Memoir of One Woman’s Self-Discovery Inside a Top Wall Street Firm
Feb 15, 2024
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Author Carrie Sun discusses her new book Private Equity: A Memoir. She shares her personal journey of working for a billionaire hedge fund manager and her motivations to pursue creative endeavors alongside finance. Exploring the differences between quantitative equity and fundamentally driven investing. The chapter also delves into the decision to anonymize names in the memoir. Carrie reflects on Wall Street burnout and the quest for work-life balance. She shares her motivation for writing about her experience in a high-pressure job on Wall Street and how her time there inspired her to write about work-life balance.
The memoir highlights the stark contrast between the roles of quantitative equity analyst and private equity/hedge funds worker, emphasizing the demanding nature of the latter.
Carrie Sun's experience prompts readers to reflect on their own job descriptions and the feasibility of achieving work-life balance.
Deep dives
Private Equity: A Rarefied World of Finance
Carrie Sun, author of "Private Equity: A Memoir," shares her experience working as the right hand person to a billionaire hedge fund manager. Initially attracted by the opportunity to utilize her finance background and pursue creative endeavors, Sun found herself in a fast-paced and demanding environment. She describes the stark contrast between her previous role as a quantitative equity analyst and the constant multitasking and crisis management required in private equity and hedge funds. Sun chose to anonymize the characters and firm in her memoir to focus on her personal story from the perspective of an average worker. Her experience highlights the challenges of achieving work-life balance in high-pressure industries.
The Difficulty of Achieving Work-Life Balance
Carrie Sun's memoir explores her intense job in the finance industry, shedding light on the struggles many face in achieving work-life balance. Despite recognizing the demanding nature of the role, Sun fully committed herself, blaming herself for not being able to manage her day job while also finding time for personal recovery. The job description she received on her first day listed nearly 100 responsibilities, with multiple lines emphasizing the expectation to go above and beyond. Sun's experience prompts readers to reflect on their own job descriptions and the feasibility of work-life balance within them.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Author Carrie Sun discusses her new book Private Equity: A Memoir. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.