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Sometimes I also want to start a fund.
After all, three years of hundreds of times returns, plus daily diligent practice, should be okay.
But I always feel that managing other people's money is not truly free, especially when my own money is in drawdowns. I tend to see it as a good opportunity to add positions.
Managing other people's money, once it declines, might require a lot of effort to explain and soothe emotions. These are all time-wasting activities that affect investment.
However, one advantage of managing others' money is that the scale can be very large. At the same time, for those who have some idle funds but no time or research, it can actually be helpful.
But from another perspective, the best investment might be buying simple things like index funds. Buying indexes, or Bitcoin, or occasionally some high-quality assets I find, in these cases, I actually don’t need to handle the money. I would just suggest they buy it themselves.
So, I think I’ll just be an ordinary free person.