How to run a fund from home/apartment.
The topic of starting a fund up has been discussed many times on this site before and I have taken some great information from the discussions. After a lot of consideration I have a growing desire to take the leap and create my own start up through an incubation process and then taking the fund to the next level once I establish a track record. Maybe I am just dreaming but my strategy thus far over the past few years has been extremely consistent and I have remained very disciplined.
It is a year or two out, but I am curious as to what the use for office space is? I can do just about everything from my home computer as far as research and trading goes. Why do I need office space right away?
You don't need office space right away or ever. The hedge fund I am interning at is a family office type fund with around 250 aum that is literally managed out of a tiny apartment/house type thing in the midwest by one guy.
Nobody needs an office. Only reason we have one according to my boss is to have an easy place for everyone to meet and talk...and printing. If you're small there's really no need for space.
That Jew fro destroyed any credibility he ever would have had
hey you are not just dreaming sanford weiss did the same thing before becoming the ceo of citi group. I would like to encourage you and also ask you what are your credentials ie experience schooling lisencing etc.
Just want to say good luck! This is really exciting stuff. And to answer your question, I don't think you actually need an office early on; however, later it will be valuable for a few reasons: (1) as you increase employee count, you'll need a place to meet and work together, (2) to attract talent (the kind of talent you want), you'll need to look legitimate, and (3) to attract investors, you'll need to look legitimate and you don't want them to see the Apt. # or P.O. Box address you would list without an office.
Hey I just read the wikipedia on Sykes and he is like a financial intelligent Drake. His major in college was philosophy but yet he is making buku bucks in the market. This is the type of stuff that makes it hard for me to get up in the morning and listen to the insane rants and raves of professors with memorizing formulas that I could figure out with 12k of bar mitzvah money and a few years of trial and error. That being said if you get 12k in bar mitzvah money your family and their friends are at least comfortable upper middle class where as Im on financial aid poor and black. But I still make my small coinage swing trading however what the hell 12k of teenage birthday money and now he's rich . Note to self dont hate the player hate the game. All that said he looks like the average young male maybe he drinks vitamin water goes clubbing with 5o cent and eminem gets various lap dances from snooty girls and thats that Hell yea Im jealous
Voluptatum veniam ipsum architecto enim quasi. Odio reprehenderit rem quaerat ab.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...