Think you have what it takes to be a portfolio manager? Every aspiring buy-side analyst I know eventually wants to become a portfolio manager at some point. However, what many fail to realize is the lengthy process it takes to get from analyst to portfolio manager.
I was certainly one. Before I first started working in the hedge fund industry, I had aspirations of becoming a portfolio manager after a one or two year stint as a research analyst. Now, after working almost an entire year as an analyst for two different funds, I got a glimpse into reality and realize now becoming a portfolio manager in one or two years was wishful thinking and rather naive on my part. I do eventually want to become a portfolio manager, but I recognize that successfully transitioning from analyst to portfolio manager takes many years or even a decade of valuable experience working under portfolio managers and that nothing can substitute experience.