The BEST Beginner's Guide to Hedge Funds, Private Equity, and Venture Capital!

In this video I provide an overview of the buy side, including hedge funds, private equity, and venture capital. I go over what you do, hours and lifestyle, compensation, how to break in, and how to choose the buy side field that's right for you.
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🎥Related Videos🎥
How Much Hedge Funds Investors Make: youtu.be/watch?v=nZN5iAbtN8c
Crazy vs. Easy Week in Banking: youtu.be/watch?v=-DNtDWhYQXs
My Role During a $6.1BN M&A Deal: youtu.be/watch?v=TjjKFnMH1TI
Why I quit investment banking: youtu.be/watch?v=hQfLWritg9s
How Much do Bankers Make?: youtu.be/watch?v=IbiwN2gDkWc
⏱Timestamps⏱
0:00 - Introduction
1:10 - What You Do
7:42 - The Hours & Lifestyle
10:03 - Compensation
11:04 - How to Break In & How to Choose
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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🔎Disclaimer🔎
All content in this video is for entertainment purposes only. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, I may earn a commission if you click through and make a purchase.

[@rithvikgujjula1400]

also for hedge funds, there's no strict working hours as you are expected to keep yourself up to date in the markets in your free time. Which is why hedge funds mainly attract those passionate about the markets.

[@rithvikgujjula1400]

to clarify I meant that while on the outside it may seem they have shorter working hours, not all the time do they only work in the office.

[@rithvikgujjula1400]

@Andrew Fields GP

[@severins.128]

Thanks Ben! The PE course is a perfect fit for my further career steps. I would therefore like to be prepared as well as possible to get started in order to avoid unnecessary mistakes.

[@malvikapant7622]

the speed with which i subscribed to this channel is crazy

[@alejandrogalindo9776]

Hi Ben! Thank you so much for this video, currently in a masters program and this made it incredibly easy to understand the differences on the buy side.

[@toviyaondo]

One of your best videos yet! This was super informative.

[@alexwoodward8748]

Thanks Ben! These types of videos are extremely useful, as I’m now a freshman in college studying quantitative finance i really want to figure out at least what captures my interest and what doesn’t, and these do just that! A free course would be awesome for me because i can explore something that may become my future job and give incredible insight, and its free too!

[@ricardoaugustin39]

Really useful content!! Complete overview with clear explanations of the key points of the industry

[@csmith9726]

great overview of these industries, you saved me a couple hours of research. Appreciate it! :)

[@victorschultz2295]

Hey ben, Im currently a freshman in college studying finance. I love your videos and have been watching since almost the start of this channel. You are one of the main reasons I want to go into Investment Banking and the finance sector in general. This course would give me a major head start and help me gain the skills I need not only to excel in any future internships, but also place me a step ahead in my career as a whole!

[@RobtakesTynevlogs]

This is really helpful. I could resonate to what you said about being on the buyside. Pretty intense but comes with rewards as well.

[@itstony3959]

As a financial services recruiter, this is a perfect video for someone who works in talent to have a good foundation of these concepts when speaking with candidates

[@ruilinzhang3554]

Thank you for acknowledging us, this is helpful!

[@daaaaaavid]

AMAZING video and content on this channel in general! Thank you so much! It’s noticeable that you put in a lot of work into your videos and it’s well worth it. things I really enjoy about your videos (please keep doing them haha): - outline in the beginning - clear structure - points you cover - giving examples - sharing your personal experience keep doing your thing. love it!

[@rareliquid]

thank you so much for the positive feedback!

[@johndeanconway7931]

Big ups to everyone working effortlessly trying to earn a living while building wealth. My wife and I we are both retired with over $2 million in net worth and all paid off debts. living smart and frugal with our money, made it possible for us this early, even till now we earn passively with our asset coach. Adapt to a lifestyle, be thrifty, set a budget, save money and build more streams.

