Monday, June 29, 2009

Can hedge fund be managing by 2 people?

Can hedge fund be managing by 2 people? We will find out it. Today's evening i serfed hedge fund's websites. I found that a lot of great hedge fund's are using quantitive strategies the most. A lot of their employes are Ph.D. in mathematics, physics and they are even not competent in finance, economics. They are working with retrieval of data and even dont know from what assets data are. The bright example is Jim Simon's Renaissance fund. We have a strong trend in markets - they becoming more and more mathematical. We can found less and less psyhology their. Program trading prospers. Methods that were used in daytrading are not actual now coz market became hybrid. Now reading ribbon is not actual, prints a random, we cant find how NYSE specialist works. So less psyhology, more numbers. A lot of people will go out from trading in some years coz they cannot competite with programs. In hedge funds we can found so many analysts, mathematics, statisticans. They can work with so much data, to find large more ideas, to test more.. Ofcoz its costs big money to have this quality staff.. So to have this, hedge fund have to big really big sized. But is it possible to beat this groups of the smartest people with 2 people? I trust that we can. Having not so big capital we can concentrate all on few best ideas which can give us even better returns. Trust in God, trust in us :-) . Be with love ! :-)

2 comments:

StocksOn said...

are u american? because your grammar, and spelling, and fragmented sentences made me leave your page very quickly

Artem Dmytrenko said...

No, i am not. I am ukranian. Sorry for bad english. But i am practice on it