I want to start a quantitative fund where decisions are made through data science and operations research methods. What I really want to know are about things that only the ones in the industry (or have been) would know - clients, legal requirements, managing personnel, etc...
I don't think I'm one of those clueless kids who have an unrealistic dream of creating the next DE Shaw or Two Sigma. My fund would likely be trying to go for 10~30% each year. I'll mostly likely be hiring various engineers, data science, and operations research professionals + business and banking types for client mgmt and various other functions.
But, what I am is a "kid"; Fresh out of college, on my first job quantitative enough to help me get into a top PhD program. Realistically, I'll be working in the HF industry for a couple years to see how the sausage is really made.
So what that means is that, it'll take 7-10 years before I actually start a fund.
I already developed a method for one of my strategies that seems to be working well and will test out with my own portfolio for the next few years.
Would love to learn about what I'm really getting into.