Kuisa mari muHedge Funds Kunogona Kuva Chaizvo Isingakwaniki nevatengi vepurimi
Iye zvino, ndinoda kutora nguva yekutsanangura zvikonzero zvinogona kunge zvisingakwanisi kune vashandi vatsva kuti vawane rusununguko rwehutengo hwemari uye mamwe emitemo inowedzera izvo zvinonzi mari yekusungirwa mari. (Kuchengetwa kwepachipiri kunoreva kuti iwe hauna mukana wekutora chikwereti muhutano senhengo yevanhu, sekutengesa pamusoro pekutengeswa kwemabhizimisi kuburikidza nekambani yekwereti sezvazviri, panzvimbo iyo, inopiwa chete neboka rakasarudzwa vamwe vatengesi chaivo.Nyanzvi, kana mukarahwa wako akatanga sangano idzva kuti abudise chando cheganda rakagadzirwa nemafuta uye iwe wakapiwa mukana wekutenga zvikamu apo hurumende yaive isiri iyo, inogona kuonekwa sehuwandu hwekuisa mari. )
Kuti uchinzwisise zvikonzero zvinoshandiswa nehedge mari zvisingawanikwi kune vanhu vazhinji, unoda kuziva kuti, kunyange zvazvo ruzivo rwemari ruine hurumende yakachengetwa, uye inowanzogadziriswa sechibvumirano chakanaka kana makambani asingakwanisi kubhadharwa , sangano ravo risina kukwana kana sangano risina kukodzera shengo yekambani inofungidzirwa zvivimbiso pasi pemamiriro mazhinji.
Mitemo yakaoma uye inowanzorambidzwa kune vatariri vemari vaduku kuitira kuti Securities and Exchange Commission , kana SEC , inobvumira nzira yakaipoteredza izvi nekuregeredza marudzi akasiyana-siyana emakambani ekutsvaga kwekutsvaga kubva kune zvinyorwa zvinotarisirwa. Zvizhinji, asi kwete zvose, zvekuregererwa uku zvinowanika mune chimwe chinhu chinozivikanwa se "Mutemo D".
Iko pano, muMitemo D kuti iwe uone zvikonzero zvinonetsa kwazvo kuvashambadzi vatsva kuti vatenge mumatombo emari.
Kune imwe nguva, izvi zvingava chinhu chakanaka kumasangano, sekutorwa pamwe chete, vatengesi vemazuva ose vanoita kunge vasina ruzivo rwakawanda, zvishoma nezvekugadzirisa zvemari, uye zvishoma zvishoma, sezvinoyerwa nemari yose uye mari yakakodzera, kuti iwane dambudziko guru rinouya pamwe nevakawanda hedge fund mano. Pane kudaro, bheti yavo yakanakisisa ndeyokudzivisa kuedza kuwana mari yehuta nekukandira muchezheni, kuisa mari yekucherechedza mari kana maitiro asingatauri, zvichida kuburikidza nekodzero dzakagadzirirwa pane imwechete kana vane mazana emamiriyoni emadhora madhora, nekuchengetedza ziso kumagetsi uye kuchengetedza zvinhu zvakadai sehurumende yemari yekubhadhara mari inonzwisisika.
Kunyange zvakadaro, ngatishandure muDheuteronomio D uye towana zvimwe zvezvinodikanwa nemitemo.
Chikonzero # 1: Mutemo D Unoita Kuti Vaya Vasingatenderwi Vabhadhari Vanenge Vane Nhamba Isinganyanyi Kuwanda Kwemavara Panzvimbo
Kunyanya, kune zvikamu zvitatu zvakakosha zvikuru zveMutemo D: Mutemo 504, Mutemo 505, uye Mutemo 506. Iyi mitemo mitatu mumwe nomumwe ane zvisizvo zvakasiyana uye zvinokanganisa asi iyo inowanzobatanidza iyo iyo inobvumira kambani kana hedge fund kubhadhara mari kune vatyairi vasina kuisa mifananidzo yakawanda.
Zvikwereti zvinowanzowanzo kukwanisa kuunza mari kune vanopfuura 35 vasiri varairi vasiri kubvumirwa kana kusimudza mari inopfuura $ 5 mamiriyoni mumwedzi chero ipi zvayo gumi nemaviri. (Kuti uwane mamwe mashoko, verenga Chii Chinonzi Mumiririri Akabvumirwa?).
