If you interview at an investment bank, you may be asked weird questions. If you interview at a hedge fund, the chances of this happening are higher.
Last year, research conducted by eFinancialCareers in the US concluded that hedge fund interviews are the hardest. This week, it has also become apparent that they can also be strange.
Absolute Return Magazine has interviewed Ray Dalio, a hedge fund manager already known for mild social abnormalities which have not inhibited his ability to run Bridgewater Associates, the world’s largest hedge fund with $87bn in assets, $37bn of which netted a 45% gain last year.
Among other things, it emerges that Bridgewater likes to incorporate the following elements into his interviews:
1) Questions on a candidate’s views on abortion
2) Questions on a candidate’s views on God
3) A Myers Briggs personality test (Dali is an ENTP – extraverted, intuitive, thinking and perceiving).
Bridgewater tends to hire, “smart liberal arts graduates in their 20s,” about 30% of whom either leave or are fired within the first two years of joining.
One London-based hedge fund employee who has not interviewed at Bridgewater, but has interviewed at a succession of smaller funds said the egos tend to be bigger at hedge funds and the interviewers tend to be more aggressive.
The propensity for cryptic questions is also higher. Candidates report being asked to complete complex theorems. There may also be completely incongruous questions such as: ‘What is your favourite email address and why?’
Jane Mann, an employment lawyer at Fox Williams Solicitors said it would illegal to ask a candidate’s opinion on God in a UK interview as this would counter religious discrimination laws. She also says that employment claims involving hedge funds are rare: “Hedge funds tend to be smaller. They often have lots of money and are able to resolve their own issues without resorting to legal fights.” In other words, they settle out of court.
US

If you ask a candidate’s opinion on China, would that counter nationalist discrimination laws?
You discriminated China on what? Where do you borrow your money from?
Trader: So, can we ask the candidate their opinion about the eurozone debt market?
HR Lawyer: Well the Greeks and the Irish are a little touchy about that. If the candiate wanted to make it a racial issue we could be in some hot water.
The God question is significant not in the answer but in how you get to that answer. If the guy is say, Catholic, what is the evidence underpinning that belief? Logic? Science? Conjecture? A free deathbed put option? If the guy is say, Atheist, what is the evidence there? Or is absence of evidence evidence of absence?
I’m going to guess that Bridgewater doesn’t really care what the beliefs are but rather the thought process that got them there.
You shold know what you want: a job with a hedge fund or your human rights.
Your guys have been brain washed, hard to believe you work in finance. If you really have a job with a hedge fund in China, you defintely have human rights, massive rights..
If you are earning 10 million a year who cares about human rights
Loser cares..
article was interesting, comments less so…
I am impressed by how easily people can prostitute for money.
I think that lack of caring during childhood brings people thinking that money is the only jolly boat to happiness.
liberal arts graduates?? whatever for?
Great article, thank you again for wiritng.