anarchotrader
PARKED
- Joined
- Apr 10, 2011
- Messages
- 7
Rep Bank
$25
$25
hedge funds
Hi guys. Im new to the forum (1st post). Just like AZ, I am also looking to get into the asset management business and trading has been something ive been studying in my spare time for a couple of years.
Looking at the forbes billionaire list, you can see that its teeming with individuals who have made billions investing on the behalf of others and its possible. Also good to see that fund manager John Arnold, is the 14th yougest billionaire on the list at age 37
The World's Billionaires - Forbes.com (list source in alphabetical order and skip to page 48 to 51)
The route ive found that most Hedge Fund managers follow is school -> uni (preferrable a quantitative degree from a top uni) -> join an investment bank/asset manager before finally starting up their own. Ofcourse there are exceptions.
A few years ago i decided i wanted to be rich and looked at what jobs provide the highest salaries. Seeing that hedgies topped the list and after a bit of research i was sold and decided that becoming a hedge fund manager was my goal. Currently im studying Maths and Economics at LSE (luckily i have a scholarship so wont be leaving with massive student debt), Head the HF division within the finance society etc which should help me thru the traditional route i described above.
There are many ways to trade but personally ive chosen to take a quantitative approach to trading (creating mechanical systems based on price/time/volume and using computers to test, improve and possibly automate) as it suits my pesonality.
Trading seems to me to be something that may appeal to a lot of fastlaners because it can: provide a (semi)passive source of income (trading end-of-day + longer timeframe strategies/automated trading/managed accounts), reduce the time it takes to reach retirement by improving risk adjusted returns (higher yielding money system thus a lower money system target). IMO both my money system and business system could be related to trading.
I have a few ideas others could add to?
business system- trading education (DVDs, seminars, membership site etc), trading signals/picks (nightly newsletter), managed accounts ( i.e covestor ) , consulting, running a HF
money system- replaces/supplements "traditional" investments- cash, bonds, "buy and hold", mutual funds etc
I just started a blog which i will use to share my ideas, track my trades (+ build a track record). Im hoping this will help me network with other like minded bloggers and be a way to offer future products/services to potential customers/clients.
To be honest id love if i could skip the steps of finishing school and working for someone else for a few years (are there any possible short cuts that arnt visible on my roadmap).
If anyone has any questions or experience/advice that may help me achieve my goal, please feel free to contact me.
Hi guys. Im new to the forum (1st post). Just like AZ, I am also looking to get into the asset management business and trading has been something ive been studying in my spare time for a couple of years.
Looking at the forbes billionaire list, you can see that its teeming with individuals who have made billions investing on the behalf of others and its possible. Also good to see that fund manager John Arnold, is the 14th yougest billionaire on the list at age 37
The World's Billionaires - Forbes.com (list source in alphabetical order and skip to page 48 to 51)
The route ive found that most Hedge Fund managers follow is school -> uni (preferrable a quantitative degree from a top uni) -> join an investment bank/asset manager before finally starting up their own. Ofcourse there are exceptions.
A few years ago i decided i wanted to be rich and looked at what jobs provide the highest salaries. Seeing that hedgies topped the list and after a bit of research i was sold and decided that becoming a hedge fund manager was my goal. Currently im studying Maths and Economics at LSE (luckily i have a scholarship so wont be leaving with massive student debt), Head the HF division within the finance society etc which should help me thru the traditional route i described above.
There are many ways to trade but personally ive chosen to take a quantitative approach to trading (creating mechanical systems based on price/time/volume and using computers to test, improve and possibly automate) as it suits my pesonality.
Trading seems to me to be something that may appeal to a lot of fastlaners because it can: provide a (semi)passive source of income (trading end-of-day + longer timeframe strategies/automated trading/managed accounts), reduce the time it takes to reach retirement by improving risk adjusted returns (higher yielding money system thus a lower money system target). IMO both my money system and business system could be related to trading.
I have a few ideas others could add to?
business system- trading education (DVDs, seminars, membership site etc), trading signals/picks (nightly newsletter), managed accounts ( i.e covestor ) , consulting, running a HF
money system- replaces/supplements "traditional" investments- cash, bonds, "buy and hold", mutual funds etc
I just started a blog which i will use to share my ideas, track my trades (+ build a track record). Im hoping this will help me network with other like minded bloggers and be a way to offer future products/services to potential customers/clients.
To be honest id love if i could skip the steps of finishing school and working for someone else for a few years (are there any possible short cuts that arnt visible on my roadmap).
If anyone has any questions or experience/advice that may help me achieve my goal, please feel free to contact me.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
