Hedgefundie portfolio reddit. 10,000+ trades/second).

Hedgefundie portfolio reddit What it really refers to is the phenomenon LETFs experience which causes them to deviate in return from the underlying asset. New. r/Bogleheads A chip A close button. Overall, I would conclude that if you can stick to the plan for 3+ years then the odds start to be favorable for HFEA to prove successful. And keep doing that to move your way up the career ladder, making sure you acquire new skills at each level. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. The premise is that you invest 55% into UPRO or TQQQ and 45% into TMF (3x 20 year+ Hedgefundie’s adventure really fits the bill here (HEDGEFUNDIE's excellent adventure Part II: The next journey - Bogleheads. , dedicated short). I've recently implemented the Hedgefundie approach in my tax-free account at a ratio of 27. Hedge Funds are a controversial breed of companies. A subreddit for the website www. ♌ So I've been looking for an easy portfolio to park a large chunk of my account in that doesn't require ongoing brain power but still gives me hope of retiring early. This is an 49 votes, 11 comments. Get app Get the Reddit app Log In Log in to Reddit. So I decided to compare this duo with the one in the famous Hedgefundie's Excellent Adventure portfolio, which consists of UPRO + TMF. So I’d buy one share then sell a way otm call. " People who invest in hedge funds already have money, they are not looking to make more money, they are looking to keep the money they have. You can’t expect to actually get those CAGR values in your own portfolio, but rather you’ll land somewhere along the distribution curves. The plan is to use a larger broker/banker (Schwab, fidelity, etc. Some companies exclusively do this like Virtu. All of this is basically a part of a large system of linking up businesses with investors. I seek quality businesses with moats, in industries that I understand the WHY of a customer purchasing, large growth prospects for the future, and at decent enough prices. Some stocks are either profitable in the current market conditions (or unprofitable if I am shorting), some of those may have good ratings, others not. There are plenty of funds and etfs that offer the upside/downside % that I've stated. The leveraged portfolio consists of 55% HedgeFundie's "Excellent Adventure" update: this approach is down around 42% YTD. For instance, M&A arb is achieved through equities but the returns have a low correlation to the S&P and low beta. I’m certainly not going all in on a 3x leveraged With adding long term treasure notes to the mix, I thought the idea was more to maintain an inverse relation to equities in the portfolio, as a protection against a huge downturn. Before that was the Permanent Portfolio. I had to work on building a robust framework, had to work on portfolio construction (the types of trades that work together and don’t work together) and work on regime identification. Log In / Sign Up; Advertise Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and general beginner questions to the daily discussion thread. upro/tmf together are supposed to balance each other out, if you rebalance them quarterly, the gains will be the same as 100% upro, but without all that volatility. This portfolio is like buying a house with a 33% down mortgage, with a 66% loan. However, back testing on Portfolio Visualizer only goes back July 2009 due to the inception dates of UPRO (June 2009) and TMF (Apr 2009). Try to go for a recognizable name if you can like Millennium, Citadel, DE Shaw, Two Sigma. From what I can tell many if not most of its adherents have abandoned it. I love investing btw and love ETFs and real estate. Top. NTSX vs. Basically, getting closer to the unlevered 80/20 split. In the 2008 fantasy world, so smart there’s no way to lose money. If I were running a long only book and didn't have to worry about redemptions, I would run an 8-12 name book. They trade at a delay from the actual hedge funds, since they can only trade after the requisite regulatory filings are made public, like 90 days later. 