Day-One Advice for New Hedge Fund Portfolio Managers
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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.
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