The Escalating Feud at Two Sigma

wsj.com

10 pointspondsider6 comments

"In a 2015 profile of Two Sigma, Forbes described Overdeck as the “master chef” at Two Sigma, and Siegel as the firm’s manager. Soon after, Overdeck brought a chef’s hat into a meeting with Siegel, said people familiar with the situation. Siegel was furious about the incident for days, the people said."

I am curious why wearing a chef's hat would be such an offensive thing to do.

Any thoughts?

It implies that Overdeck agrees with the characterization, which devalues Siegel's contributions.

But to follow the restaurant analogy, every restaurant has a 'chef' that manages the food (product) and a 'manager' that manages the business (front office). Both need to partner together and are critical to success, right?

It sounds like I'm missing some important context here.

Stepping back from the direct chef/restaurant analogy, I think it's easy to imagine how being characterized as a "manager" compared to a "master" might piss someone off.

OK, that makes sense, I think. Thanks for explaining!

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