"...do you think fund managers or high net-worth individuals value an individual investor's 130% return in 2 years highly?..."
Steve168, first I believe you will be very successfull. I believe you have the passion needed and the desire for continued investing success.
"...Do you think fund managers or high net-worth individuals value an individual investor's 130% return in 2 years highly? I can provide all monthly statements for verification but will people think I was just lucky?..."
Most people, including me, come across people who are terrific in certain markets (bull, bear markets). Succeeding in mediocre markets is a more difficult chore. I come across more high net-worth folks who have an "attitude" and are very reluctant to give second chances to money managers. They will pull their money out in a NY minute if they feel the $ manager is underperforming or someone else can do better. You want to ensure that your stable gives you ample rope to success vs. hang yourself. Everyone will have difficult stretches and you don't want to fail because you run into a temporary tough market. Establish appropriate agreements and terms for investors.
The high-net worth folks will want to audited financial results -- indicating how you made your 130%. Many will simply believe you got lucky -- nothing you can do but prove them wrong.
"...Could you recommend some fund managers who value hard cold numbers more than the "general knowledge and presentation" for me to approach?...
Individuals I would recommend include: Marty Whitman @ thirdavenuefunds.com, Bob Olstein @ olsteinfund.com (I think that's the right site!) of the Financial Alert Fund.
I would also recommend doing the following actions to prove your point to the public & high net worth:
1) do a thorough writeup on a stock that's your favorite undervalued company for valueinvestorsclub.com (Mr. Tilson is close friends with the founder of this site.). If your article is deemed appropriate, then it will be put on the site and make a positive influence with folks like Mr. Tilson.
2) try doing a little freelance writing for realmoney.com or the other financial sites. Submit an article to an editor @ realmoney.com, fool.com, or any site that will take it -- with acceptable word maximums as on-site locations have in place. Trust me, if you are good with your writeup then the possible scenarios are: 1) they will publish the article and the world will read your analysis and see you sink or swim, 2) your article will be rejected and you can point out their faulty editorial decision by the gain in your stock recommendation.
3) I respect the way Arne Alsin (alsincapital.com) took to financial success. He took on individual accounts, as described on his website, and now is all over the media and opening a mutual fund. Arne and Bob Olstein know the numbers better than anybody. Whatever insight they can provide, via emails and/or articles, would be my way to go.
A couple of sites that may provide some helpful insight: hedgefund.com investmentadvisor.com
I believe in doing things in class. Choose the right direction you want to go. Model yourself after the honest, classy money managers out there. Just my two cents. |