Currency Trading Hedging
Is starting a hedge fund business the fastest way to become a billionaire via investing, and ……..?
I am 18, and have a very strong interst in the financial markets, especially the stock market. My next favourite is the currency market which I’m rather good at and then the commodities markets. I know that investing and trading a 2 seperate things. I also know that trading is more like speculating than investing and can carry a high degree of risk to your capital. I happen to have a plan however for the idea of how a good hedge fund could operate, and that is to invest into distressed assets such as undervalued stocks that will surely bounce back with time applying value investing techniques. I know that some hedge fund managers do this and I’m very inspired by their successes. My favourite guy here is David Teppen or whatever his name is who made $7 billion for his fund this year, 2009. What I would like to know is, is starting a hedge fund as such the fastest way to become a billionaire via investing in the financial markets? Please give a good reasonable answer. Thanks.
There is no such thing as ‘fastest way to becoming a billionaire’, if there was everyone would be rich. Don’t take a job for the money, take it because you like it. Don’t get greedy, as an investor myself I can tell you I have seen lots of people lose everything because they were greedy.
Good luck!
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