5min chapter

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How To Become An All Weather Trader With Tom Basso | 076

The Day Trading Show

CHAPTER

How to Start a Mutual Fund

I started this mutual fund back just before COVID with zero dollars, zero track record. The due diligence in today's world almost requires you have a team of five people and 100 million under management before people will even interview you. And I think that the lesson to be learned is to be well-capitalized, be well personal. You haven't have enough people around to fit the bill and be able to survive for probably three to five years.

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