Value Hive Podcast

How To Start A Hedge Fund: Yaron Naymark & @madThunderdome


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Hey guys! Today is all about how to start a Hedge Fund and we have two amazing guests Yaron Naymark founder of 1 Main Capital and the anonymous twitter account @MadThunderdome to tell us all about it. Yaron Natymark shares his experience on bootstrapping a hedge fund while @MadThunderdome shares his experience on launching his hedge fund at an institutional level. 

Here is the time-stamp of the conversation:

  • [0:30] Introduction  
  • [2:20] Yaron Naymark founder of 1 Main Capital: Bootstrapping a Hedge-fund 
  • [8:50] Thunderdome Capital: Launching a Hedge Fund at Scale. 
  • [18:20] How to differentiate your fund?  
  • [24:20] Essential costs when bootstrapping a Hedge Fund. 
  • [29:00] Non-Essential costs when launching Hedge Fund at Scale. 
  • [32:00] Twitter Q&A: How to Balance Amount of Capital vs Terms of that Capital? 
  • [43:00] Twitter Q&A: How to find ideas?  
  • [47:38] Twitter Q&A: Differences running your own money and your fund’s money?  
  • [1:00:00] Twitter Spaces Q&A: Biggest mistakes people make? 
  • [1:05:00] Twitter Spaces Q&A: Fund Size is an enemy of returns? 
  • [1:12:00] Twitter Spaces Q&A: Fee Structure and Operating Expenses per annum?
  • Also big thanks to the following sponsors for making the podcast a reality!

    Quartr

    Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se

    If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android.

    Tegus

    Tegus has the world’s largest collection of instantly available interviews on all the public and private companies you care about. Tegus actually makes primary research fun and effortless, too. Instead of weeks and months, you can learn a new industry or company in hours, and all from those that know it best.

    I spend nearly all my time reading Tegus calls on existing holdings and new ideas. And I know you will too. So if you’re interested, head on over to tegus.co/valuehive for a free trial to see for yourself.

    Mitimco

    This episode is brought to you by MIT Investment Management Company -- also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests with a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. In order to help the emerging manager community more broadly, they created emergingmanagers.org, a website for emerging manager stockpickers. 

    For those looking to start a stock-picking fund, or those just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and more. 

    MITIMCo also occasionally and opportunistically hires new members for their investment team. To view the job description, please visit

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    Value Hive PodcastBy Brandon Beylo

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