2003 - current back test 2010-current back test with UPRO TMF Who here is a portfolio manager or a hedge fund manager? What do you do in these jobs and how much can you make starting out? And how much have you made in your career? How hard challenging is it and is it boring then finally what math is involved. I use it at 5-10% to get some extra US market exposure in a very bland MSCI ACWI portfolio. Hedge funds would have small, fixed operating fees but would mainly rely on a performance fee (about 20% on the profit earned) to pay the portfolio managers. Basically it's like the boring r/ I'm personally 100% invested in Hedgefundie's 55% UPRO 45% TMF's portfolio. A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such as NTSX, PSLDX, SPY/TLT unlevered, flavors of using intermediate term treasuries, and so on. org there's a longstanding thread on a portfolio called Hedgefundie's Excellent Adventure. Portfolio management is by far the easiest job I've ever done, as an assistant I basically spent my time coding in VBA/Python, rebalancing portfolios and summarizing sell-side research, PMs were doing even less work and were mostly stressed out by beating their benchmark and their competitors or finding more assets to be managed. but other examples are welcome too. Okay that's not low money but not nearly as high as I've seen elsewhere on reddit. Swensen’s own research (outlined in the Endowment’s 2010 Report) discloses the extremity of the risks associated with I have some tools on the site to backtest portfolios if you it's helpful for you all. With $30 billion in assets, its money manager pushes portfolio companies to dramatically reduce greenhouse gas emissions and disclose their carbon footprint. Share Sort by: Best. Isn’t it strange how some careers (e. 26K subscribers in the portfolios community. 2) Please understand the rules and guidelines for commenting. It is a There is a psychological rule where you don't want to trade/stock pick (including this) more than 7% per pick, so I'm holding around 6-8% (due to rounding) for each ETF I'm using as a hedge. You don't understand what I'm saying or There is also opportunity cost. A key fundamental assumption of this a) HFT = High Frequency Trading. Even if you contribute $0 from there you’ll have $11. I wonder what this same portfolio would look like if you replaced Seagate and Twitter with something non-tech related. By the 30th time you review View community ranking In the Top 1% of largest communities on Reddit. What are your comments or suggestions on introducing VXX to the original mix? Just saying that if you started in the 1980s with the same portfolios, there are times when the HFEA portfolio would have been risen to nearly twice the value of the gold-holding portfolio. 100% Passive : By leveraging advanced algorithms and strategic market insights, you're positioned to generate value in any market condition. Pay will vary so much, not worth speculating. If the investment was more than $150k (1990), the promoter was spared a lot of expense. "Leverage for the Long Run" by Michael Gayed. Hi, 25 y/o hoping to get some advice regarding the pension funds available to me through my company pension plan. From there, it depends on a PMs role in the fund. I'm fully invested in a portfolio created by Hedgefundie over at Bogleheads. Accounting was much tougher, for Rôle in Portfolio I suggest writing flashcards. 25 trillion in interest rate swaps and derivatives. comments sorted by Best Top New Controversial Q&A Add a Comment. Here folks can share ideas about their DIY risk parity portfolios. Reply reply There are 2 long pages on Hedgefundie on the Boglehead forum. Pension Fund Advice . But I would suggest a mentor BEFORE coming to Reddit. Also, look at the individual returns of 22 votes, 84 comments. This has several benefits, one it directly ties manager's compensation to the performance of the Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and beginner questions to the stickied daily threads. Then you also bet (or short I intend to make them pay for the service and make it free for users. I strongly suggest you sell your UPRO and TMF until you have a firm grasp on risk management and how those products behave. I am going to give you some resources below. Shizm00 • Additional comment actions I think with patience, intentionality, and discipline, it’s bearable. Try to secure an internship with a hedge fund in university. Preamble. Come say hi, pick our brains - just remember, we're not In a multi-decade horizon portfolio you want exposure to all kinds of assets that can support a portfolio in any environment. I think the easiest move would be to transition to a role fosued on execution research which is quite close to MM. No one is parking their entire portfolio into a hedge fund. g hedge fund manager) are purely about making big money and everyone knows and accepts it . Thats a lot, but they also had a off balance sheet derivative portfolio with a notional value of 1. but the slope is much smoother than Portfolio 2 with only UPRO + TMF. took the dip in stride. Risk parity is an idea spawned from Modern Portfolio Theory in which a collection of uncorrelated and sometimes volatile assets are assembled in such as way and in such proportions as to improve or optimize the net portfolio's risk/reward metrics. If you’re not investing directly but through some fund of funds or some salesman, then there’s a whole other layer of other costs involved. r/hedgefund A chip A close button. And the optimal portfolio can only be