Getting results notice & funded

[HowardCohodas]

Quote from retaildaytrader:

If I gave you some of my $$$, then I would be banging on your door a lot more often then you think. I would not just sit there from day to day and trust you with it which means that you would have to put up with my phone calls, emails and in-person visits. During the in-person visits, I would question every detail of what you are doing. I would not just take your word for it, but inspect your paperwork and sheets closely. If at any point you started to ignore me or I felt you were not forthcoming, then I would request you give the money back (redemption). I would expect that you have a website where I can actively look at my account. In any event, my expectations would be high.

This is not my experience with people who are clients of hedge funds. I don't get the feeling that you know many people who are.

Don't take my experience for gospel. Just review the Bernard Madoff scandal. This will give you better insight into this type of clientele.

 

[hedgethis1]

You mean we get to behave like" House" and all our friends will be "Wilsons" ??

Quote from cooolweb:

rule #1 on how to make friends.

to make millionaire friends, u should be worth at least equivalent or more, the greater the better.

you = 25 million capital guy
your friends = 5 million capital people

u can be-friend that loser in about 3 seconds, and he'll wag around you all day.


you = 2 million capital guy
your friends = beer drinking 100k in the bank

they will hand over their 99k in 5 seconds after knowing how much u have.


===================
you = $50k capital guy
your non-existent friends = 100k in the bank

nobodys going to give you shit.

 

[4:35pm]

Results really have little to nothing to do with raising money.

Anyone who thinks they can raise money had strong to decent results so it's irrelevant.

Your strategy is what's important. How are your result obtained? Will the edge last ? Is it scalable?

Those are the correct questions to answer. Not "results"

 

[HowardCohodas]

Quote from 4:35pm:

Anyone who thinks they can raise money had strong to decent results so it's irrelevant.

Your strategy is what's important. How are your result obtained? Will the edge last ? Is it scalable?

Those are the correct questions to answer. Not "results"

Spot on!

 

[retaildaytrader]

Quote from HowardCohodas:

This is not my experience with people who are clients of hedge funds. I don't get the feeling that you know many people who are.

Don't take my experience for gospel. Just review the Bernard Madoff scandal. This will give you better insight into this type of clientele.

We are talking in the post-Madoff timeframe....Madoff was not the only bad guy of the fund managers. There were quite a few others and thousands of hard-luck investor stories.

You dont know me nor do you know who I know. I do know some people with millions of dollars...one person with over a hundred million. None of them would simply give away their money in the present time and just "trust" someone with it. Maybe you might have seen some folks in 2007 give away their money blindly trusting it with someone, but I dont see that as the experience today.

Me personally, I would certainly not trust anyone and especially some jackass who posts anywhere on the internet...Madoff will linger in the minds of many for many years or decades to come. Anytime you hear "hedge fund" then such names as Madoff will come up and I cant imagine it would be easy to deflect such concerns.

 

[Rodney King]

Quote from 4:35pm:

Your strategy is what's important. How are your result obtained? Will the edge last ? Is it scalable? Those are the correct questions to answer.

No one can answer "Will the edge last"? Edges fade away on the market's schedule, not your own.

 

[4:35pm]

Well madoff certainly made things tighter for capital raisers but the fact remains that money needs a home. There will always be those wealthy folks who like to risk a bit. Your job is to find them. But you best have something substantially more than "results" on your side.

Some more unsolicited advice. Forget about institutional money. It ain't gonna happen.

 

[HowardCohodas]

Quote from 4:35pm:

Well madoff certainly made things tighter for capital raisers but the fact remains that money needs a home. There will always be those wealthy folks who like to risk a bit. Your job is to find them. But you best have something substantially more than "results" on your side.

Some more unsolicited advice. Forget about institutional money. It ain't gonna happen.

Spot on again. Your on a roll.

 

[4:35pm]

Quote from HowardCohodas:

Spot on again. Your on a roll.

Thanks Howard. I'll place a bet that you are a hedge fund investor.

Most of the kids on this board mean well but are under 25 and living in fantasy.

 

[Rodney King]

Quote from 4:35pm:

There will always be those wealthy folks who like to risk a bit. Your job is to find them

His job is to keep on making profits, gradually raise his profile in the industry, develop a reputation as one of the best in his "sector", and when that "sector" comes into vogue among wealthy investors, they'll come aboard.