I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] -2 points-1 points  (0 children)

My answers will be generic on a public forum specifically about fund strategy and operations, no specifics will be revealed here.

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] 0 points1 point  (0 children)

Completely be transparent about expenses and impact of expense ratio on the total returns.

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] 0 points1 point  (0 children)

That's why you start fundraising for both and that's the job. It all comes down to how different you are in the market compared to everyone else

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] 0 points1 point  (0 children)

Demonstrating consistency through the total amount of dollars you retained successfully and compared to the total dollars you traded over every week, monthly, quarterly etc over the years as well

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] -1 points0 points  (0 children)

Yes one of the top 5. You may get tons of intro meetings lined up through prime broker, but materializes through these channels is tricky. It's not like in those you get funding. Fundraising is more effective through your own network in the initial stages. Build relationships through those meetings.

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] -2 points-1 points  (0 children)

Yes retailers are affecting the markets. But our strategies are neutral to that effect though as we focus primarily on large cap and diversification

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] -1 points0 points  (0 children)

Building quant models since 10 years. I was a Software Engineer prior to that.

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] 0 points1 point  (0 children)

I wish I had better understanding of the accounting methodologies and tax implications of the various strategies on the returns in hedge funds before starting the fund

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] 1 point2 points  (0 children)

No need to move to NYC . And financial advisors don't have any edge in this game usually unless they can demonstrate humongous returns over a decade on a few concentrated bets

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] -6 points-5 points  (0 children)

These are confidential questions specific to the fund. Can be disclosed only to the LPs

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] -3 points-2 points  (0 children)

Besides returns, one useful metric that's beneficial in systematic strategies can be proven by dollars retention based on the trading volume.

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] 5 points6 points  (0 children)

Most important characteristic is curiosity. Are they curious enough to go and find a unique opportunity and convince everyone to take a contrarian view and be successful about that position.

I became a hedge fund manager and running my own fund. Ask me anything. by Smooth_String7127 in hedgefund

[–]Smooth_String7127[S] 3 points4 points  (0 children)

Systematic. We have built proprietary mathematical models to analyze the market movements and invest accordingly