Feeling lost about next steps after success starting my own fund
Context:
For the past 4 years, I have run a bootstrapped quant fund with good success. I basically used savings from working in IB to trade with, found inefficiencies, and I worked with a computer scientist to put my ideas in code.
For example, I noticed certain inefficiencies around how stocks react to macro events. It's way more complicated, but basically think "Fed Rate unexpectedly raised = stocks down" and then finding the stocks which react the slowest. Then extrapolating that sort of event-based trading to a ton of events, tracking data on all of them, and allocating capital to whatever events have recently been most actionable. We have turned 10k into low single millions doing this.
However, the alpha in this has now been competed away to the point that I'd much rather begin a formal and traditional career path again (fortunately with some good savings). I believe that as alpha decays, long term comp will be much lower than developing as a traditional investor, and it's furthermore learning how to be a good stock-picker just an intellectually interesting skill I'd like.
I am primarily interested in HF roles focused on US equities... but I have such a non-traditional and "weird" background that I have a few questions.
Questions:
1) I don't really know where logically makes sense to go next: Event driven? Global Macro? MBA -> reposition?
2) I don't code (much) myself so my contribution is basically the second level thinking of "ok, Oil stocks are hot, let's see how EIA data release impact companies -> ETFs -> foreign oil stocks" and deciding what % to allocate. Then extrapolate that over tons of events, make sure things go smoothly, manually exit trades (as we've found this is superior since every situation is different). As I'm not sure I have any "classic analyst skills" to point to—how do I market myself?
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