Read: fundamentals of hedge fund management by Daniel Strachman. He mentioned his site, hedgeanswers.com numerous times. I was hoping it would be a good resource. However, it is very buggy and the last forum question was in 2014. I tried to post the following. Oh well, definitely not giving up. Definitely A for effort:
"I'm 23, graduated from UCSD, was disowned by parents for not going to med school, and have been an entrepreneur all my life. Never had a job, although I've interned for 4 small companies and the school district. I've had brokerage accounts for 5 years, and trade for myself and friends. Made a 42% return last year. I wouldn't say I've figured it out, constantly trying to learn new techniques and trying strategies. However, I've gotten the general idea. Read fundamentals of hedge fund management, which is how I found the site. I'm willing to do whatever it takes to become a manager, that's my dream. I'm completely mobile as well. However, I only have 20K. I would like to launch a fund with 10M in assets under management by Jan 1, 2020. I'm honestly intimidated by this goal. From where I am it's hard to see it happening. Essentially need some seed investors I think, with some sort of arrangement which will allow for the legal fees to be paid. Perhaps it would be beneficial to work in the industry? Wouldn't know how to go about doing that either...seems like it would be extremely difficult to get into...but like I said I'm fairly determined. Pretty clueless, yes, I admit. Wish it wasn't the case, and grateful for any assistance. I have some powerful friends in San Diego where I'm located. I'm finalizing the plan and will be reaching out. Also, where in the US are the hedge funds concentrated?"
No comments:
Post a Comment