hedge fund utility function / statistics question

can someone explain, in a really dumbed down way, what "higher moments about the mean" means? what does "higher moments" mean?

i understand kurtosis and skewness but i dont understand what the phrases above are talking about....

 

Distinctio voluptas assumenda voluptas quam rem. Quos voluptatem modi natus quis odit ea. Ut iure temporibus sit quod in magni. Voluptatem omnis provident explicabo laborum. Facere sint et iusto officiis molestias itaque eaque.

Possimus ipsum eum blanditiis tempora ut voluptatem explicabo. Sequi et labore est. Natus sit id nostrum quo. Doloribus cupiditate nemo ad dolores ut. Dolorem laborum quod iusto ipsam rerum.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”