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Thanks everyone. And just as Roger Moore decided that seven Bond movies was enough, I've decided that my 7th go at CAINE is my last.
I didn't start CAINE . It has been around since at least 2000, when Binky Chicken ran two or three iterations of the fund. I only resurrected it/stole the idea in 2008 when I was looking for something to do. But it's time to move on, and maybe someone else would like the chance to run it.
CAINE has been a great, fun fund to play. It has fewer eligible starbonds than a lot of other funds, but because most of those actors are always working and always in demand, you get to play most of the big opening weekends, and there are usually some big starbond adjusts along the way.
Managing a fund is always a commitment - to do it, you have to check in every day and be aware of what opportunities you're invested in and what ones you are missing out on. However, while it's called the Hardest Working Fund, I'm not the hardest working fund manager. My strategy has focussed on long-term holds and moviestock and starbond adjusts, with some casual trading now and then. But the fund has always managed to delist within a year of IPO. So if you'd like to manage a fund but think it would involve too much time or pressure, this one doesn't have much of either.
However, there's also lots of potential to push the fund harder through day-trading, as well as basic stuff like investing in calls, puts and OWs, which I always forgot to do. So if you're looking to test yourself with a high performance fund to bring to delist as soon as possible, this could be it.
Anyway, if you are interested in running a future version of CAINE, apply to D.Mac. RH has a couple of columns on his site about how to apply, so check those out first:
http://www.hsxdude.com/7/post/2011/08/tutorial-so-you-want-to-be-a-fund-manager.html
http://www.hsxdude.com/7/post/2010/02/fund-week-how-to-start-a-fund.html
Well done CaineFund for hitting $100 Dec 26, 11:35
Congrats, well done! {nm} Dec 26, 12:31
Congratulations {nm} Dec 26, 12:33
congrats {nm} Dec 26, 16:51
Thank you! {nm} Dec 26, 17:45
Great Great ....now make MCAIN an automatic eligible..[CAINE] {nm} Dec 26, 18:49
Thanks everyone. And just as Roger Moore decided that seven Bond movies was enough, I've decided that my 7th go at CAINE is my last. Dec 27, 09:00
well, that's a bummer, but thanks for your efforts and H$! {nm} Dec 27, 09:47
I have other plans for a new fund in a month or two, but real life is busy right now. {nm} Dec 27, 10:36
Great run, thanks for making us all a lot of money! {nm} Dec 28, 09:19