[@donnahensley2459]

Excellent choices having a great savings and more streams to earn makes life goal’s easier but our way of life needs better alternative,at the same time, people also need to be more responsible. I know for a fact that there's a lot of people that simply don't make enough, I make roughly hundred plus a year and in California, rent inflation alone eat up almost all of what I make, with dependents and other obligations included, it's easy to end up with zero. however it’s a good time to add to existing asset holdings as follow -on opportunities

[@johndeanconway7931]

I resonate with what you said ma’am, you could also take advantage of some growth stocks at the moment, every pro is currently bagging on some digital surge. For me, my coach Margaret ann myatt the intelligent advisor has been using every opportunity to ensure I benefit, well positioned as I’m also privy to improve. It completely changed the approach for me, feel free to write direct to help construct your approach as well.

[@mikenorman5172]

I have got myatt résumé, also part of an audience with Margaret options, a huge economical nerd, these well anticipated results has impacted a lot of exposure for me.

[@mondimlotshwa3958]

I bet you got yourself some solid portfolio.

[@futurelawyernyc]

This was very helpful and neatly organized, great job

[@lleytonwong9082]

Hey Ben, really enjoyed the video, it was really cool learning some new things about the buy side I hadn't known before! Currently I'm a Finance student from Sydney hoping to pursue a career in IB and have found all your videos super helpful. Having a chance to skim through FE's free courses, I've found that they are super interesting and I've learnt so much already. An opportunity to try out FE's flagship courses would be amazing and will definitely serve as a strong inspiration and guide for me throughout uni! Hope all is well and look forward to you next video (:

[@vindiicat]

Hey Ben! Thanks for your effort in putting out all these educational videos out there. I am currently in the auditing and would like to change my career path towards M&A/IB. I believe this course will help me greatly in it.

[@stmaui6973]

Thank you for this video, and about FE. Excellent!

[@darrenchow8576]

Hey Ben, Super helpful and appreciate all the great videos you put out, please keep it up! Would be interested in a video regarding the exit opps in Corp Dev/Strat. Cheers

[@dominiclivingston9486]

Brilliant video and answered several questions I’ve had for a number of years whilst watching and researching the Buy Side area. Keep it up!

[@user-hk1ww5ux2o]

Feedback appreciated.👆 Wanting more info and insight? WatsApp the numbr above Endeavor to reach out!!

[@Anna-sj4ut]

I'm glad I clicked on your video! Didn't think it would capture my short tension span but you explained it well! New sub!

[@user-hk1ww5ux2o]

Feedback appreciated.👆 Wanting more info and insight? WatsApp the numbr above Endeavor to reach out!!!.......

[@veershah2760]

Really helpful, thanks Ben!

[@rareliquid]

⏱Timestamps⏱ 0:00 - Introduction 1:10 - What You Do 7:42 - The Hours & Lifestyle 10:03 - Compensation 11:04 - How to Break In & How to Choose

[@JohnDoeX1966]

Great video. I learned a lot. You have earned a new subscriber in me. Thank you.

[@AndreSantos-wk8sy]

Amazing video, even better then the others I've seen before from you. Cheers

[@PedroMota671]

Hey Ben! Thanks a lot for all the videos, they really allowed me to discover my passion for the financial world and every job related to it. I am currently a 2nd year student at college and I have already been selected to an internship in the finance related industry. Thus, I certainly think that the FE Investment Banker course would allow me to enter the internship with full capability of being successful :)

[@daanwerkheim3752]

Thanks for this video! It was really informative!

[@adambohak1676]

What a video, appreciated sir!

[@ellenoir5678]

As a new learner to financial space this was a good video breakdown

[@billnolan5375]

Not all income investments are created equally. I've allocated my capital in a safe and sustainable way but still leave room for excitement for individual stocks, cryptos and new exciting opportunities!

[@rahultoggi4672]

I'm working towards an early retirement, it's possible but tough, it definitely requires discipline and big sacrifices. Putting in the work in boosting my earning capacity. I'm glad I got into stocks and recently joined the NFT train.

