Congrats to Schindler!

It's all about marketing. Knowing quantum physics will not help you get these clients !! Unless of course your making 100%+ with minimal drawdowns.

Then your golden.
 
Quote from Aaron:

I'm hoping to get some positive exposure from an upcoming article in Futures Magazine. Wednesday I'm giving an interview for their backpage Profile column.

Nice, I always enjoyed reading those backpage bios. I am sure you'll see a large influx of new capital once you see a few more years of smooth equity curves.
 
Quote from riskarb:

Nice, I always enjoyed reading those backpage bios. I am sure you'll see a large influx of new capital once you see a few more years of smooth equity curves.

Thanks, Riskarb!

I'm guessing it helps if they slope upward? :p

Schindler Trading's AUM is up 30% in '06. So we're growing. Not huge, but the slope is positive.
 
Quote from Wayne Gibbous:


And FWIW, I luv it when some other supposed fund managers come on here and explain how great they are, but they are not allowed to give performance info...
Yes, I know hedge funds do not give out performance numbers, but I doubt it is some government regs.

I suspect the partners just want to keep things private. The whole qualified investor test is just so much legal clap-trap.

How can stating a fact, like "my fund is up X% this year..." followed by disclaimers like Aaron's "PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. FUTURES TRADING IS SPECULATIVE AND INVOLVES A HIGH DEGREE OF RISK." and "we only take investors with a certain net worth that understand these high risks...", etc, etc. be construed as soliciting unqual people?

With enough disclaimers, you can get away with ANYTHING!!! :p

I know, I know...I'm not a lawyer and you can throw an ocean liner thru the holes in my post. You can get the performance info from pay services. Still, sometimes it seems very convenient for some to say "I can't give out my numbers.!" :D

Good trading to all. I'll go back to my hole now... :cool:
 
Accreds a fakin' ... goodness sakin'
They want a GP who brings home the bacon
Got no AUM and got bad ROR
Then you got no HNWIs and there you are

http://www.youtube.com/watch?v=ESLIjZqli7c

Quote from LivermoresGhost:

The performance numbers and AUM tell me that it's not worth running a hedge fund unless you get a pile of money and are willing to make big macro bets. With $3 million, you're getting a poverty-level management fee and the headache of many small clients with outrageous legal and accounting fees. I admire Schindler's perseverance, but running a fund this small for so long doesn't seem practical if you want to make some real money.
 
When it comes to investing in hedge funds, due dilegence is important and shindler trading ticks a number of boxes that other funds don't.

He learned his craft under monroe trout - a true zen master of the game.

His systems survived september 11

His systems have continued to make equity highs after major draw downs - sometimes very quickly.

he has halfed his leverage and continues to make excellent returns.

And as for funds under management, less than 10m is a benefit. It means Shindler can employ strategies billion dollar funds can't. As funds under management increase, total returns will decrease.
So I would place my money in a smaller fund over a larger one any day of the week.

Runningbear
 
Quote from LivermoresGhost:

The performance numbers and AUM tell me that it's not worth running a hedge fund unless you get a pile of money and are willing to make big macro bets. With $3 million, you're getting a poverty-level management fee and the headache of many small clients with outrageous legal and accounting fees. I admire Schindler's perseverance, but running a fund this small for so long doesn't seem practical if you want to make some real money.

I'd have a very similar feeling about HF in general, if managers have to trade only AUM exclusively.

A question is whether managers are allowed "Officially" to trade other accounts of their own/ relatives?
 
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