Starting a Hedge Fund without being known in the industry?

[Anonymous No.933388]

Let's say you were an extremely skilled trader who could consistently be produce positive return, would it be possible to start a hedge fund and manage a significant amount of assets without a college degree? Is there someway you could get a third party to verify your trading results? Also what kind of monthly return would you need to consistently make to attract investors (without any contacts in the industry)? How long would your track record have to be before anyone would even consider entrusting you with their money?

[Anonymous No.933391]

How long is a piece of string?

[Anonymous No.933399]

>>933391
Ok, lets say you could consistently make a 20% return every month, (I know that sounds ridiculous but just roll with it) and you had a trading record of a year do you think that would be enough to attract some capital or would people still be to skeptical.

[Anonymous No.933417]

>>933388
I forget what it's called now, but there's a site out there that lets you showcase a verified track record to would be very large investors.

From their point of view it's kind of like kickstarter for portfolios. They take like 1% of whatever billion they have and invest it into a spread of the best up and comming traders on the site.


If you've got a good record you could put yourself on there to go from trading a 10k account to suddenly managing $1,000,000+.

And from there you just get more clients, register a company and voila, you're goldman sacks.

[Anonymous No.933421]

>>933388
>be produce

Yikes. I wouldn't trust you to manage my money

[Anonymous No.933430]

>>933417

The site is https://fundseeder.com

[Anonymous No.933455]

>>933421
1. This is /biz not grammar class
2. When I'm tired I make grammatical errors.

[Anonymous No.933462]

>>933455
>2. When I'm tired I make grammatical errors.

If you make grammatical errors when you're tired, how do we know you won't make financial errors with our money?

You're showing yourself in a very bad light here tbh fam.

[Anonymous No.933466]

>>933462
>fam
>implying you have money

faggot

[Anonymous No.933468]

>>933462
because I take trading more seriously than posting on 4chan

[Anonymous No.933481]

>>933466
>calls people faggots for ironically posting "fam" on 4chan
>implying YOU have money

lmao tbh smh...

[Anonymous No.933513]

>>933388
>being able to consistantly beat the market
When will this meme end?

[Anonymous No.933516]

>>933513
There are dozens of investors who have consistently beaten the market for years if not decades.

[Anonymous No.933519]

>>933516
Of course, this is bound to happen considering the amount of investors there are

[Anonymous No.933527]

>>933513
Nuff said

[Anonymous No.933537]

>>933519
you are partly right but you'd need billions of investors in order to have a realistic chance of repeat success if it were entirely due to luck

what is the chance of beating a market in a given year? 50%? if warren buffett does this for 39 years straight the chances are 0.5^39=1.82*10^-12, 1.82 out of a trillion

even if warren buffett had a 1/10 million chance of success it means his chances of beating the market are 66%, which seems reasonable if it so happens that careful research can improve your chances

[Anonymous No.933539]

>>933519
1/10 million chance of beating the market 39 times in a row rather

[Anonymous No.933540]

>>933516

>what is insider trading and stock manipulation

[Anonymous No.933541]

>>933537
This. Also in any given year the chances of beating the market for any individual is easily less than 25%. Once you do the math you'll realize that these kind of results are very clear indications that the efficient market hypothesis is incorrect.

[Anonymous No.933545]

>>933540
I agree with you that most of the names on here have benefited immensely from having insider information and the ability to manipulate prices, but you have to consider that a lot of legendary investors/traders like Buffet, Graham, and others not listed like Seykota and Livermore achieved incredible results in the early years of their careers when they didn't have the financial resources to manipulate prices or the connections that they undoubtedly have today.