How Do You Be A Hedge Fund Manager?
Hedge funds are sometimes called “the new American Dream.” The news reports on managers who make billions a year and because they’re mostly unregulated, anyone can start one. Yet becoming a successful hedge fund manager is not easy. Far more fail than succeed. Get a general idea of how you can become a hedge fund manager by starting your own hedge fund. Decide whether being a hedge fund manager is right for you. There are two viable ways people can start hedge funds: boot-strapping or gaining credibility by working for a large fund manager for several years. If you are good at trading and happen to know a lot of wealthy people who are willing to give you money, you might be able to “boot-strap” a hedge fund, even if you have limited experience. Otherwise, managing funds for a large company for several years will give you the needed credibility and experience to go out on your own and have people entrust you with their funds. Decide what your hedge fund is going to invest in. Decide wha