Who wants to start a Hedge Fund?
- Thread starter vanzandt
- Start date
Haha...
I would never do that. Why would I want to create some kind of animosity here on a public venue allowing folks to squabble over the merits (or lack thereof) of another poster. Not cool. Suffice it to say however that if this were to happen (which it won't in all reality)... The folks brought together would have as much can-do positive attitude and willingness to have fun as they would technical acumen. Perhaps more. It would be a fun shop, of that you can be assured. And it would kick ass and win. There is no doubt in my mind.
But to all the other great points made on the thread... "all great points" lol.
I realize now, who wants to run a hedge fund anyway. I just want to trade my own money.
I guess the spirit of the original post was spawned because I think bringing together a small collective of the right individuals each with unique talents and personalities, of which I know there's more than enough here on ET to pick from, collaborating together could outperform the indexes and the funds.
I guess what I envisioned would be more of a club. And thats nothing new. But the strength would lie in its people. And I think an actual physical location, as opposed to cyber-chat would be key. There's a certain synergy when people actually work together in person that can't be replicated via on-line chat or Skype. It is what is. We are human after-all. This whole concept of "good traders are loners" is complete BS imo. They need not apply. I want smart party folk.
So like I said originally, re-location would be an issue.... so in reality it can probably never happen. But it would work in an ideal world where a handful of folks could all relocate in some cool city and come into the office daily. It would be a fun time, thats for sure. There'd always be a bottle of whiskey and a keyboard to smash. And NO healthy organic snacks. Smoking encouraged.
One of the best posts I've read this year.
Something like the original Quantopian contest that allowed teaming would be a pretty cool idea along these same lines. It requires a third party you trust not to share your source code or trades, but if you had that you could take advantage of what sle pointed out that several disparate strategies together can sometimes give you alpha.
To Zandy's points, maybe make it a relatively low stakes pool where the participants put in a few thousand dollars each. Enough to make it interesting but not meaningful enough to bring out the worst in anyone.
To Zandy's points, maybe make it a relatively low stakes pool where the participants put in a few thousand dollars each. Enough to make it interesting but not meaningful enough to bring out the worst in anyone.
Probably true, but a bunch of posters here are apparently already trading for institutions, so with significant amounts, and others have scalable strategies (global macro, position or swing traders on mid caps and bigger obviously, but also a bunch of shorter term traders on liquid futures and FOPs I suspect - I don't quite trade a piker's account yet could scale it up significantly for instance)
Used to have an office and miss it dearly for a variety of reasons, although partnering up for a fund sounds like it could easily make one miss his days trading from home if it doesn't go well.
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Me: Sure, my email is aliauska500@gmail.com and I want a starting salary of at least 50k$ annum and a minimum 25% share of my profits.
You: Are you joking?
Me: Yeah, but you're the one who started hiring us on trading forums
P.s. come to think of it, it's not that bad of an idea
You: Are you joking?
Me: Yeah, but you're the one who started hiring us on trading forums
P.s. come to think of it, it's not that bad of an idea
I'm interested too...on seeing your shortlist of so-called real and professional and successful traders here at ET,
You can PM me or email the list...I will then accidentally, purposely leak it to create a scandal like Hillary/Trump/Russia/voting,
Make Trading Great Again 2017
No more dissolutions and resolutions...cause, we. will. Break Away,...and take Today. HeeeeY
Most will be misled and inevitably fail.
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One wonders why he didn't lead with this part!I changed my mind, I want in NOW.
no, trading is not a zero some game. (X some commod markets).
Said the loner?
Trading definitely benefits from team spirit, depending on what and how you trade. More minds more knowledge... shared costs = lower cost base... global coverage of strategies = more money...