known in retrospect. When you look back recently to the covid crash, you can see the benefit of this relationship. Hedge funds can have outsized returns but can also have outsized leverage. This is by far the most common. #2, by going TLT, you have a smaller exposure to bonds and lowered leverage, vs. The backtest only goes back to 2002 because I used TLT for the bond position (I can’t use the asset class backtest for this, as it’s not playing nicely with negative cash positions). But even if it’s a smaller shop that would be better than nothing. r/investing A chip A close button. I stayed at the same BB, working on fx and rates vanilla derivatives desks. On Bogleheads. It doesn't matter who is deploying them. Open menu Open navigation Go to Reddit Home. This literally means trading at ridiculously fast speed (ie. Usually I’m investing on behalf of a large institutional client and I’m doing one of two things: providing access to a specific type of investment they seek exposure in, or I’m building a portfolio which is protected against whatever kind of risks are developing in the market. (Notice that this does How does one explain TQQQ always does better than 3x of QQQ over the long-term (DCA Only) without hedgefundie? Portfolio Visualizer tool cannot simulate TQQQ in the first place. Your current allocation is overweight in equities and tech. Darst, David - Portfolio Investment Opportunities in Managed Futures [2013] Demaria, Cyril - Introduction to Private Equity, Debt and Real Assets [3rd Ed. Recently, the correlation has been pretty similar, which I understand is not historically how the relationship This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA). So "ABC" Investment company could have the "ABC" Fund that they are marketing - which many be managed by the firm's management company. However, given the 40-year bond bull market, and the current very low interest rates, I am wondering what may The world’s most profitable hedge fund is now a climate radical. Sports. Open comment sort options. I left a link for internship opportunities at HedgeFundie’s Excellent Adventure (HFEA) Backtesting the rolling returns from June 1986 to Nov 2021. Just wondering if anyone Hedge funds are meant to take up a small part of a big portfolio. Valheim Genshin Impact Minecraft Pokimane Halo Infinite Call of Duty: Warzone Path of Exile Hollow Knight: Silksong Escape from Tarkov Watch Dogs: Legion. Using pieces of information from his posts and iOS stock app, with a quarterly rebalancing, I think his portfolio is now 240k. If you play your cards right tbh you don’t need an MBA. I’ve been slowly accumulating TLT shares. Log In / Sign Up; Advertise The hedge fund portfolios are a gimmick, and almost certainly don't make sense for any individual investor. It's a percentage based on the need to diversify risk management strategies. On one hand, you have Michael Burry’s Scion Capital returning 489% shorting the housing market and on the other hand, you You can greatly reduce the volatility (i. , I’ve found a few proposed re-iterations of HFEA that were mentioned frequently. Formalize your strategy, establish partnership and llc, raise more capital or don't raise capital, still a hedge fund. Will a longer time horizon Hedgefundie outperforms by quite a bit. OptimizedPortfolio. I can This is arguably the most agnostic way to weight assets in a portfolio. Log In / Sign Up; Advertise It's basic portfolio theory, if you're talking generational wealth you want diversification, and not just in stocks but in asset classes (Land & real estate, physical commodities, alternative assets, venture capital, private equity, etc. , hedge funds and market index. So basically we've got a real-world proof of concept of the Hedgefundie strategy that's been going on since 2007. Who is a portfolio manager (PM) in a hedge fund? How to become one? What do they do on a day to day basis. I also like to bake bread. What does absolute mean? It means it goes up or down equally. (Or you can go your own way and set up your own Plus portfolio. Honestly you should not be investing in levered products if you don't know this. Currently doing the 3 fund portfolio with the split being 60/30/10 for for US market, international, bonds. Use these sources to craft a list of insightful questions you would like to ask and prioritize your list and memorize it. Do this several times for each strategy and you'll have them nailed. I'm investing $100k a year into it at $8,333 per month. View community ranking In the Top 5% of largest communities on Reddit. I’m still a macro trader, portfolio manager is just what a risk taking trader is called at a hedge fund. NFL I agree it's overblown in this context and I have a small portion of my portfolio following Hedgefundie's model 1:1. Some funds cater to individuals, but most of the hedge fund market provides hedging for large institutional investors. What I do is delta hedge. You shouldn’t judge the investment by itself, but see where it fits in your portfolio. So they will see your entire track record across all your portfolios. Worth bearing in mind too that a lot of hedge funds run their own training programs now (Google hedge fund internships; we have a list) I imagine the teams that typically start hedge funds will likely be able to fund the start-up process themselves, from legal to marketing and cap raising etc, but is it at all common to sell equity in the company in return for capital to fund the start-up costs? 