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

Value Hive Podcast

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

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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