$335,000 for entry-level hedge fund analyst

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Quote from blakpacman:

A recent episode of bar rescue showed a bar owner on Bourbon Street losing money and in debt for $500,000. http://www.spike.com/episodes/5wr800/bar-rescue-turtle-on-its-back-season-3-ep-301
Your expectations for opening and running a successful business is too high.
No wonder most small business owners fail.

This was in 1990s, SBA had a statistics of 50% of new small businesses ending up failing.

Buying an already successful business? It works better if you know how to add value, revenue and cash flow to it in the future.

 

[franz-k]

Quote from toc:

This was in 1990s, SBA had a statistics of 50% of new small businesses ending up failing.

Buying an already successful business? It works better if you know how to add value, revenue and cash flow to it in the future.

Doing anything? It works better if you know how to add value, revenue and cash flow to it in the future.

 

[Nighthawk]

Quote from Maverick74:

I'll cut my right nut off if one guy on this thread can produce sheets showing he is making 2 handles a day net for a period of one year trading ES. Shit I'll cut one off if one guy on this thread is even profitable. Shit, I'll cut both nuts off if anyone on this thread even trades for a living. OK, scratch that last one, I need at least one nut. But you get the point. The fantasy level on this website is at record highs. Must be Baron's new layout that has guys dreaming.

I making 0.5 handles every day and I am "VERY HAPPY"

My profit/loss ratio is 85% over the last 3 years - not bad for an old fart...

 

[cactus_trader]

people fall in love with NYC so much. its a fantasy land worse than living in LA.

 

[billyjoerob]

Quote from newwurldmn:

Many of the institutional guys here have an edge: customer information, balance sheet funding, etc.

But I would posit to say the ONLY edge a retail investor has is that they might come across some kind of information in their personal lives or their day job: their neighbor tells them that their company won a big contract from Caterpiller that would signal an uptick in machinery sales. It's not inside information but it's not public either.

Small investors have huge advantages. first, they can buy and sell in a few seconds and without moving the markets, especially smaller stocks or less liquid situations. Big funds can't do that. Second, they have no institutional imperatives to be fully invested or show consistent results. Look at all the big investors who rode the market down during the crisis. Third, they don't have to worry about style drift or having money pulled. They can invest in anything. Fourth, there is no requirement to be diversified. Small investors can go all in. No big fund with OPM can do that. Fifth, there is no informational advantage. There is enough publicly available information that a small investor can know 10x more about a small situation than can a big fund with 50-100 positions.