Day-One Advice for New Hedge Fund Portfolio Managers
June 25, 2021·5 comments·In Brief
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This commentary is being provided to you as general information only and should not be taken as investment advice. The opinions expressed in these materials represent the personal views of the author(s). It is not investment research or a research recommendation, as it does not constitute substantive research or analysis. Any action that you take as a result of information contained in this document is ultimately your responsibility. Epsilon Theory will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Consult your investment advisor before making any investment decisions. It must be noted, that no one can accurately predict the future of the market with certainty or guarantee future investment performance. Past performance is not a guarantee of future results.
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Comments
After three decades of trading and investing, I spent most of my time nodding my head in affirmation as I read this. I’ve survived some rough patches by "not being a jerk " or, as you say it, adding value where I could, being a good guy, a team player, oh, and it’s a nicer way to go through life. There’s just so much good stuff in this one - know your management’s pain points, make money slowly at first, trade what you know and trade small when learning new-to-you markets. I’ll stop, or I’ll just rewrite the note (and not do it nearly as well).
Glad it rang true for you, Mark. It did for me, too!
Amazing. As a sell side trader, I find the advice equally applicable.
To be fair, this is good advice for anyone.
Perfect generalizations!
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