Hedge funds and the stock market - ask me anything til i get bored

[Hank Scorpio]

Sorry, bumped the wrong post earlier. Scorpion could you clear out some of your mailbox. Had another quick question for ya. Thanks

[confusil]

I was wondering if you could give me some career advice on the following:

I just graduated from a top school and started working at a hedge fund. I'd considered doing banking but decided that I was such a poor fit personality and interest wise that it wasn't worth putting in those two years, regardless of future benefits.

Anyways, my fund is large and well known, and we are one of the few who structures our portfolio construction according to portable alpha. That is, we give clients whatever benchmark they desire, and then add alpha return streams on top of that. The area I'm working in is relatively unique, and has to do with analyzing how we replicate benchmarks for clients who want specific beta exposure as well as alpha exposure.

While the work I'm doing is very interesting, and a portable alpha framework does seem better than how many other hedge funds think about portfolio management, I am concerned that the skill set I'm developing at my firm will be largely irrelevant years down the road if/when years down the road I want to transition to another fund/area of finance. Is this something you feel qualified to speak on, and if so, what is your opinion?