How to start a Hedge fund?

Dying. Lmfao! Is that sarcastic like recession2016?

The hedge fund business is the best business in the world. Nothing comes close.

 

What exactly makes it the best business in the world?

 

Yes

I learned a long time ago that pari passu is the only way to roll in this game.

The days of one profiting and the partners not -- are long over.

surf

 

1. Everyone has a good track record. A good track record is meaningless.

What is critical is that your strategy is unique and that it is expected to perform in the future! Heck, even the most unsophisticated investor knows the past is irrelevant to the future. Its standard language in every disclaimer.

Real hedge fund investors really dont care about past performance as much as strategy, fund ecosystem. Only complete nooobs put past performance first.

2. ? You can hire this if needed-- As a manager u are not dealing with the public. Only private sophisticated capital. It is a Private partnership.

3-- nice to have but not needed.

surf

 

Yeah, when you lack performance you have to dance fast.

 

say what you want you. he knows how to win by losing.
http://pagesix.com/2016/12/22/billi...ivorce/?_ga=1.105674243.1852265985.1481154896

 

"OMG."

I had to see it to believe it.
(And now I've seen it.)

Wow. I can't even muster a reply to the guy.

Color me .....

 

The sentiment regarding them seems bad currently, unless your in the top tier with consistent results, assets dwindle. Endowments have a hard time justifying substandard returns for huge fees.

 

You need talent, first, as a trader. -- Prove this to yourself first. Alot of people won't pass this.

If you will just become another ho-hum, average/failed hedge fund...then don't bother.
People can just park their money in the S&P 500, SPY. -- I think I read somewhere that more than 95% of hedge funds can't beat this index measure.

Basically all the hedge fund founders are/were excellent traders for years at the investment banks that they worked at.
This is the natural progression of things.

To start it, you need to be somewhat of a rich/successful man...with the bulk of the fund with your money. -- that's how you will convince or sell others to join in with you.