498 votes, 276 comments. And the thing is if you have some shitty portfolios, and then you create an amazing strategy and have a great portfolio, they will only care about that one great portfolio too, assuming the strategy is sound. Disclosure: Some of the For background, I have 25% of our overall portfolio in the dual momentum strategy, implemented exactly as described by Gary Antonacci when he came up with it, which I quite CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Volatility drag can be positive not just negative. I write this to you all because I would say r/investing’s feedback has led 60% of the changes on the I recommend searching for "Hedgefundie's excellent adventure" to learn some more about how other people are using UPRO and other leveraged funds to do more high risk high reward investing. Volatility is absolute not positive or negative. ) It's been around for seven years, has about 300,000 users and we like invest in it, I guess. What is the difference between a PM and Coins. These are just guidelines and your specific situation can change these. I have a review of my portfolio today and wanted to get an idea of some good questions to ask to ensure they are managing it Skip to main content. Finally, both Reddit and Bogleheads tries to be as helpful as possible. However, with rates going back to long-term average levels the good, old 60:40 portfolio, as well as it's leveraged cousin, should start working as expected again. Share Add a Comment. You want to keep your wealth stable in down markets, while still benefitting from the upside in growth markets. Every fund is different, and you can have the trading team be quantitative and portfolio management team be fundamental. For the charts below I used the following portfolios: Portfolio 1: 55% UPRO + 45% TMF or 25 subscribers in the jrwren community. Log In / Sign Up; Advertise on Reddit; Look his fund up on WhaleWisdom and InsiderMonkey websites for some insight into his portfolio and maybe search Dealbook to see if there are any recent articles on him. Gross exposure is a function of portfolio volatility. Reply reply More replies. I really appreciate it. I have my entire net worth of $600k invested into it. I don’t like memorising to avoid getting tripped up with all the different ways to test an understanding. So, no one on this subreddit or But the management company will actually manage the securities you invest in -pick the stocks and bonds, buy or sell the securities in the portfolio etc. More importantly however, the behavior of reddit leadership in implementing these changes has been reprehensible. I think it was in the book, but they likely monitor the performance of all these strategies versus their expected performance, and they dynamically allocate more to winning strategies and cut losing strategies in real time. Unfortunately most can’t do it the way I do because I have portfolio margin. ) to hold long term assets and park liquid capital, and a more flexible broker like trade station or tradovite to day trade futures and options. In my experience, patience was the hardest part, especially after fifteen months in the role where there was little thinking outside of the box and anything “new” at work was solely because someone managed to overlook something specific or a new tool wasn’t robust and caused other issues. Q&A. Godspeed! Reply reply CptnAwesom3 • This is what I did for all 3 levels and topics. It’s important to align yourself with the type of work you like to do/are suited for as it’s very hard to become either a portfolio manager or PE partner, and most investment professionals never make it there. 5x leverage on a portion on my portfolio, and TMF + UPRO (The Hedgefundie portfolio) for 3x leverage on a small portion. org). 