What you actually need to start a hedge fund: - A long & phenomenal track record of making a LOT of money trading for big name firms, ideally in a new or "hot"

What you actually need to start a hedge fund: - A long & phenomenal track record of making a LOT of money trading for big name firms, ideally in a new or "hot" market - Have clout and a great reputation in the city or on wallstreet, pref both - Have lots of "ins" with big fund and asset managers who can connect you to people who have a $100m to invest.