I have beaten s&p500 based on last 6 years of investing (CAGR 21%) in US-based stocks. Should I start my own fund? If yes, how does one get started? Thanks

likefunny
Posting as :
works at
You are currently posting as works at

You can start with managing my $100k portfolio and I will pay you 10% of any incremental returns vs s&p 500.

like

You don’t think there are some legal roadblocks you’re unaware of for starting a hedge fund?

likefunny

Buddy, the first rule of this kind of investing is that you’re measured on your Sharpe Ratio, not your returns. Returns can be as high as you like with leverage.

So…what’s your sharpe ratio?

like

Step 1. Find some some rich people who are willing to trust you

Can you share proof of your returns, and a high level outline of your investment thesis (i.e. how you pick what to invest in)? Feel free to DM a screenshot of your account / trades / whatever else you feel comfortable sharing

like

honenstly can't tell if you're just meme-ing about your Meta RSUs...

Meta stock is almost exactly a 21% 5yr CAGR at the moment...

like

Hence why I assumed your post was a joke / meme about retail investors or tech bros that don't understand finance & investments

like

You need to share your thesis, demonstrate what you bought and sold when, and why.

If you don’t have one, then people will assume you just got lucky.
Honestly the suggestion of going to work for Cathy Wood (or similar) is probably not the worst idea. (Assuming most of your investments are in tech / growth stocks) much easier to branch out from inside the industry.

like

First step, recognize hedge funds are rated on alpha and not returns to S&P (even though that’s what all the news outlets will compare their returns to)

Investing in nasdaq probably would have netted or beat your return.

like

Cathie Woods is hiring!

Related Posts

Wrapping my head around the equity piece of an offer. Is the equity you are granted in dollars converted to shares right away? So if the stock goes up or down, the totally dollar amount in equity granted when you sign might not be what you actually get over the first four years?

like

Los Angeles, ACD (art), 34, $150k

Max out 401k before contributing to taxable brokerage? Roth IRA is already maxed out.

like

💳Credit card help💳 Starting a new job in two weeks. The new company does not give a corporate card, so I get to pick my own. If things were normal and I was traveling / spending as usual, getting the CSR or AMEX platinum would make sense. But with things the way they are, what should I do? Work related expenses will be minimal, but Im moving/furnishing an apartment so personal spend will be decent. TIA!

likehelpful

I have been searching for a travel card for months. I am a young guy who is looking to take advantage of credit and earn points at the same time. Cap One just released an interesting new premium travel card with a lot of seemingly good perks (Venture X). I also looked at the CSP and the Southwest Priority card. My girlfriends family has Southwest and swear by it, with companion pass being the differentiator. I am in the DMV area and have mostly flown Jet Blue or Southwest. Any thoughts on this?

like

Got targeted for Amex platinum 100k. Is it worth it? Is there a higher targeted offer?
Considering doing it since no more personal card for BCG expenses. Also have CSR fwiw.

like

Any advise on the best credit cards to use after consulting? Not sure if the travel credit cards are still the best value with the reduced travel.

like

I have an exit opportunity but have 600$ in my commuter benefit account I lose after post 30 days leaving my current employer. Any creative ways to spend it? Uber pool is eligible, Amtrak, buses, etc.

What causes a coin to suddenly spike 100%+ in value in a matter of hours? I mean how does demand collectively sky rocket - seems unlikely that so many people would have a coordinated buy?

What do you think about the outlook for AM / HF jobs in the future? Will they continue to be there, or will they be slowly canceled by passive investing? Thinking about going into IM post MBA, but this thought is holding me down

like

Has anyone negotiated a 401k match to begin immediately? I have a great offer but a 1 year wait. I’m super focused on building retirement and really don’t want to wait for a match.

like

28 year old with ~125k in cash/brokerage. Have been wanting to begin purchasing rentals but anxious to use a good bit of my liquid savings. Thoughts on biting the bullet vs. investing in stocks. In Houston if that is a factor

like

Which service(s) do you use and can recommend to send money to India?

What companies do you recently regret not investing in?

like

I have a prospect who is a US resident living in Canada on a temporary work visa. They are being told by their advisor that they must liquidate all their accounts (brokerage, IRA, and 529). ...

like

Anyone start later in life? About to turn 32 and my retirement savings are sad.

like

Whats the second source of income for a IT employee ?

like

Is retail quant trading on a massive rise?

likehelpful

I’ve got a partnership w/ two of my uncles. We have two houses on rent. we use the profit from the homes as a single pot where we pay for the maintenance expenses (different cash flow from each). We are close family and they trust my judgement. Another of my uncles wants to join for the next home we buy. How do we split/ allow their buy in to our partnership for the next home? I don’t wanna add extra accounting of maintaining expense/cash flow from the next one we buy as a larger group Thoughts?

like

More Posts

Hello, we've recently started a community focused on FAANG Interview preps. Wondering what kind of content people might be interested to see in such communities.

like

Has anyone interviewed for a product/PM role at Meta recently? I'm wondering what the phone screen is like. I do have a book to help me interview if I make it to the later rounds and plan to do some mocks. Just trying to prep one step at a time. Thanks!

like

Does anyone have experience interviewing with Deloitte Internal Services? I had my final interview a week and a half ago, and received positive feedback throughout. The hiring manager had positive things to say and mentioned they hoped to make a decision by the end of last week. It’s now Friday the week after. The role still shows as “Interviews in Process.” We did discuss potential start dates, but no salary. Any experience with receiving offers for an internal services role? Is this common?

like

What do I do if I’ve only worked one job (the one I’m currently at) and another company is asking for references? I could do professors from college but not sure if that’s a good idea. I wish I could give my current manager’s contact but I don’t want her knowing :/

like

I am in the market for a Rolex, budget is 5k. Any recommendations pls

funnylike

What companies do you recently regret not investing in?

like

Since we returned to office in October, is it appropriate to give holiday gifts to team members?

likeuplifting

Hi Fishes!