5 - SPXL, and 45 TMF. I ran into Reddit's 40,000 character limit on the first guide. , risk) of your overall portfolio by holding uncorrelated investment vehicles - e. ofc ~1m$ is doable but you would have to bring serious value, ~500k should not be an issue for someone with your background but I think some recruiters would be suspicious of your reasons to move (ie are you Modern portfolio theory is not the same thing as risk parity. I try to be as helpful as Hi all Hedgefundie strategy (55% UPRO 45% TMF) seems very interesting. After tax if you’ve got a million saved, exit and go do something else. It doesn't make any sense to borrow 22% when the portfolio returns 22-24% on average with the leverage, or 8% on average unlevered. Good morning all, HedgeFundie’s post in Bogleheads seemed to stop on 18th March 2020. Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and beginner questions to the stickied daily threads. google "hedgefundie portfolio", i only learned about it a few days ago too As I wrote on the other postHedgefundie was relying on US stocks and long-term treasuries not crashing in tandem. For curiosity, my current equity portfolio has 17 stocks in it, 95% of them have ratings and the total ratings average at 5/10. On one side, write the strategy (e. It's not likely or probable, but definitely possible for that to happen when you considered the Hi r/LETFs, I've been reading up about the Hedgefundie strategy (55% UPRO, 45% TMF) more recently & trying to understand what the potential drawbacks are. Interested in more Lazy Portfolios? See the full list here. Edited to add: "the PE portion of Icahn's fund " There is actual investment in "Hedge" funds are not about performance, they are about maintenance through hedging, that's why they are called, "hedge funds. Also all news feeds are live so if you want to monitor things. Ontario used to have a "sophisticated investor" rule. You have to have conviction going forward that the insurance for decadal crashes is worth it when part of your portfolio is dragging overall for nine of the ten years. Condition your mind for it. I’ve linked a job posting at Millennium below to give you an idea. Raiz is a micro-investment platform that automatically invests 'round-ups' from your spending into one of eight portfolios. A well-diversified portfolio has higher average expected return for a lower average risk level, but that is not to say that it is somehow sheltered from significant drawdowns. I say NO to a lot of opportunities as they do not fall within my competence circle. These are just guidelines Skip to main content. In saying that, the funds I’ve been have always had a quantitative portfolio management team, but from my understanding usually that team is more fundamental. Totally this. 10,000+ trades/second). Our edge is risk management and how we adjust our portfolio to market conditions. foghorn1 • To explain like you are five. Which I guess is okay, if you're willing to take the risk in this environment. 5 - TQQQ, 27. com and the topics thereof. This is a great place for beginner and advanced investors to share knowledge! NOTE: please include the names of The Hedgefundie Portfolio ETF Pie for M1 Finance (UPRO/TMF) I’m curious to hear your thoughts on the following allocation that has been popping up on Reddit. ) and possibly strategy. Hedgefundie's Excellent Adventure (HFEA), which utilizes UPRO 55% / TMF 45%. You invest, or bet a stock will go up. Use that experience to land a similar but more prestigious job at a sell side bank or buy side asset manager. Someone used this in the original hedgefundie thread: “Bogleheads user MotoTrojan proposed a variant by which you can match the volatility of Hedgefundie’s 55/45 UPRO/TMF, tone down the leverage a bit, and save BUT, when I construct a stock & bond portfolio holding: 60% --> SPXL (3x S&P returns) 40% --> TMF (3x Treasuries returns) And backtest it starting from 2010 with an initial investment of $10 000, and by rebalancing it quarterly (to maintain the 60 / 40 ratio) I get: Total return for leveraged portfolio: $216,848 PSLDX vs. HFEA. This is a TYPE OF TRADING. One of the concerns I had was around this claim: The Hedgefundie strategy relies heavily on the negative correlation (or at least, uncorrelation) between stocks and long-term treasury bonds, wherein the bonds provide a If it is a slower downhill market, VXX doesn't spike and hence during Oct 2020, portfolio 3 with VXX also goes downhill. Risk parity weights are also usually very close to what produced the highest risk-adjusted return A couple months ago I cross-posted what I thought was a neat illustration (below) showing why drawdowns matter sometimes, and thus why a 100% TQQQ (3x QQQ) portfolio is probably A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such as NTSX, PSLDX, SPY/TLT unlevered, flavors of using intermediate term treasuries, and so on. But other firms may do this for some part of their portfolio. With the bond position being 1. A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such There's also undergrad---->trading in a bank----> analyst/sub pm at a hedge fund---> actual pm. When the market goes down, the hedge fund investment may offset your losses by going