Hedge Funds I need lots of info

[Bodhi Dharma Zen]

Hello,

I'm doing a bit of research regarding Hedge Funds in general, and I would like to find not just "wikipedia like" information, but info about how they prospect to possible clients, their track record, how many use "algo trading" (trading using algorithms instead of fundamental or technical analysis) etc...

I'm all ears, actually all eyes :) Thanks

[The Central Scrutinizer]

Define the Universe and give three examples. :)

[Bodhi Dharma Zen]

Simplest possible definition: Flow. As for the three examples, when I finish my research about Hedge Funds, I can get back to you ;)

[The Central Scrutinizer]

Flow?

Your question is quite broad. It's like saying "Tell me about cars". :)

Is there anything more specific you would like to know? Wikipedia might be a good place to start.

[Bodhi Dharma Zen]

How they prospect to possible clients seems to me pretty specific, but of course I might be wrong. I would like to read their brochures, and to have access to their presentations...

[The Central Scrutinizer]

How they prospect to possible clients seems to me pretty specific, but of course I might be wrong. I would like to read their brochures, and to have access to their presentations...

I'm guessing they have a rolodex of rich people and they call them. Or if the hedge fund manager has a great reputation, rich people probably call them. Other than that, I don't know. Maybe they advertise in the WSJ or NYTimes. I get both papers, but don't really read the ads.

Are you thinking of starting a fund?

[Francesca R]

Bellwether industry resources (all of them partially paywalled) are:

CAIA Association (http://caia.org/about-us)

Journal of Alternative Investments (http://www.iijournals.com/toc/jai/current)

HFR Inc (http://www.hedgefundresearch.com/index.php?fuse=home&1289937022)

Dow Jones-CS (http://www.hedgeindex.com/hedgeindex/en/default.aspx?cy=USD)

Barclayhedge (http://www.barclayhedge.com/)

Here is a pre-crisis 2007 McKinsey report (http://www.mckinsey.com/mgi/publications/The_New_Power_Brokers/) on the sector which is not gated.

There are many other sites claiming to be stuff like "leading source of intelligence" but none with a particularly high profile.

[A Laughing Baby]

If you're hoping to gain insight as to how hedge funds gain value in the margins to use in prospective analytics, you're probably not going to have much luck. Information like that is highly valuable and is generally proprietary.

[Bodhi Dharma Zen]

Are you thinking of starting a fund?

For now just wanting to learn enough to be an EXTRAORDINARY trader... if I can, maybe in a future I would consider it.

Bellwether industry resources (all of them partially paywalled) are:
...
There are many other sites claiming to be stuff like "leading source of intelligence" but none with a particularly high profile.

Thank you very much Francesca!!! I would look in to those links!

If you're hoping to gain insight as to how hedge funds gain value in the margins to use in prospective analytics, you're probably not going to have much luck. Information like that is highly valuable and is generally proprietary.

I know, still, I'm interested in learning as much as is possible doing web research.

[The Central Scrutinizer]

For now just wanting to learn enough to be an EXTRAORDINARY trader... if I can, maybe in a future I would consider it.

Good luck!

But why do you think learning about hedge funds would teach you about trading? There are plenty of traders who have nothing to do with hedge funds.

[ThermionicScott]

Good luck!

But why do you think learning about hedge funds would teach you about trading? There are plenty of traders who have nothing to do with hedge funds.

There's plenty to learn from all the hedge funds that have blown up, that's for sure.

[plumjam]

I read somewhere* that the Bush family pension is a hedge fund.




* Horticulture Monthly

[theprestige]

For now just wanting to learn enough to be an EXTRAORDINARY trader...

Have you considered the possibility that extraordinary traders spend years not in asking silly questions on the intarwebs, but in studying the fundamentals of economic theory, and then more years honing their skills in the daily practice of trading?

[Bodhi Dharma Zen]

Good luck!

But why do you think learning about hedge funds would teach you about trading? There are plenty of traders who have nothing to do with hedge funds.

