Search results

  1. P

    Funding a hedge fund...

    Babak, I appreciate your concern. I really have a lot to learn. I am going to buy a few books and really read up on the types of things I need to know. I have just reached the conclusion that I can't trade myself rich no matter how hard I try. I seem to constantly tread water. The combined...
  2. P

    Funding a hedge fund...

    For the 2000 and 2001, they are total and include all returns I have made. I only split up my account in sept of 2001 I believe. For 2002 it is more confusing. When I say I'm up 150% for this year, I am only talking about my much smaller trading account. It is kind of hard to calculate because...
  3. P

    Funding a hedge fund...

    Is that book about a hedge fund? I've never read it.
  4. P

    Funding a hedge fund...

    Problem is that I need more funding to make it worth my while. I only have a few hundred k's that I can contribute. It won't look impressive. My cyber account is much cheaper to use now than a hedge fund and I can get my results audited if necessary. I would want more money to prove to people...
  5. P

    Funding a hedge fund...

    Thankyou for your posts. I am confident, but at the same time I really have no idea what I'm getting myself into. I definately would appreciate any insight from anyone who is an expert on the subject. If I can get the funding set up, I may take you up on your offer. My main concern right now is...
  6. P

    Funding a hedge fund...

    Gene, I wouldn't do it unless I could get at least 5-10m. Hopefully 10-15m. I am positive that my performance wouldn't suffer too much. It would probably regress to annual gains of somewhere around 50-100% from the current gains of 200%+. I don't think more capital would be an issue. I really...
  7. P

    Funding a hedge fund...

    I have a quick question about hedge funds. If someone asks me "what percentage of the management company's equity are you willing to share with the seed investor (assuming you receive the maximum amount of capital sought and the most favorable terms)? What does this mean. Does this mean...
  8. P

    Funding a hedge fund...

    It's no secret that I can't find a single positive thing that pitt ever did for anyone not named goldman or salomon, but I can't really find the passage that is pertinant to them taking away or changing the fee structure of hedge funds.
  9. P

    Funding a hedge fund...

    Thankyou.
  10. P

    Funding a hedge fund...

    Metoxx, I'm just afraid that if they look at past performance (which is no indication of future returns) that they'll assume that we can make them 300% a year. We can probably do that on a few hundred thousand, maybe even on up to a few million, but on an account larger than that, we'd hope to...
  11. P

    Funding a hedge fund...

    I seriously doubt that established traders would want to invest with me when they could do it themselves. Something tells me that regardless of returns, traders prefer to trade their own funds for both the pleasure of it and the idea of making their own money. I left my email though if someone...
  12. P

    Off shore trading

    Soros isn't an american citizen though.... Thanx for the info so far. It's very good.
  13. P

    Funding a hedge fund...

    Thanx liltradr and marketsurfer, Marketsurfer, I would like to speak to you on tuesday in the room when you get a free moment. I'm curious as to how you accumulated the money in your fund. I intended to ask you on friday, but you weren't in after the first bit of action. I would only want to...
  14. P

    Funding a hedge fund...

    Def, I would tell people that I shoot for just 50% a year. Let them be "surprised" when i do better. I know that 100% would scare people, but that's just b/c people who can't make money have convinced them that it's too hard to achieve. What I'm basically asking is that I know that there are...
  15. P

    How to start a hedge fund...

    I asked this question on how to start a hedge fund a few months ago, It was a very good thread with lots of insight, but I can't find the thread. It's either missing, or I can't find it. Can anyone post the link to the thread? Otherwise, we might as well start a new one if it's disappeared.
  16. P

    Funding a hedge fund...

    I earned 140% in 2000, 218.5% in 2001, I'm up about 150% so far this year after just under 5 months. I really think that 50-100% is much more maintainable. Big returns on large account bases is probably too hard to acheive. I wouldn't go prop just b/c I would want to hold all my positions...
  17. P

    Funding a hedge fund...

    I am thinking of starting a hedge fund finally. It has gotten to the point that even though I am supremely confident that I can return 300-400% annually, I would much prefer the peace of mind of returning somewhere around 50-100% annually and not going crazy. (I don't intend to debate the...
  18. P

    Off shore trading

    Wirelessbull: Thanx a lot for those links. I just have a lot of trouble understanding all the legal code stuff. So to live overseas, you must be present for 330 days of the year. What is required besides going to the curcuit court of florida to establish residency there? I couldn't make much...
  19. P

    Off shore trading

    I have 2 questions, If I want to get the benefits of fla/nv residence or whatever state is taxfree, what are the minimum requirements that I need to appear as though I live in that state. Is renting an apartment, voting in an election and switching my drivers lisence enough? What else would I...
  20. P

    any WCOM traders?

    That was my way of saying that I'm all out. Good luck dude. I made like 5k more. So almost 10k in gains from this stupid stock seems fine with me, but I really was hoping for a benz. ohh well.
Back
Top