[@joerobert1801]

@@rahultoggi4672 I still prefer real estate over stocks or crypto, Nfts. Perhaps it's because I had a front row seat watching so much carnage during the 2000 dotcom bubble and the 2008-2009 financial crisis that has me jaded.

[@noelstout3056]

@Joe Robert. I firmly believe everyone striving for financial independence should own both stocks and real estate. The percentage weighting of each asset class as part of your portfolio will then be up to you to decide. At least with stocks, when the market is plunging, you can sell, albeit at a loss. Lots of people couldn't sell their real estate, couldn't afford to sell in 2007-2011.

[@seanroger6954]

@@noelstout3056 Absolutely, i made my first 6 figure at a go during a crash. I retired with a 7 figure portfolio and I'm currently receiving about $500k annual earnings. I didn't achieve that by playing safe. My earnings comes from stocks and profits from the crypto market as well. All this were possible with the guidance of my personal trading broker Frost Hilda, who helped build a portfolio that's has helped cleared my debt. Retirement came early with no regrets.

[@rahultoggi4672]

@@seanroger6954 this is remarkable, I need more info on Frost Hilda's services, you got any possible means of getting through to him?

[@DharmendarKumar-go3ei]

Thank you ben for great information

[@FragrantOffice]

Hi Ben, I'm currently working at a bank and will be moving to the Financial Sponsors Group coverage sector in September. This is my first move towards the buy side and having a course like financial edge under my belt I'm sure will pay dividends as I advance towards my end goal in private equity. Love the videos, keep them coming!

[@neilsuh8369]

Congrats reaching almost 100k subs!

[@samzhao8611]

Great beginners guide video! Thx

[@nidaldarwiche1332]

nice video, thanks for sharing. keep doing this type of videos brother.

[@TzeKay]

Hi Ben. Thanks for the insights. As of now, I am struggling to learn about how to do modelling because I study accountancy and would like to try to breakthrough into the finance sector. The prize would definitely be an encouragement for me to not give up on my dreams despite the buy side being such a tough industry to be in.

[@omark9908]

Winning the FE course will help me improve my technical skills! Let’s gooooooooo

[@maah_pov]

I'm currently switched from PE to VC, and totally happy with it. More money, more interesting projects, challenging tasks and younger colleagues. It's a perfect match for an ambitious man under 30

[@AbdellahAouf]

Hey Maah, would you please mentor me ?

[@alexsze9136]

Interesting, I would assume a role in PE usually gets a higher pay relative to VC, could you share what's your role resulting a higher pay in VC?

[@georgephilip1966]

Do u need a tech background to break into vc?

[@maah_pov]

@@georgephilip1966 It would be better to have some, but it's not the requirement.

[@maah_pov]

​@@alexsze9136 I'm an investment associate both in VC now and PE earlier. It depends on fund/holding, it's size and count of investments yearly. It's much harder to find great VC fund job than PE.

[@victorykalu-whyte2116]

You’re good…thank you so much for your videos

[@silvinremedios7347]

Excellent Explanation. Very very informative. Thank You so much.

[@rareliquid]

Glad it was helpful!

[@julianjensen-lim7110]

Loved the video

[@keahlungwani]

Great video, as always. I'm transitioning from science to investment banking, so that investment banking course would help a lot. Thanks for the give away opportunity.

[@iurgnail]

awesome video, concise for the amount of information shared

[@josephnole1122]

i’d love a vid that takes a deep dive on hedge funds

[@henribach7935]

Hi Ben! Thank you for your informative videos and these cooperations! I am currently a final year student and went through two small IB internships. After my graduation I want to apply for full-time positions. Due to my non-target university degree the course would have great benefits for my preparation for the upcoming interviews!

[@therankmaster9279]

Your Chanel is so helpful

[@tadiwabryanmusere2602]

Well put together.... Thank you

[@jeanmakara4823]

Bro, this is incredible! The level of detail is stellar, great information man; keep up the good work. New Sub!

[@rareliquid]

Thanks for the sub!

