Me & My Money Series (Sunday Times)

[yeokiwi]

Performance fees are the only way to make real money in this business, at least until you are running $1bn, when 1% is $10m. Setups that are structured to "tick the boxes" for institutional investors from day one may need to run $100m to break even.

I hope you get there soon!
$100m if non-institutional clients ought to be not too bad either...

Well, we all know how good he is. It is just a matter of time.

This is a strange world. You get more valuable and frank opinions free on the net than subscribed magazines/newspapers.