Chikonzero # 2: Kwemakore mazhinji, Mutemo D Wakazviita Kuti Zvakanga Zvisiri Mutemo Kuzivisa Hedge Fund
Kwemakore mazhinji, Mutemo D Rule 504, 505, uye 506 zvakarambidzwa kushambadzira, zvichiita kuti zvive zvisingakwanisi kuti iwe udzidze pamusoro pemiti yehedge fund kunze kwekuti iwe uine ukama huripo nemumwe mutengesi-mutengesi. Urongwa uhwu hwairehwa kuchengetedza vatengesi asi vamwe vaparidzi vebhizimisi vakatsigira kuti yakapera nguva isati yasvika uye, nokuda kwezvinangwa zvose uye zvinangwa, vakawana SEC kuti vachinje mamiriro avo. Chero chikonzero chipi nechipi, ruzivo rwemahombekombe haruve ruchiri kushandisa kushandisa kukwanisa kuzvitengesa sevamwe vanyori venhau vezvebhizimisi vakafunga kuti ndizvo zvaizoita kuti chigumbuso chirambe chiripo.
Pasinei nokuti izvozvo zvinoramba zvichiitika mune ramangwana sezvo mitemo mitsva ichiva chikamu chemaitiro, nguva chete ichataura.
Chikonzero # 3: Hedge Fund General Partners Vanogona Kubvuma Zvavanoda
Vatungamiri, vashandi pamwe chete, uye vamwe vatariri vehedge fund vanogona kugamuchira kana kuramba avo vaanoda kupinda muhomwe pasina chikonzero, kusarura paanoda. Izvo hazvina kufanana nekutsvaga mari mune mutual funds kana kuisa mari mumatanda apo chero munhu anogona kukwanisa kutenga zvikamu ane kodzero yekuzviita. Izvi zvinogona kubatsira ruzivo rwakawanda munzira dzakawanda. Semuenzaniso, maneja wepodfolio anogona kuve nechokwadi chete kuti vafanisi vemafambisirwo avo vane mvumo imwechete yemiganhu vanobvumirwa, vachideredza kukakavadzana kwemangwana uye zvinokanganisa. Zvinosuruvarisa, zvinoreva zvakare kuti kunze kune nguva yakaoma yekuwana ruzivo kana vasati vambova mumugwagwa weumwe munhu akaiswa mukati, kana zvimwe zvakabatanidzwa, iyo mari. Iyi inzvimbo iyo mabhengi ega ega uye makambani ekuchengetedza mararamiro anogona kuita basa, kuisa vatengesi kubhadhara mameneja uye visa versa.
Muenzaniso wakakwana ndiyo inonyanya kukosha mari mune nyika panguva ino. Apo Warren Buffett akatanga ruzhowa rwemari, kunze kwekuti iwe wakabatana naye, mhuri yake, mutengesi aripo, kana mutungamiri wake, Benjamin Graham, zvimwe ungadai usina kunzwa nezvake. Vadzidzi vake vepakutanga vanomwe vaisanganisira vomumhuri uye mhuri yake yekoroji.
Chikonzero # 4: Iwe Hungasati Watarisana Nezvinodiwa Zvishoma Zvekutsvaga Mari yeHedge Fund
Munhu kana vanhu vari kutasva ruzivo rwemari vanogona kuisa huwandu hwekutsvaga mari pane zvaanoda mumamiriro ezvinhu akawanda. Sezvo kune muganhu kune chiwandu chevatengesi vanogona kubvumirwa pasi peMitemo D Rule 504, 505, kana kuti kuregererwa kwema506, vari kuda kuita chiyero ichocho chakakwirira. Dzimwe ruzivo rwemari dzinoda mari shoma yekusimwa kwe $ 100,000, asi vamwe vangada $ 25,000,000 kana kupfuura! Iyo inongova nyaya yeruzivo.
