Summary of Tom Costello's The Front Office

Everest Media

Description

Please note:This audiobook has been generated using AI Voice. This is a companion version & not the original book.
Sample Book Insights:
#1 The most efficient way to make outsized returns is by luck, but credibility with institutional investors is the only thing that matters. Good luck is great, but no one is going to give you billions of dollars to manage just because you’ve gotten some. You must demonstrate a systemic causality in your trading to prove that your performance isn’t just luck.
#2 There are some simple things you can do to increase your credibility in institutional finance, and some that are so difficult that only the most intelligent people can do them.
#3 If you want to work for a big hedge fund, you’ll have to follow their rules. The most reputable firms are large, multi-strategy funds. They’ll have a carefully thought out filtering process designed to make sure that the most reliable and responsible people ever get anywhere near a money management decision.
#4 Starting your own fund will allow you to do things the way you want to do them, and pay higher dividends when you succeed. However, this is a rather expensive route.

Sujets

• Stocks

Informations

• Publié par: Everest Media LLC
• Date de parution: 10 mars 2022
• Nombre de lectures: 0
• EAN13: 9781669360421
• Langue: English
• Poids de l'ouvrage: 117 Mo

Extrait