[@awi388]

bro, thank u for making this video

[@Sam-fp1cd]

These videos are a MASSIVE help to gain a better insight of the different segments of the financial industry. Really do appreciate the content. 👍 In terms of which buy side field you should go deeper into first, Hedge Fund sounds the most interesting. Would also not mind Private Equity either since I have an upcoming interview with one of the firms haha!

[@godbodyrock]

great content!!!

[@rareliquid]

Starting a new channel for career-related videos! kzbin.info 💻Financial Edge💻 ► Get 25% OFF using code RARELIQUID25: bit.ly/3vx0wIM ► Giveaway Terms (3 winners revealed on FE's Instagram story on Wednesday, 1/19) 1️⃣ Like this video 2️⃣ Leave a comment explaining why you want a place on either The Private Equity Associate or The Investment Banker program 3️⃣ Follow @fe.training and @rareliquid on Instagram

[@flospitzer1138]

PE

[@tejaskakumanu]

Would love to see a video on quantitative finance

[@TG-pk2vi]

Please do direct lending too!

[@antonalba180]

Great explanation. It would be perfect to complete it with a simple case with numbers for each case. Maybe deserves a second part of this video? Thanks!!😁

[@DYLTHEVYL]

GR8 video brother!

[@Real_JMIH]

Nice Video Ben

[@princesorlo6366]

thanks a lot. always learning from u.

[@philchege7155]

Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed returns. Also do proper research and invest with the right approach. Stocks, real estate, Hedge funds and ETFs are good investments as well. 🙂

[@tinamanuel2305]

I just started my investment journey. I wish to have about 10 streams of income before I'm 30. I'm currently 26.

[@philchege7155]

@@tinamanuel2305 Great plan 👍. Started investing at 37. Sometimes I wish I started earlier. it might seem like you are wasting your time now but you're making huge changes and progress. Watch out in nearest future your friends will regret why they didn't take this bold step. Keep it up.

[@marissamatty2703]

@@philchege7155 I have a full time job. I'm just looking for investment that won't require my time that's very profitable as well. i don't have much to do real estate.

[@philchege7155]

@@marissamatty2703 You have to start small to grow big. I started from financial market. Didn't have any clue about trading or investment but I'm glad I came across a regulated broker who is my investment advisor and trader. He handles all my trading activities and investment. One thing as a beginner is to have professional guidance at your end. You mustn't invest your time to make profit. Your broker will handle all that.

[@marissamatty2703]

@@philchege7155 That's great. Really interested. Please can I get more info on this broker services and how to connect with him.

[@rushikeshlabade3299]

Hi Ben, I am not from commerce background and interested to learn about invesy banking and want to make career in it. I believe this course will help me a lot and guide me for my career path. Thanks for making this videos I'm learning so much from it. Appreciate your efforts.

[@FidelSeineldin]

Great video, Ben! Hoping to win one of these courses (specially the PE one) given that it is where I would love to work in the future!

[@hansraviaruldas4467]

It’s a video even a 5yr old will understand. Great work.!!!

[@rahimkouferidji6493]

Hey Ben. I'm a sophomore in college and I'm interested in exploring the financial field to see if it's a career path I want to pursue. Getting that course would allow me to try it out and learn at no cost, which would be extremely beneficial!

[@gabrielshurmur1170]

I’m looking to recruit for IB so the IB course offered by Financial Edge would be amazing! Thanks Ben!

[@Katie-Melissa]

Awesome information!

[@svetlinsofiev6729]

Venture capital is deffinetely the coolest

[@devmodi6466]

Your hardwork is really reflected in the video/...thanks alot

[@user-hk1ww5ux2o]

Feedback appreciated.👆 Wanting more info and insight? WatsApp the numbr above Endeavor to reach out!!

[@dylanweaver1261]

Hi Ben! I really appreciate the informative video and it’s allowed me to grasp a better understanding of what field I want to go into. I just graduated from university last month and am looking for finance jobs and think the Investment Banking course would be a fantastic way for me to learn more about what it takes to be in the field and what I should know beforehand. Hope all is well and I’m looking forward to future videos!!!

