Derek Capo
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so I think the first year was a few thousand dollars.
And of course, every year just kind of got better and better.
Okay.
That's about right.
And I think the problem, the thing was, there's two factors.
And I think people...
Don't realize, I came in at the very beginning in the sense of 21 years old.
Not many people at 21 years old get started in hedge funds.
Everybody that was my coworker were basically people from Stanford, Columbia, Harvard, you know, you can, you name it.
They got paid $170,000 a year, and then they were paid the bonuses, and the bonuses could have been a certain percentage of their salary or a multiple of their salary.
It could be two times.
It could be three times, depending on how much money they made for the funds.
Oh, they were older.
They were significantly older.
They were all in their 30s.
They were maybe early 30s to 40s.
And so I was a young kid, 21 years old, just basically doing kind of the same work they were doing and then just picking their brain all the time.
And there's several reasons why they pay me so low.
I didn't go to a great university.
I went to Florida International University, basically a local university.