Tuesday, May 18, 2010
Top 3 traders under 30!
Before the financial crisis, young Wall Street hot shots used to clamor to get named in Trader Monthly’s “Top Traders Under 30.” Trader Monthly has been relegated to the dustbin of failed financial publications, but Wall Street Cheat Sheet decided to spend the last 8 months finding the top 3 traders under 30 and anoint them the new BSDs of finance. Their raw talent is compared to that of pro ball players Kobe Bryant, Dwight Howard and LeBron James(dealbreaker.com).
Here they are:
#3 Jan Sramek, Goldman Sachs. Age: 23 Sramek makes his fortune as a trader on the Emerging market s desk at Goldman’s London Office. At the tender age of 23, he’s already published the book Racing Towards Excellence, founded and sold a social media website and has the ear of most of London’s major hedge fund managers.
#2 Gilbert Mendez, SMB Capital. Age: 28 After studying mechanical engineering at Columbia University, Gilbert built a black-box trading model for the global Forex currency market. He then sold it before becoming the “head trader” at SMB and now its youngest partner. He presently focuses on trading equities.
#1 Adam Guren, First New York Securities. Age: 28 This Duke graduate and former professional soccer player gets little sleep trading markets all over the world, at all hours of the day. He cut his teeth trading Chinese equities but now looks to profit on any market volatility around the globe. He starts his process by logging on premarket. Then he spends approximately an hour, sometimes thirty minutes, seeing if there’s news out in the basket of stocks he follows. This is how he figures out if there’s any opportunities because he looks for newsworthy events that are going to move his stocks, according to the Wall Street Cheat Sheet(dealbreaker.com).