[@jarumi110]

Ben I've been following your channel for a long time and I want to thank you because your videos have helped me a lot to decide what to study at a time when I was lost about my future. I would like the Private Equity Associate program since I am currently a final semester student and I would like to obtain resources to get a job in private equity / investment banking, things that my school does not teach and that due to my economic situation I cannot pay those kinds of programs. I would be very grateful to you since it is my dream to work in some important financial institution in the future.

[@rosequartz2290]

Thanks for demystifying these careers.

[@rareliquid]

no problem!

[@sarthakbhalerao6592]

I would love to have the investment banking course on financial edge as it will wave a path for me into the finance sector as I belong to the engineering sector. I am very much passionate about finance and financial modelling. I always love your videos rareliquid. Keep up the good work!

[@eduardofelipe93]

Love the video! Do you have some indication for content about helping companies to target the right institutions/funds to invest on them?

[@austinbrussels479]

Super video !

[@TomCruise82]

Youve gotta talk about those other hedge funds, like which is most prevalent and who some of the large players are that use certain strats, like do large financial institutions such as JPM, UBS, GS tend to stick to specific things or are they so large they cover most strategies.

[@luanedalmora4702]

Hey Ben! Congrets for this amazing video! Can I work in these areas with a degree in CS?

[@barryaherne215]

You know, most of the IB/career stuff goes over my head because it's not really my forte (not that I'd call stocks/crypto my forte either hahaha), and I usually just try to lend support through a comment and a like even if I don't know what's going on (lol), but this was really entertaining and informative because it comes up a lot on KZbin/Reddit, etc. The 3 often get thrown around in online discourse, so it's cool to be able to distinguish between both! Really cool, and I appreciate the effort you put into this. I hope the people that need it most get to watch it. And hey, maybe while all your friends are in banking, you'll be relaxing on a beach in Tahiti with a successful company and a reduced schedule. I'll take being a weird KZbin guy over the other scenario 😅 And totally irrelevant, but I liked the morning lighting!

[@pietrocucinottaify]

Might be good having a broader overview of asset management and S&T as well

[@guptaguptassja366]

I liked the comment about light change and working hard

[@MrBHC21]

Hey Ben, first of all... thank you for your great content. Because of your videso i really do understand the whole field of IB, PE & Co a lot better. I am currently in my last semster of my Bachelors in Economics over here in Germany. After that i am gonna add a finance master on top. It would be an amazing opportunity to win FE's online course because than i would be able to connect all the theory from university with the practical skills from people out of the industry. I think it would give me great headstart for my next internships. Keep up the great work and stay safe! :)

[@highflyingstone2616]

In Korea, Buy side refers to those asset owners like pension plan, SWF, insurance companies etc. Those HF, VC, PEF are asset managers and place between buy side and sell side. They should offer to asset owners to buy their imvestment idea so in that context, they are sell side

[@ishasamant3121]

I would really like to enroll in the Private Equity Associate course. Trying to break into the industry as a graduate and I am sure this will help me out!

[@m.a.sadeghi1608]

Excellent content as always! Could you also do a video on how (or if) people without formal training (i.e., degrees) in finance or econ could enter this sector? I'm a medical student myself and I'm considering a pathway of self-educating on relevant subjects in finance/econ and then ending up focusing on the financials of health-related industries (if there is such a thing/position) in the companies you've mentioned in this video.

[@Viktor9502]

You’d have to go do an MBA. To get into IB/PE/Consulting or high finance… you’ll need to get into at least a top 25 MBA program.

[@ZMartinW]

Hey Ben! Thanks for all of the informative videos you've provided us, especially the modeling livestreams. I'm interested in the FE courses because I'd like to further build my understanding in what is needed in IB and PE. I'm currently a senior in finance and will be going into IB this summer. Thanks for all you do!

[@DavidArasanzEdo]

I am always learning more about finance, so I would love to win the courses!

