Deep Dive into Hedge Funds (Capital Allocators, EP.34)
Capital Allocators – Inside the Institutional Investment Industry
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How to Start a Hedge Fund
It's very hard to counsel one person not to follow a dream they have but I think the probability of success is much lower than it was five or ten or fifteen years ago. Without this wage inflation that's occurred that's how today's twenty billion dollar hedge funds started there is no promise nor was there back then that the hundred million dollar hedge fund would ever grow to something more meaningful. So if you're passionate and so entrepreneurial that they really want to do that they should go ahead and do it.
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Transcript
