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Toad Capital Profile
Toad Capital

@rich_toad

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🏆 Equity research career advisor |👨‍💼 Founder, Richard Toad |🐐 Stories of investors & founders https://t.co/4UHum6OABr

Jobs, hedge fund primers 👉
Joined January 2022
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@rich_toad
Toad Capital
8 months
Struggling to ramp up on new sectors? 🔍 Here’s how top investors build conviction fast—by reading the right things. A thread on how my investing & sector reading list helps you speed up sector mastery and build your own stock-picking process 🧵👇
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@rich_toad
Toad Capital
6 hours
Find more career tips and insights on equity investing on my blog—link in profile
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@rich_toad
Toad Capital
6 hours
Firms like hiring people who’ve proven they can handle the grind. That endurance signals to employers that you’ve been battle-tested, making them desired candidates for any jobs that come after IB, which is another area where bankers have a better brand perception.
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@rich_toad
Toad Capital
6 hours
Even though most exit options—like buy-side roles or corporate finance jobs—don’t require banking hours, there’s no denying that the pressure-cooker environment of banking builds a certain reputation.
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@rich_toad
Toad Capital
6 hours
On average, ER offers a relatively better work-life balance. While ER associates work hard—especially during earnings season—it’s not as bad as the grind of banking.
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@rich_toad
Toad Capital
6 hours
The IB workload is rough, with late nights, weekend work, and constant fire drills.
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@rich_toad
Toad Capital
6 hours
IB'ers move to hedge funds & C-suites. ER associates stall. Same skills—why? #7: Everyone thinks an overworked banker is a better candidate
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@rich_toad
Toad Capital
7 hours
Uh ... someone go check on Calendly Google just launched this?
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@rich_toad
Toad Capital
9 hours
New research jobs today. 🍔 U.S. Sell-side Equity (1 role): Software (II #3) 2026 Internship (1 role): BS ER - 2026 Public Credit (1 role): Buy-side - HY, IG PubCo IR (6 roles): Financials - Director, Consumer - Director, Industrials - Director, Healthcare - Sr. Analyst,
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@rich_toad
Toad Capital
9 hours
The result? Endless hours wasted chasing noise. Critical roles slip by at firms you weren’t even tracking. Meanwhile, your peers in the know leap ahead. Your résumé gathers dust. Stress piles up. We cut through the noise—curating hard-to-find roles in public equity (buy-side and
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@rich_toad
Toad Capital
9 hours
Equity research jobs are out there—but good luck finding them. Every firm hides behind different job titles. LinkedIn buries you in irrelevant alerts. To stay on top of everything, you’d need alerts across hundreds of career sites, checked daily. And still, postings appear in
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@rich_toad
Toad Capital
16 hours
Learn about top investors + equity research career tips, in my blog (profile link)
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@rich_toad
Toad Capital
16 hours
Despite remaining a fugitive, Rich received a controversial presidential pardon from Bill Clinton in 2001, mere hours before the end of Clinton’s term. Rich died in Switzerland in 2013 following a stroke.
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@rich_toad
Toad Capital
16 hours
In 1983, Rich was indicted on 65 counts, including trading with Iran during the hostage crisis and massive tax evasion. He fled to Switzerland, evading capture while continuing to operate internationally. A decade later, following a failed attempt to dominate the zinc market,
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@rich_toad
Toad Capital
16 hours
Rich cultivated controversial yet highly lucrative relationships with regimes under sanctions and embargoes, facilitating oil and commodity trades with nations such as Libya, Angola, Cuba, and Iran. His dealings during the Iranian Revolution—buying oil directly from Ayatollah
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@rich_toad
Toad Capital
16 hours
His revolutionary model used aggressive bank financing to move oil and metals rapidly across global markets, enabling trades without the need for heavy asset ownership. This leveraged approach laid the foundation for future global commodity giants like Vitol, Trafigura, and
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@rich_toad
Toad Capital
16 hours
In 1974, Rich partnered with fellow trader Pincus Green to establish Marc Rich + Co. AG in Switzerland. The firm pioneered the spot market for crude oil, breaking the dominance of long-term contracts historically controlled by major oil companies.
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@rich_toad
Toad Capital
16 hours
After dropping out of New York University, Rich began his career at Philipp Brothers in 1954. There, he quickly distinguished himself in the metals trading division, operating across Latin America and Europe, and developing early expertise in trading with politically volatile or
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@rich_toad
Toad Capital
16 hours
Marc Rich (1934-2013, b. Antwerp, Belgium) was the founder of Marc Rich + Co. AG, which would later evolve into Glencore, one of the world’s largest commodities trading firms.
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@rich_toad
Toad Capital
16 hours
He built the commodity trade as we know it—then sold oil to Israel, dined with dictators, vanished from the FBI, and was pardoned by Clinton.
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