How to Start a Hedge Fund
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How to Start a Hedge Fund
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Re: How to Start a Hedge Fund
#2it's funny that the reward of starting a hedge fund is 'marry that yoga instructor'.
1. seems like a pretty indirect strategy for getting what you want.
2. quite an insult to the yoga teachers.
Re: How to Start a Hedge Fund
#3it's funny that the reward of starting a hedge fund is 'marry that yoga instructor'. 1. seems like a pretty indirect strategy for getting what you want. 2. quite an insult to the yoga teachers.
It's an insult that respected, powerful men want to risk half their net worth to marry someone? Take a look at the NYT wedding announcements some time, and note the facial expressions of everyone who is insulted in such a manner.
Re: How to Start a Hedge Fund
#4It's a mostly useless list. The main problems are just like with startups - finding the right people, getting your product right and fundraising.
Amongst the questions not answered at all:
- How do you find good co-founders if you're not amongst the analyst legions at GS, MS or some other bank?
- How do you set your fund up, legally, technically, strategically, and foremost financially? Who funds you if every institutional investors wants either a prior track record or a list of credentials (partner/MD at mega-bank etc.)?
- How much money gets spent immediately on Bloomberg terminals, other database subscriptions etc?
- And: How do you make money? How do you go about executing an idea?
Re: How to Start a Hedge Fund
#5What you actually need to start a hedge fund:
- A long & phenomenal track record of making a LOT of money trading for big name firms, ideally in a new or "hot" market - Have clout and a great reputation in the city or on wallstreet, pref both - Have lots of "ins" with big fund and asset managers who can connect you to people who have a $100m to invest.
Re: How to Start a Hedge Fund
#6It's a mostly useless list. The main problems are just like with startups - finding the right people, getting your product right and fundraising. Amongst the questions not answered at all: - How do you find good co-founders if you're not amongst the analyst legions at GS, MS or some other bank? - How do you set your fund up, legally, technically, strategically, and foremost financially? Who funds you if every institu…
I don't think it is being entirely serious....
Re: How to Start a Hedge Fund
#7it's funny that the reward of starting a hedge fund is 'marry that yoga instructor'. 1. seems like a pretty indirect strategy for getting what you want. 2. quite an insult to the yoga teachers.
It's an insult that respected, powerful men want to risk half their net worth to marry someone? Take a look at the NYT wedding announcements some time, and note the facial expressions of everyone who is insulted in such a manner.
The insult may be in that it implies the person to be married is being swayed purely by money basically.
Re: How to Start a Hedge Fund
#8It's a mostly useless list. The main problems are just like with startups - finding the right people, getting your product right and fundraising. Amongst the questions not answered at all: - How do you find good co-founders if you're not amongst the analyst legions at GS, MS or some other bank? - How do you set your fund up, legally, technically, strategically, and foremost financially? Who funds you if every institu…
This is what happens when people make sarcasm the default voice when trying to make a point.
Re: How to Start a Hedge Fund
#9If this author was to write a similar article on, say, "How to play the flute" it would probably read:
- Buy a flute
- Blow into one end
- Press the various buttons and levers
- Make sure you perform at least once at Carnegie Hall
Re: How to Start a Hedge Fund
#10If this author was to write a similar article on, say, "How to play the flute" it would probably read: - Buy a flute - Blow into one end - Press the various buttons and levers - Make sure you perform at least once at Carnegie Hall
Did you miss the point that this is more a satirical commentary about hedge funds (with some genuine information for the curious thrown in) rather than a serious how-to guide?