Melvin Capital and Archegos have openings for $1 Billion. You could probably get Victor Nederhoffer out of retirement.
This is precisely the question I am seeking to answer, except a portion of it. It's exceedingly hard these days to find talent to allocate to that truly have consistent positive expectancy and generate alpha. Just trying to find diamonds in the rough using creative methods to source talent. One can no longer give Citadel, Millennium, Verition, etc. etc. any money. The best Managers in the world are closed to outside capital now.
I'm not looking to learn how to trade through any paid mentor. I was a trader for one of the most successful Firms in history but that style of trading is long gone back in the 1990s. I want to be Julian Robertson and find the next Chase Coleman. Not an easy task.
Thank you, BMK. This guys knows what he's talking about in options. I have volatility arbitrage guys and US stocks are so picked over by the smartest robots in the world. I wish I could find someone like this who plays in a softer playing field like liquid but esoteric options like Cheddar Cheese or whatever. Maybe in Asia too there is more juice. It's hard to beat SIG and other players like that in US listed options but I'm going to read his threads fully. Thanks for the heads up on this guy
I want to be Julian Robertson and find the next Chase Coleman. Not an easy task.
padutrader is nicknamed Chase Coleman of Futures Trading. He had been voted best trader 3 years in a row.
padutrader does not trade futures, he trades FX pairs. Last I saw, anyways.
padutrader trades futures with his live account and he trades FX pairs in his demo account.
The absolute level of return is not relevant in isolation. It is the level of return for each true unit of risk that actually matters versus the probabilities of hitting those losses, etc. Not a simple or objective matrix. Lots of subjectivity. However, in isolation, if i knew i could make 8% with a 2% risk versus 20% with a 15% risk, of course, I would leverage my 8% return 2x and make 16% returns with 4% drawdowns/risks. The problem and job is to figure all of this out because there is a lot of subjectivity to it even if someone has a 10 year track record. That is why the edge of the strategy is much more important than the numbers. Also, this presumes one is accounting for the risk of ruin as well in the calculus such as in the case of option selling which may appear to be amazing but has that risk of ruin in it that kills the whole thing.