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Vault Message Board: Investment Management

Topic Name: Hedge Fund-Dot coms of the 21st Century
Message Name: money2
Date Posted: 01/28/2002
In Reply To: I have some good friends who are analysts at hedge funds and they are very good at what they do. However, my point is this: the majority of people starting a hedge fund will fail for two reasons. The first being they will not raise that much capital, this will greatly diminsih what they hoped the upside would be. The second and more pertinent reason most funds will fail is that the majority of hedge fund managers are not as smart as they think they are and when they don't produce returns to match the fees they charge, the few investors they have will begin to pull out.
Message: By the way, if you are starting a hedge fund, I have a friend who is an analyst with Wellington Management that is looking to join a start up hedge fund.

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