Hi all, I have a question about money management.
Jordan Belfort once said in a podcast that money managers who can produce a consistent 25%+ monthly return can make a lot of money in this business. Not only do they have a high return, but they also can command a higher performance fee and management fee from their investors.
Is it absolutely necessary to make 25% a month in order to make money as a money manager?
What if a trader makes 100% a year? Is that still considered top performance?
Thanks
In todays world 25% ROR is the bare minimum with decent access, in the 90’s during “wolf of Wall Street” days I’m sure a few guys were doing well above 25% with ease but in this digital era you’ll make 25% just in spread rebates with the right infrastructure.
but on the other hand 100% with no access at face value is definitely good, but it’ll be hard to push that management fee.
Because 25% ROR monthly is easy to come by with access, or someone clever will get that same monthly 25 by scheming 770 accounts. But to be clear 100% yearly interest is great but in this sport top performance numbers is 10x that 100 at the bare minimum

