Activity

That was what I believed, anyway, and not without reason: My first day included an orientation with the rest of the investment associate (post-college) and analyst (post-MBA) class who were hired to do equity research. There were maybe thirty of us: half associates, half analysts; a few women. Duri…

The gardens held up to three thousand people. Carbon’s New York headquarters had fewer than a hundred employees. The venue appeared to have more staff serving burgers and operating rides than it did guests. The first image I saw as I entered the grounds has been etched into my mind: the children of…

Then he went over the expectations. Maximize efficiency. Positive, “can do” attitude. No ego, productive, high return on time. When he was explaining the fourth expectation—kindness, professionalism, going the extra mile—I found myself diving headlong into the rapids. He said he cared deeply about …

The external conference rooms. Paget, Etna, Meru.

The lobby. A gray couch, white pillows. A jar of gray and white M&M’s. A gray rug tessellated with stones, rocks, and pebbles. A wall with a single work of art: a mountain peak.

“And this is Everest,” Courtney said, stopping in front of double…

In the late nineties, the funds’ investor base began to change from individuals (who, on the whole, maintained their allocations in hedge funds) to institutions, led by David Swensen, head of Yale’s endowment. Swensen pioneered the endowment model, turning a portfolio invested mostly in marketable …