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Bloomberg Businessweek

Memoir of One Woman’s Self-Discovery Inside a Top Wall Street Firm

Feb 15, 2024
08:28
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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.
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Podcast summary created with Snipd AI

Quick takeaways

  • 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.

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