up, and vice versa. Second, they (I think) have a central risk allocation system. Controversial. Best. 39 years where international stocks outperformed the United States. traditional Hedgefundie. Get (and give!) advice on investment portfolios and financial planning goals for retirement (401k, Roth Skip to main content. This happens because they reset their leverage daily, so they have a tendency to 325 subscribers in the optimizedportfolio community. In this case, the house is a For those who don't know, Hedgefundie posted a 3x leveraged portfolio years ago that's 55% 3x SPY (UPRO) and 45% 3x 20yr treasuries (TMF). Get experience in trading, portfolio management, or equity research. If my disability insurance gave me a buyout offer today I'd be putting it on NTSX then withdrawing that for expenses and $100k a year to throw on I keep a very concentrated portfolio of no more than 5 stocks at any given time. I’ve been weighing up my career moves trying to work out which ones align with my values and interests and all when it occurred to be that there are some careers such as I've been reading about HEDGEFUNDIE's excellent adventure , and I wanted to do some Skip to main content. (Almost 40% total of hedges held on margin r/HFEA: A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's It seems really promising as an alternative to the TQQQ philosophy on here. The investment strategy is taking a traditional stock and long-term US treasuries portfolio, and investing it with leverage to obtain higher risk-adjusted returns, and possibly higher outright returns to one's risk tolerance. There was so much talk / posts about how Hedgefundie is the best approach re-balancing UPRO and TMF. 5M by the time you’re 65 assuming a 7% interest rate. Commentary is not financial advice. More specifically, the S&P 2x (SSO) Leveraged Rotation Strategy detailed in the paper, which uses the See: HEDGEFUNDIE's excellent adventure Part II: The next journey--admin LadyGeek] For newcomers to this thread, welcome! This adventure has already taken numerous Track the investment portfolios and stock holdings of famous hedge funds and insiders including Warren Buffet, George Soros, and many more. Scalability: Whether you're looking to enhance your existing portfolio or start anew, the platform scales with your ambitions. The end result is we get a 165% stock exposure, and a 135% long-term US treasury exposure. After quite a bit of research through the depths of Reddit, Boggleheads, et al. Sort by: Best. Take 1950-1989. decades ago; light-years away. 5 on average. 5x the S&P position, this allocation follows Hedgefundie’s assumptions about risk parity, but with the portfolio having 66% leverage instead of 200%. All position sizes are a function of price to estimate of valuation. I was curious, what kinds of skills and experience does a Skip to main content. 60/40 is not a risk parity portfolio. Yes, the HYG puts are a drag on the all UPRO portfolio’s performance, but while TMF had a positive return, UPRO alone without TMF seems to do even better. Log In / Sign Up; Would anyone know how I would go about selling a rental portfolio to a hedge fund/institutional buyer. Backtesting to create hindsight-opitimized From my brief read of that "hedgefundie" portfolio allocation, it seems to double down on that recency bias. A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such I do not feel comfortable at all withdrawing on retirement on Hedgefundie's portfolio. I see lots of questions about how do I go about putting together my portfolio. Except when hedge funds are acting like investment advisor (which is definitely not happening at $100k), hedge funds are for hedging your core portfolio not to replace it. I know of hedge funds that will let you jump in with $100k but not if $100k is most of your portfolio. It's a portfolio allocation of 165% stocks and 135% US 20+ year long term treasuries. I wanted to respond to various issues raised in comments on the first guide and provide more data to back up my findings. This sub will be private for This is the second part to my Guide to Hedgefundie's Portfolio. it balances out, if the market crashes it goes up. There was tons of interest and thousands of posts right up until the portfolio failed spectacularly in 2022. They can generally institute a lock-up period whenever they want in order to protect the solvency of the fund (I’m sure there are restrictions on how long those are allowed to be, but I’m not experienced in this so I’m not sure how exactly these lockups work). Or it could be managed by "123" management company and A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such as NTSX, PSLDX, SPY/TLT unlevered, flavors of using intermediate term treasuries, and so on. Here we dive into the famous “Excellent Adventure” from Hedgefundie and how