[@borisdorfman8280]

Awesome!!!

[@gugugaga5867]

So happy i am in tech.

[@maddisongabe]

Hi Ben, thanks for the great content, I have only just come across your channel and have already racked up a few hours! I am currently enduring my finals for my undergraduate degree and hope to get a role in IB/ AM in London this summer (if all goes to plan). Your videos have provided me with amazing insight into choosing/ filtering my career path and would like to thank you for the time and effort spent on them. Moreover, I would love to be entered into the Financial Edge giveaway (The Investment Banker course) as it would provide such resourceful information and hopefully land me my dream job! :-)

[@MrJayspeaks]

Good stuff!

[@OskieOmega]

I have a friend that works for a company owned or heavily invested by Apollo in telecom, it’s a new company , the company I work for was bought by a European private equity firm that buys companies or leverages high percentances of stakes

[@daanhendrickx7044]

Hey! I only recently started watching your videos as I have always been keen on consulting but I never knew Investment Banking entailed so much finance. I am a second year bachelor and will do an internship in consulting this summer, but as I have a keen passion for finance, I want to explore my interest in IB further. For that reason, the courses of FE would be the perfect start! If you don't mind you'll also see me popping up on your linkedin :)

[@abhipatil4844]

Very helpful

[@josehdz6154]

Thanks for the giveaway opportunity Ben! I recently accepted an offer as an IB Risk management analyst for this summer at J.P Morgan and I really want to be prepared for this internship. Im excited to learn the details of IB. This would help me get a head start and prepare me for this internship, I appreciate this opportunity, thanks!

[@astorial7608]

This is solid

[@juliuswendenburg4874]

Hello, my name is Julius, i‘m 15 years old, still going to school and very interested in Private Equity. As i‘m searching for things about this topic, this program seems greate! Julius

[@andre12153]

Hi Ben, I am a junior financial analyst in a hedge fund in Hong Kong, thanks for creating these videos and this platform. I learned many different perspectives about the business world from you. I just want to try my luck on this giveaway and would definitely finish the courses if I get a chance to obtain it lol. Keep up the hard work!

[@mimumulee]

thank you! i'm always confused about what all these companies are doing. I used to google everytime when I forget but I never fully understand. Now i'm very clear! how about asset management?

[@jackyjohn850]

Great video. I have realised that I learn more from watching videos than reading theory online. Yesterday I had an interview with BNY mellon and it did not go as planned. I do not want to give up and I believe that considering how young I am, I can reach pretty ahead if I commit further using the right tools, in this case the course from Financial edge. I do not have previous financial experience but I will do everything it takes to commit more and more into this sector. I would highly value the investment banker course and I believe that it would definitely come to great use for my next interview. Cheers and thank you for making these videos. We really appreciate your work.

[@ivankoshevchuk3970]

Hi Ben! I hope that Financial Edge IB course will help me to receive offer in IB.

[@aaariz]

Hey Ben, can you do a video on building a resume as a fresh graduate student and how you landed the job.

[@monkey220ms]

FYI mega fund private equity 1st year associate comp is ~$350-$400k nowadays (video quotes $150-$300k). And usually all cash/no carry, but some of the public MFs will pay in stock above a certain $ (e.g., KKR does this above ~$150k bonus I think).

[@junjiezhao5718]

Hi Ben ! I rarely comment on KZbin, but I wanted to congratulate you for the good videos and community you have created. I am currently a freshman at ESADE (Spain) and I really appreciate the insights you give about IB. If I get the opportunity to win a course from FE, I would give it to my younger brother who is in his senior year of high school and will probably come to study at ESADE. This last year he has been reading about finance and have managed my crypto portfolio, I feel moved to see him with a goal towards which to work and study and, without doubt, FE courses would mean a giant step in his knowledge and future devolopment. Greetings from Spain🙌

[@hollywoodshortscreen9958]

Hey dear, your videos really helpful and you are doing a great job. Can you please make a video on how to join investment bank without a finance degree