Starting a hedge fund

How hard do you think about starting 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?

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