Can anyone help me understand what is Cuelogic in LTI?
people working in Cuelogic BU are under LTI payroll or is it different?

like

Hi Fishes, Anyone who can refer for a job in Informatica for senior software engineer role? Please DM. Thanks in advance 😊

Hi Chicago fish, my team is looking for an ACD (copywriter) for a financial services account. Good work/life balance here, nice folks and a big agency. Please DM me your portfolio if interested.

like

Hello fishes, Wipro hr is not responding to my calls and mails as i have received LOI march 27 and gave joining date on april 27 till now they didnt sent me offer letter. So, when can i expect the offer letter from them.

Note: didnt tried to contact them from 1week as some people said you would receive it soon

So can i expect the offer letter this week?

like

Gary Dahl got everyone whipped into a frenzy with "Pet Rocks" and TBH that makes me believe that marketing is like a form of wizardry

like

Hi

Has anyone from the cognizant registered BH for a car in Pune or Maharashtra? And are they allowing it? As per rules its allowed but I heard RTO is declining the request

This showed up on my Facebook feed. Is it because I put the blackout square (I didn’t use that incorrect hashtag, by the way).

Post Photo
likefunny

Can someone from EY please refer me for job requisition id :183082

like

Anyone from AMEX project?

like

Hi Fishes & Sharks,

What will be the in-hand salary? Please guide.

Post Photo
like

Hello People,

I about to move to BLR. My Office is in brookfield. Can someone please refer me some good PG/co living option with single sharing?

I am thinking to not go any further that 3-4KM from office radius.

Any kind of help/advice will be good! Thank you😊

like

While accepting offer in Wipro my friend directly clicked accept and submitted after reading all the pages. But didn't fill the signature and date column in all sheet since text was not enabled. At bottom of every page in offer letter it shows as signed by user name ,user email address & date when she signed. Could anyone please confirm if this is fine or not ? Do we need to fill signature and date also above because she couldn't do anything now. Is this offer letter valid now?

Post Photo
like

Additional Posts in Compensation in Consulting

Is cybesecurity as lucrative as software engineering careers.

I know cybersec covers a wide field. Any sub areas within cyber that pay more than other?

like

What happens if a startup is acquired before every employee’s Cliff period ends?

I understand the possibility of that happening is crazy, but do we just not get any equity?

*brand new startup where all employees were hired less than 1 year ago

like

Dolla dolla billz yo

like

Been at the same company for years and, while seeing several promotions, only average 10k increase/year. Worth staying the course or jumping ship? Thanks in advance

like

DC - AFS, Senior Analyst making 88K salary with a 2K sign on bonus I had to negotiate is this a good deal?

like

Anyone start there career at GE as an FMP? Deciding if I should go get my MBA or if the program holds weight. Feeling like I got conned while in college

like

What's the M1 salary at the big 4 firms? No MBA. I think I'm getting 125k this year at KPMG when I promote and wanted to know if that was in line with the others.

like

Interviewer asked what my current salary / bonus is and I told them.

I got the offer and it’s exactly the same base/bonus as my current role. (Though they’ll also give me so stock options in the private company).

Can you share what is reasonable % increase to get for salary / bonus when switching jobs? I know the team really likes me.

funnylike

What’s the general range for Sr. Manager in Accenture Digital? Considering a position there and I already have been given an acceptable base salary range. Need to gauge the over/under.

like

BCG 🐠, How much salary I should ask for a consultant role? I am an experienced hire from big 4 with 6+ yrs exp.

likehelpful

Any idea the pay for Workday Customer Success Manager role out of Texas? 4-5 YOE in ERP project management and functional consulting with MBA. Role is asking for 3+ YOE. Much appreciated if anyone can provide some visibility on this!Workday

likehelpful

I have an interview with Korn Ferry for an associate principal role and am curious about others’ experiences have been with work-life balance here. Also, I have an idea of what I should be compensated in this type of role, but any insights on how they pay compared to others would be helpful. Are you traveling during the pandemic or have client interactions been virtual? Lastly, if you are a consultant here, are you on billable hours? My current consulting role is not - so this would be new.

like

What does a PEPI senior associate or manager make at Alvarez & Marsal? Interested in base and total comp.

like

What’s a good Corp Dev headhunter? Looking to leave M&A strategy / PE DD type of work at manager level

like

Simon-Kucher & Partners Ballpark salary/bonus at Senior Consultant / Manager levels at Simon-Kucher & Partners ? 5 YOE

like

5th year with the company, C3, level 9 going level 8 soon (CD&O), NYC, base 117k - where am i in the pay band? Switching companies, trying to figure out how much to expect/ask

like

What is salary range and/or total comp for a SM/D entering into big 4? Obviously I’m talking about D and p dubs, respectively. Have 2.5 years consulting experience. 16.5 years industry exp. Ty

like

Deloitte senior managers - comp? Sales targets if any?

like

Anyone have consulting experience in Austria? I’m moving to Vienna and trying to get a sense of salary for an experienced SM in management consulting. Any insight? Thanks!

like

Big 4 highest tier sr consultant offer of 115k and 5k signing bonus? Trying to negotiate base but being told base will not change. Thoughts?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal