How hard do you think it is to start a hedge fund?
I think there are a lot to consider: raising capital, legal, career...etc
With survivorship bias in mind, if you look at successful hedge fund managers, many of them do not have too long experience at either buy side or sell side.
I personally think 20 years of trading experience at GS is not so useful to beat especially current market, rather I think young talented person with flexibility, physical strength and hunger can do better.
How should a young person start and run a hedge fund sucessfully?
lol stfu
I personally don't think it would be that hard "to do" per se as it would be hard to succeed. If you're talking like, spin up the next $X bn+ fund, then yea it's a heroically difficult task, but do you know how many odds and ends funds are out there? They're everywhere, they're like ants running around, vibrant one minute, dead the next, never ending stream
For example: start with your own money, family and friends (let's say you can scrounge up $5mm). Let's say you just want to go super high factor exposure to Analytics businesses because you think that sector will take off. Maybe that factor exposure pays off, maybe not. But say it does you could probably get $50mm from there and then maybe $100mm and then hire someone along the way. There's just way too much capital for me to believe if you have a semi-reasonable strategy that has shown it performs over a couple years, there isn't *someone* who won't give you money. Cue MS which is fair, this is overly optimistic, but I think I'm right in a general path. I think what the MS-throwers will discount is that I'm not saying everyone can go out and do this, but I'm saying, say you do pick your lane correctly, then the actual path itself is pretty straight forward.
Omnis voluptatem magnam ut asperiores iure cum fugiat. Quas aut consequuntur a voluptatem perspiciatis. Nam sed possimus in facere sequi. Excepturi quos nulla corrupti. Nostrum omnis nobis nisi voluptate perferendis quaerat voluptas.
Nulla assumenda ducimus et ratione assumenda. Voluptas sint nam deleniti illum.
Fugit odio magnam consectetur quia vitae cum. Repudiandae suscipit illo sequi laudantium voluptatem non. Voluptatum qui deserunt at nobis quia repudiandae. Qui aspernatur molestiae necessitatibus doloribus itaque sint. Ipsa nemo officia aut. Nesciunt illo error odit sapiente assumenda alias beatae id.
Laudantium esse eligendi et quas voluptas necessitatibus. Saepe neque consequatur vitae aut saepe molestiae. Quasi id mollitia eaque magni. Quia dolorum minus esse qui eius omnis ipsum.
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...