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Results YTD have continued to be very strong: currently +58% and 318k. New developments lead me to conclude that I want to move down the path of managing OPM this year, versus prior expectations of doing so several years down the line. I would like to start researching issues of structure...

Also, companies are not looking to sell their under priced shares to investors looking to flip their shares for a quick profit. They are looking for long term investors. You can flip these shares but if you do you may be damaging your relationship with your broker.

IPO allocations seem to be one of the more misunderstood subjects among retail investors. Getting an allocation in a hot IPO is basically free money. Even the average IPO is priced to go up around 10 to 15% when it starts trading, while a hot IPO is guaranteed have a nice pop. Its not...

-------------------------------------------------------------------------------- Quote from macintash: You got it wrong. Sharpe might not be very imprtont measure at all, peak to valley based on "daily" returns is very important. Based on your monthly peak to valley I would GUESS that your...

I was not aware of this publication but I am very interested after reading some sample articles. But at 1k a year, I'll have to add it to the list of things to get if I make it big. Would this article and other articles from this publication be available on the Bloomberg terminal?

You mean a daily swing of 20 to 25% of my account value? How is this good?

Since I was responding to someone who extrapolated my historical returns over a period of several years, why should I not do the same with my own set of assumptions? Predictions mean nothing, and I've said as much myself. My returns could easily be zero or negative over the next several years...

I'm not giving you a peak to trough draw down. As I said in my original post, I'm giving you my max DD based on returns calculated on a monthly basis. Also, the down 2% was my worst day. Yes the 2% daily loss is high relative to the max monthly DD if this is what you're trying to get at. If...

My biggest positions so far this year on the long term l/s side of my portfoilo are long Z TFM FRAN TRIP TTWO ZIP, and short P (recently covered), WTW, AMZN, AWAY. Have about 30 total positions in the long term portfoilo right now. These do not include the more opportunistic trades I've...

I am not familiar with these various structures. It seems like the CTA structure only pertains to if you are trading commodities? I suppose there is a similar structure for an equity manager like myself whereby I can invest the client's funds without taking possession of the client's money...

I am aggressively targeting a scenario where I can compound closer to a 100% for the next few years, but you never know with this game - the actual returns could be zero or negative. Also my living expenses are about 50k a year right now or a bit higher. Almost all my gains are short term and...

As I've said before, if i raise a few mil, it would not be for the fees, it would be to help get my name out there. Also I don't see what a prop firm will offer me when I already get 7x leverage through IB, which ammounts to several million already on my capital of 0.73mm. I have no need for...

Max daily DD during this period has been around 2%

Thanks for the replies. Based on some credible comments and messages I've received, I am incrementally less hopeful of being able to raise any institutional money in the near term. I suppose I may get lucky and find some one to invest a few mil with me despite the fact that I lack any...

I find you particularly annoying. Your posts display a high level of arrogance and ignorance at the same time. I will acknolwedge that such a combination can be entertaining to watch. If you make it worth my time I can prove to you that these results are real. We can say, bet 5k on whether...

I started managing my own capital in late 2009 with about 180k in capital. Results in 2010 have been very good, but as I've said before, not useful for building a track record since they were done under a family account.

Naturally I expect some degree of skpeticism surrounding my results. My hope in starting this thread was to gain some real insight in the feasibility of raising capital in a few years, rather than to prove how I have achieved my results or to brag about how great they are. I have achieved my...

Thanks for the comment. I have no intention of going through the process right now. I don't believe my track record is long enough, and I am still very busy with research and initiating coverage on various names this year. I'm more curious to know whether or not I can expect to be able to...

Why general impression is this: why utilize any professional services right now when I have no intent of raising money right now? If I can just get my results audited in the future if I intend to raise money then, why go through a process right now that will cost me time and money?

Like many a young analyst or trader, it has long been a dream of mine to run a successful hedge fund. I would like to get some advice on the process. There seems to be some posters here who are credible, and best of all, advice here is free. Thanks in advance for any insights you have to offer...