Ndakamhanyira mukati mangu ini apo ini nomurume wangu takatanga kuronga kutanga kwekuuya kwehupfumi hwedu hwepasi rose. Chimwe chemasangano ekutanga tine chinangwa chekudzima kunze inozivikanwa senhoroondo yega. Kunyange zvazvo isiri hedge fund, uye saka haisi pasi pemitemo yekusungirirwa yatinenge tichikurukura mundima iyi, urongwa huno huchaita kuti ruzivo rwakakosha uye rwakakwirira ruve rwevanhu, mhuri, uye masangano ekugadzirisa nhoroondo kumunhu wechitatu anochengetedza zvekusarudza kwavo uye zvino kupa simba redu rekuziva pamusoro paro; simba ratinoshandisa pakuvaka nekuchengetedza podfolio yefajike ivo vachishandisa iyo inyanzvi yekutsvaga mari yatinoshandisa pakuchengeta pfuma yedu yemhuri. Munzira dzakawanda, zvakafanana nekuve nehana yega yega mutual fund yakagadzirirwa iwe pachako; nzira yekuedza kuyananisira kubhadhara mitero yevimbiso yega yega nekunakidzwa kwekutsvaga basa rose kumushandi wemapurisa wepodfolio. Inowanzobatanidza kusanganisira mari iyo yakawanda kwazvo kudarika hedge fund, kunyange zvazvo ine zviremera zvinoregererwa. Somuenzaniso, hedge fund inogona kutora chikwereti chebhangi uye inowana makambani ose, ausingakwanisi kuita nekambani yega yega patinenge tavaisa.
Apo patakanga tichishanda pachigadziro, ini ndakatanga kuedzwa kuti ndiise mari shoma iri pakati pe $ 1,000,000 ne $ 5,000,000. Yaiva murume wangu akandikurudzira, mushure menguva zhinji, masikati makuru uye manheru okukurukurirana, kuideredza kusvika kuma $ 500 000. Kunyangwe zvakadaro, pandakazvizivisa, ndakanzwa kubva kune vanhu vazhinji vakanga vanyadziswa. Ndanga ndichiedza kutsvaga nzira yekuwana zvakaderera pasi kusvika $ 250,000, kunyanya pakutanga kwevanhu vari pakurindira rwandu, ruchiri kure nekusvika kwechimiro chemuzinda weAmerica.
Handina kuzviita kunze kwechido chokuregedza. Ichokwadi ndechokuti, zvakaoma zvakanyanya kushanda zviduku zviduku kusvika kumitemo yandinoda kuti ndive yakasimba uye ini handifariri kubhadhara rudzi rwemari yakawanda mabanki emunharaunda nemakambani anotendwa. Izvozvo zvinoreva kuva nekuvhara magonhi kune ruzhinji rwevanhu. Icho chisarudzo chechirgmatic chinobva pakutsvakurudza kwekutsvaga-nhamba uye nhamba. Zvichida, rimwe zuva, tichatanga kutengeserana mari kana kutengesa mari yekutengesa mari yedu pachedu kuita kuti sangano redu riwanike kune vashoma vashandi munzira iyo dzimwe makambani ane - pane pasina mubvunzo vatengesi vanosimudzira kunze uko vanogoverana nehukama hwedu hwekutsvaga mari, kukosha-kutarisirwa nzira, uye kubhadhara mutero - asi zvechokwadi zvinetso.
Pakupedzisira, Usakanganwa Kuti Hedge Fund Haisi Iko Rudzi rwekutsvaga, Icho Chigumo cheGeneric Chinovhara Mvura Yepamberi uye Hazvikwanise Kuronga
Apo mumwe munhu anoti vakatenga "hedge fund", haisi kukuudzai chero chinhu. A hedge fund haisi kureva kubhadhara kwakanaka zvakare kudarika kukoka kwezviyo kungave kwakanaka kana kwakaipa. Inongova izwi rinotsanangurwa rinokuudza kuti uri kutarisana nedzimwe rudzi rwekutsvaga mari yekushambadzira iyo ingangodaro isina kubhadharwa neC SEC nokuti inowira pasi peimwe yeMitemo D Dheuteronomio. Iwe unogona kuva neheji yezvikwata zvinoshandiswa pakutenga uye kutengesa mahotera, imwe yakatenga mabhizimisi pamutengo wekutsvaga mari, iyo yakatengesa unyanzvi hwakanaka, kana uyo akatenga uye akatengesa mhuka dzisina kukwana dzakapfeka! Hedge fund ingave isina chikwereti kana yakanyanyisa. Inogona kutarisa mabasa ayo pane zvinhu mukati meUnited States kana kune dzimwe nyika. Izvo zvinyorwa zvezviitiko zvisingagumi.