HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
2 posts in one
First a bit of background, I ran the SciFi fund in its last 3 iterations and I think I did an OK job, I delisted it within a year each time and in around 6 or 7 months the last time - the point being I improved. So, hopefully, you can see that I am coming from a place with a bit of experience.
It is difficult to know the strategy that the fund manager is implementing, just by looking at what they are holding and it is certainly not possible to know what they have decided not to invest in and why. It is apparent that you have an interest in Science-Fiction films and are only trying to help, but what you are currently doing to EarlyRetirement is akin to looking over someone's shoulder whilst they are playing chess and suggesting moves.
The reason for the H$100M limit for taking on a fund is that even with that limit, there have been instances of people taking on funds and then abandoning them - the powers that be need a way of gauging if someone is interested enough to play the game for the long term - growing a port to H$100M is a good measure of that as no matter how good a player you are, it is going to take you a few weeks, if not months to do that. Make no mistake, running a fund is tough, you can only invest in 10-20% of the stocks etc. available, so you have to be careful what you invest in.
For SciFi fund... Mar 20, 10:06
2 posts in one Mar 20, 13:16
can you elaborate on the only using 10-20% of the stocks part please...This is interesting insight...Thnx! {nm} Mar 20, 13:29
It's down to the criteria of the fund... Mar 20, 13:43
Good post. Running a studio fund is much more challenging than I expected due to the limited number of options... Mar 20, 13:39
THIS is why i wont take on the task of restarting the horror fund. it requires someone who knows what their doing {nm} Mar 20, 14:48
But you learn by doing - I lost 2m in my first week! {nm} Mar 20, 16:42
Thanks srrichardson as the previous mananager. I have something to add. Mar 20, 17:49
Fund managers are HEROs in my book :) {nm} Mar 20, 19:13
It's not all doom and gloom though :-) Mar 20, 22:57
You might not get a response if Antibody doesn't like your idea Mar 21, 01:07
( when I say "gimmicky reasons" I mean that my idea may have been gimmicky, not the reasons for it being shot down. Mar 21, 01:27
I heard back on OPENRFUND within a month or two. Not really that long a wait {nm} Mar 21, 07:21
That is true, It is certainly not gloom and doom either. I enjoy it very much. {nm} Mar 21, 05:24
Question. How much are you given to manage the Fund? It's separate from your own PORT $$$ account? {nm} Mar 21, 17:19
It's a separate account - you start with H$20M Mar 22, 00:59
Thanks - So all fund start @ $20 dollars... {nm} Mar 22, 09:02
Studio funds start at 10M but run for a year, regular funds start at 20M and delist at 100m - no time limit {nm} Mar 22, 09:47