And yet, I want to know about them, nothing wrong with that. It is not about learning to trade, its about how to sell what I do.

There's plenty to learn from all the hedge funds that have blown up, that's for sure.

Definitely!

Have you considered the possibility that extraordinary traders spend years studying the fundamentals of economic theory, and then more years honing their skills in the daily practice of trading?

It is not about practice, there are lots of delusional traders out there, its about making a business out of it.

BTW I edited the unnecessary words from your post.

[Lothian]

I have saved up £100 for some leylandii.

[theprestige]

It is not about practice, there are lots of delusional traders out there, its about making a business out of it.
Are you saying the truly great traders don't practice every day?

BTW I edited the unnecessary words from your post.
BTW, I put those words in my post for a reason. That you think they're unnecessary only proves my point.

[Bodhi Dharma Zen]

Are you thinking of starting a fund?

Now that I think about it better, yes, it might be a good goal. I'm a fairly good trader, and I have been running my numbers against some small Hedge Funds, and the results are very encouraging...

[Bodhi Dharma Zen]

Are you saying the truly great traders don't practice every day?

I'm saying that all the practice in the world can't make a good trader. I'm saying that good traders are artists/scientists and that you can cease and start trading again if you know what you are doing.

[The Central Scrutinizer]

Now that I think about it better, yes, it might be a good goal. I'm a fairly good trader, and I have been running my numbers against some small Hedge Funds, and the results are very encouraging...

Good luck!

The first hurdle will be to get other people to believe you are not only a good trader, but significantly better than an established firm. Because right now, you're just "some guy".

[Bodhi Dharma Zen]

Good luck!

The first hurdle will be to get other people to believe you are not only a good trader, but significantly better than an established firm. Because right now, you're just "some guy".

Thank you!!!

Yes indeed, just "some guy". For now, I'm working in lowering the risk while keeping an attractive return. I'm also working in algorithms that can keep up with unexpected variables, this is, not just "accommodating" the strategies to the existing data (which leads to over fitting, a complex subject) but making strategies that can mess with semi random data without compromising the capital... but this is work for more than one individual, definitely.

I'm still interested in learning more about Hedge Funds, so if some other member have info, it would be welcomed, either here in the forum or via PM.

Thanks!

[The Central Scrutinizer]

I'm not sure what you want to learn. Hedge funds aren't some magical way of earning superior returns. They're basically private mutual funds for select investors. There seems to be a good summary on Wikipedia: http://en.wikipedia.org/wiki/Hedge_fund#Regulatory_issues

[ThermionicScott]

I'm not sure what you want to learn. Hedge funds aren't some magical way of earning superior returns. They're basically private mutual funds for select investors. There seems to be a good summary on Wikipedia: http://en.wikipedia.org/wiki/Hedge_fund#Regulatory_issues

Yep, the only folks who consistently make money through hedge funds are the managers who get that juicy 2 and 20% slice. Beyond that, it's just about investing in things you think will do well.

- Scott

[Bodhi Dharma Zen]

I'm not sure what you want to learn. Hedge funds aren't some magical way of earning superior returns. They're basically private mutual funds for select investors. There seems to be a good summary on Wikipedia: http://en.wikipedia.org/wiki/Hedge_fund#Regulatory_issues

How they prospect, how they attract customers, the speech they use... etc.. I believe it would be interesting to know.

Yep, the only folks who consistently make money through hedge funds are the managers who get that juicy 2 and 20% slice. Beyond that, it's just about investing in things you think will do well.

- Scott

As always, your mileage will vary.

[The Central Scrutinizer]

How they prospect, how they attract customers, the speech they use... etc.. I believe it would be interesting to know.

Yeah, could be. Maybe as a psych study?

[Bodhi Dharma Zen]

Yeah, could be. Maybe as a psych study?

Exactly my guess!! lots of pseudo science "facts" coupled with a good marketing speech...