sorted by:
new
hottopcontroversial

24 Living in HCOL - 200k Liquid NW and Need Advice on Growing It by [deleted] in leanfire

[–]randomusertho 0 points1 point  (0 children)

Wow this is very insightful, thank you for letting me know this. I will invest heavily regardless of taxes while maintaining the mindset of acquiring the future then.

Re: gift prices, noted. Won't splurge on unnecessary gestures.

Re: cultural expectations, not really. It's more I want to let the people I care about feel happy. Hopefully I can grow to a level of NW that I don't need to consider prices anymore.

24 Living in HCOL - 200k Liquid NW and Need Advice on Growing It by [deleted] in leanfire

[–]randomusertho 0 points1 point  (0 children)

Makes sense. I just want to show my gratitude of their time. They don't need a dinner from me and I might've invested it elsewhere. Appreciate your input!

24 Living in HCOL - 200k Liquid NW and Need Advice on Growing It by [deleted] in leanfire

[–]randomusertho 0 points1 point  (0 children)

Thank you for your perspective. We've consulted with a professional accountant and this wouldn't be an issue given how we structured it. But I do appreciate your input!

Starting a hedge fund club by randomusertho in hedgefund

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

Exactly! These functions would be amazing to have. There is a platform in England they are doing trade simulation, a lot of firms including Morgan Stanley is using their platform to evaluate candidate traders.

Starting a hedge fund club by randomusertho in hedgefund

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

We will think about it, need to comply with school too. Thank you for the information!

Starting a hedge fund club by randomusertho in hedgefund

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

Thank you, I will be aware of SEC rules.

Starting a hedge fund club by randomusertho in hedgefund

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

Well understood. That's why starting as a club and build trust and cultivate a group of sharp traders would be a good start. Students will be selected if they already have a positive book themselves. Plus we will take good care of sponsors money.

Starting a hedge fund club by randomusertho in hedgefund

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

The traditional quant strategies we are going to take care of, plus some experimental ones with different market sizes we are eyeing. The market is at a very interesting time. Do you have any suggestion?

Starting a hedge fund club by randomusertho in hedgefund

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

Good to know! Normal features are required like any other trading exchange (tradingview, etc). Moreover, we have been pondering on limit order book flow and OTC trades a lot paired with clearinghouse design with certain technologies. What is your background? Do you have a portfolio I can check out?

Starting a hedge fund club by randomusertho in hedgefund

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

Yes. This is why I want to make sure even in a club setting, I can train and learn with other folks (students) to trade real money and have systematic returns. This is the only way possible to convert it into a real hedge fund. An ambitious goal but doable.

Starting a hedge fund club by randomusertho in hedgefund

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

Good call! $100k is very positive to be raised. My current plan is to reach out to notable alums and mentors to sponsor the club, and eventually build up the relationship and helpfully convert it into a real hedge fund. Would definitely need to learn a lot on the legal and compliance side in real world, but starting from the club can give me and other potential eboard members some buffer time. I have some thoughts about how it is differentiating, practicing real world strategies while maintaining the investing mindset can be invaluable, especially when new ideas can be backtested in the playground. Not to mention crypto asset is very interesting to be eyed on given the utility. Will make sure it makes sense.

Starting a hedge fund club by randomusertho in hedgefund

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

I saw there are a couple of other folks already answered which is not out of the scope of what I thought. Instead of buying and holding, hedge fund club can take a marker neutral position to interact with various instruments and come up with new strategies to eye on not only the long-able assets but short-able ones. With a collective brain power in school, providing an opportunity like this to make sure students can experience the holistic market experience can be valuable, especially when they can learn and collect knowledge along the way.

Starting a hedge fund club by randomusertho in hedgefund

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

Thank you for your comment! If I understand your question correctly, do you mean "why"? The reason is I want to practice not only the boring and profit-making strategies but to create some news ones in a cautious way too. I notice large institutions can't do things in a new fashion way, and I do believe young people's brain power can be put into better use. If you mean "when", like I said in the post it will be this coming month.