Robert Morse
Sponsor
It is important to understand that a hedge fund is not just about trading. It is running a business that not only needs a good product, but also needs to understand their target market and how to market to them. Most think it is about just being a good trader in their personal account. You are lucky if you get to $1mm AUM with that when most need in excess of $10mm to start building that business. I’ve seen some offer angel investors 0/10 if the help them get scale. You can’t focus on the fees.
That's on the next level up.
I was just trying to give some bearing to somebody who's just staring up.