Discover your dream Career
For Recruiters

"Everyone wants to be a hedge fund millionaire or a victim. We need an alternative"

I'm a hedge fund manager. I was an MD in a bank, and now I'm a portfolio manager at a major fund. But I'm not your average hedge fund millionaire. 

Get Morning Coffee  in your inbox. Sign up here.

I don't live in a bubble. Yes, my kids go to elite schools, but I grew up poor. I know what life's like for people outside this industry, who don't have money. Most of my extended family live in that world, and I give of my time to help and mentor others when I can. I talk to a lot of college kids. I think I have a good handle on how they approach life.

It seems there are only two games that young people want to play now. They either want to be a hedge fund manager and to earn millions a year, or they want to be a victim. There's a sense that if you're not going to stab whoever you can in the back to earn your $5m, you're going to have to play the oppressed card. Victimhood is a valuable currency. So is naked ambition. 

There's a different way. I know billionaires and they are not happy. The happiest person I've ever met is actually a teacher at my daughter's school. He's passionate about what he does, he loves the kids, and he gets a huge amount of pleasure from his work.

There's so much more to life than the oppressor-victim game, and young people need to know this. I work hard and earn a lot, but I derive the most amount of happiness from helping others. I don't just write cheques (although I do write cheques) - I give my time to causes that I want to get involved in. It's a completely different experience to blowing air kisses at a gala dinner. 

Being human can be hard. Everyone suffers, Suffering doesn't mean you have to be a victim. Equally, money doesn't mean you'll be happy. There's another way; it's called service and working hard while helping others. This is how to have a good life. Trust me, I'm a hedge fund manager; I know.  

Abeline Waser is a pseudonym

Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Signal: sarahbutcher.22  Click here to fill in our anonymous form, or email editortips@efinancialcareers.com. 

Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate.

author-card-avatar
AUTHORAbeline Waser Insider Comment

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.