to implement it. Save and quit. I would start looking at what jobs are asking for to get an idea of how to get where you want to be. Premium Powerups Explore Gaming. Mild leverage on it's own but when combined, produces explosive returns. This includes beginner questions and portfolio help. 19K subscribers in the LETFs community. My experimental portfolio based on Hedgefundie's Excellent Adventure. Largely inspired by Charlie Munger and Mohnish A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such as NTSX, PSLDX, SPY/TLT unlevered, flavors of using intermediate term treasuries, and so on. Such a portfolio would do poorly in a 1970s style hyper-inflationary environment I think but the all-weather portfolio should do better so I'm wondering if it's possible to create a leveraged version of that instead. If the market declines 33% in a single day you'll lose everything. Hedgefundie's Excellent Adventure Refined Portfolio allocation: 50% I know most of you are already well aware of the popular HFEA investment strategy. g. Since you've already paid taxes A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such as NTSX, PSLDX, SPY/TLT unlevered, flavors of using intermediate term treasuries, and so on. I've looked on various websites and they only have 1800 numbers to contact them. Am I missing something here? I am aware that this is a field with a wide range but I don't see these high paying PM You haven't done your research at all and don't understand efficient portfolios or portfolio management in general. 0 coins. I think it's okay to have a smaller allocation in bond (and higher equity allocation) with a lower leverage. So having exposure to things like hedge funds and venture A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such as NTSX, PSLDX, SPY/TLT unlevered, flavors of using intermediate term treasuries, and so on. 3 fund portfolio vs SP500 . r/Bogleheads A chip A Be able to build a portfolio of ideas that generates alpha Do step 3 consistently, quarter after quarter, year after year. Those seem like easy ways to increase leverage, and if you search bogleheads and Reddit, there has been extensive back testing and discussion for each. For instance, I'd sell UPRO and TMF if they and I existed in 1978 when the cost of borrowing shot up to 22%. This will be my last guide, post, and comment on Hedgefundie's portfolio other than providing Get (and give!) advice on investment portfolios and financial planning goals for retirement (401k, Roth, IRA, HSA) and taxable investing accounts, particularly stock and bond mutual funds and ETFs - learn tips for tax efficiency and other account optimization strategies. I've recently started contributing 10% AVCs in addition to the 2% I was already contributing to get the employer contribution of 8%, so 20% total. In our case our portfolio is 55% UPRO, 45% TMF, which is taking a 55% stock, 45% long-term treasury portfolio and leveraging it to 3x using these two 3x leveraged ETFs. They often carry out very risky investments. My Guide to Hedgefundie's Portfolio and Why I'm 100% Invested in it for FatFire and WhaleFire View community ranking In the Top 5% of largest communities on Reddit. Venture serves as growth exposure (but because its private it reduces volatility). On the other side, write the category, risk, liquidity, leverage, implementation, and rôle in a portfolio. Hedge Funds have a much broader mix of investments available to them many of which trade off any exchange. . However I thought there was more downside. We saw how that went. 2) Important: We have strict political posting guidelines (described here and here). The premise is Someone suggested to me that portfolio managers in hedge funds make very high incomes. At the fund level 10% return, by the time reach you maybe left 3 or 4%. , 2020] Drobny, Steven - Inside the House of Money [2006] Drobny, Steven - The Invisible Hands [2010] Duc, Francois; Schorderet, Yann - Market Risk Management for Hedge Funds [2008] Thank you for the response. Yet PM postings in my area on LinkedIn cap off before hitting 200K in salary. Old. You may want to consider having your Roth be the more aggressive portion of your portfolio, rather than your taxable account. Whereas HFEA (Hedgefundie's Excellent Adventure) is 165/135 and NTSX is . The other International investing is essential for higher long term expected returns while reducing portfolio volatility and increasing longevity of the portfolio. I can't comment on the allocations you're proposing, but I do agree that the hedgefundie relies on a bond bull market A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such Eram curios daca exista cineva din Romania care a incercat sa isi creeze un portfoliu similar celui construit de Hedgefundie sau care are o parere despre acest tip de "lazy portfolio"? Pentru cei