now more about process than predictions?
- How to build a signal in a world flooded with noise
- What separates the candidates who get hired from those who don’t
- If you're aiming to manage risk and capital at the highest level, this one's for you.
Chapter:
0:00 - Intro
2:00 – Doug’s journey into financial services and how he secured roles at Millennium and Citadel.
12:19 – Why process is everything in investing.
13:47 – Understanding the ins and outs of a portfolio manager role.
23:30 – Owning your investment process - what it means and how big firms do it.
28:03 – The role of research in a hedge fund’s success.
30:53 – Is sell-side experience essential to break into the buy-side?
35:14 – How the talent bar is changing in investment roles.
38:40 – How aspiring traders and financial services professionals can stand out in today’s market
41:09 – Is investing in AI underhyped or overhyped?
43:59 – Behind the scenes of the Pitch The PM podcast.
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▶️ MORE EPISODES:
BNED: 3x Return Potential Post Recap: https://youtu.be/P6xy67DtqQ4?si=g9PUvXBFDAC0zAqm
ZM: Growth Acceleration, A Catalyst: https://youtu.be/D8THaDUBkTA?si=K0fRA4fO4e6ztIr-
POOL: Reverse Engineering Berkshire’s POOL Investment: Buying a Great Company in a Lull: https://youtu.be/190LgD6BdmQ?si=D5ku7gBaWB3IzdkW
NVDA: As Good As It Gets https://youtu.be/x8gJ8ElyUlM?si=ETW2jhfPsWJ_wD0R
Follow Pitch The PM:LinkedIn: www.linkedin.com/in/doug-garber-42aa508 X: https://x.com/PitchThePM
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Not Investment Advice. For Educational Purposes. See disclaimers at PitchThePM.com