Quote from Brandonf:
The smartest move I ever made was to start hiring Ivy League grads as analysts. I dropped out of the Unv of Iowa when I started making decent money from my site and trading, but my best friend from HS graduated with honors from Cornell and recently from Harvard Law so I had a way to contact some people there. It worked out well for me in building connections, but really anything you can do to expand your social/business network is going to help you out if you want AUM. Here's an example, I'm a poor farm hick from Iowa, a guy who was reading my blogs here on ET about four years ago really identified with me. He was worth about $50 million and lived down in Naples. I drove down, golfed with him we had a great time. He lives in a very exclusive community in Naples, $250,0000 buy in, $10million plus Houses. Chairman of SAP has a house there, former chairman of BAC etc. So, I befriend him and from him I meet a guy an older guy who's been on the board of directors of American Express for years. He grew up in South Dakota, lost an arm as a teenager and scraped his way to the top. Another connection even though I'm just a stupid hick. If your serious about this business, any way you can get em you should. I'm hoping that I have only one more surgery left, then i will give myself a month or so to recover and start again with managing larger amounts of money. It should be a hell of a lot easier this time than it was last time.