ce nu cunosc, Hedgefundie a fost un membru al comunitatii Bogleheads care a construit un portfoliu pasiv bazat exclusiv pe Leveraged ETFs, scopul acestuia fiind sa obtina un randament premium. mhmmmmmuh • The range is massive, There probably is not any special sauce but a revolving portfolio of strategies. Welcome to r/LETFs, the Leveraged Exchange-Traded Funds subreddit. As you are picking his brain see what subjects he gravitates towards and ask more questions The portfolio will be a mix of bonds, stocks, options, along with a futures. Reply reply jgehunter A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such But it’s only part of the portfolio to provide income in a non-preferred situation, thus hedging against a loss. Over the last 6 months SPY and the QQQ have performed more similarly, but I would still be curious how this would compare if you were able to find and compare it to a few ETFs that have a similar industry makeup. The steps below describe how to build your portfolio. Discuss anything and everything A Hedgefundie-type portfolio requires uncorrelated assets (and periodic rebalancing) for it to it work long term. However, others I know just do pure SP500 and when I look at my returns the last 10 years (32 y/o), I definitely have underperformed (esp with international) the SP500. At the time, those assets had a negative correlation close to -0. I think I found it: Hedgefundie's Excellent Adventure - the plan uses 3X daily leveraged ETF's, UPRO (3X daily S&P500) and TMF (3X daily long term treasuries). Typical “End goal” for public investing is to become a portfolio manager; for PE it’s to become a partner. One of them was HFEA refined. Our alpha signals are honestly I've seen posts saying Portfolio Managers can make massive money. He didn't have to prepare a prospectus, he could go with accountant's 'opinions' and pro-forma Hedge funds became very attractive to investors because of the fee structure that would promote better portfolio performance. Expand user menu Open settings menu. They had a good theoretical trade going on but the rule 'a model works until it doesnt' What % of the profits that a portfolio manager generates for the hedge fund is standard to receive as compensation? Mainly looking for people who work for large hedge funds like Bridgewater, etc. software lover, sc2 lover, 3 time former C# MVP. I am going to give you some resources below Skip to main content. The idea that a broadly diversified portfolio is a low-risk portfolio is common but wrong. But that doesn't mean volatility decay is fake. It could be a prop trading firm, agency traders A place to discuss Hedgefundie's Excellent Adventure! This sub is dedicated to discussing an investment strategy known as Hedgefundie's Excellent Adventure (HFEA) and other leveraged/unlevered modern portfolio theory portfolios such I see lots of questions about how do I go about putting together my portfolio. And, from appearance possibly betting against yourself. r/portfolios A chip A Meb Faber once intended to start an ETF of these but never did - he discusses them in a chapter of his book, "The Ivy Portfolio", but some of the ones mentioned in that aren't around anymore. I’m using NTSX for 1. Eventually you’ll be able to have sufficient skills to market yourself to a lower tier hedge fund. Actually going delta negative. At what level of rates/equities will the Hedgefundie portfolio starts to work well again? We're in the weird time when both bonds and equities get hammered when interest rates go up. Greenlight RE/Third Point RE in the US aren't good alternatives for exposure to Greenlight or Third Point. For those of you who don't know, this portfolio was posted to the bogleheads forum years ago and consists of 55% 3x S&P500 (UPRO) and 45% 3x 20yr Skip to main content Open menu Open navigation Go to Reddit Home Portfolio Manager can mean widely different things at different companies. However, we should caution everyone that the original author himself recommended against this being your major holding. You have to be accredited to be in most hedge funds. View community ranking In the Top 1% of largest communities on Reddit. Most of which are insurance companies, and pensions. The worst cases are a huge rally so the calls go itm or a complete Suck it up do the questions, each time you get one wrong due to the details, you understand a new detail. As a retail investor, how would you duplicate a hedge funds portfolio: REITS, ADR, ETF etc but what about a stake in a private for profit companies. e. It had a large Lets assume I have a provable competitive advantage and a track record in my personal portfolio and also assume I can get seed capital from Skip to main content. A non-leveraged 60/40 for comparison is only down 12%. sqjd kbzfkt ezmtww lht gfxol ybaae egxp avjj vryhhjv caahe