I started an investment fund in my copious spare time while not analyzing vaccine data. I applied the learnings from vaccine data analysis to the stock market. Here's what happened.
Hi Steve, why are you asking people to have a net worth of 2.7 million dollars to invest in this fund? Doesn't that go against what you have been trying to share? Only ruling classes get to make money.... again? If I don't understand what is involved I'm open to hearing about it as I really don't understand funds and stock markets. Thanks in advance for comments
Steve, you asked for proof of a conspiracy so I'm just posting here in hopes that you see it given that this is one of your latest substacks. Here are some quotes from insiders that were a part of the ruling class. There are plenty more examples, but these are a good start.
"The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the American people can “throw the rascals out” at any election without leading to any profound or extensive shifts in policy." -Carroll Quigley, Tragedy and Hope: A History of the World in Our Time (1966)
"There are invisible rulers who control the destinies of millions. It is not generally realized to what extent the words and actions of our most influential public men are dictated by shrewd persons operating behind the scenes."
"The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country." -Edward L. Bernays, Propaganda (1928)
"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.” –Smedley Butler, War Is a Racket (1935), Chapter 1: War Is a Racket
Investment and Insurance Products Are: Not FDIC Insured • Not Insured by Any Federal Government Agency • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or any of its Affiliates • Subject to Investment Risks, Including Possible Loss of Principal Amount Invested
and wonder what kind of AUDIT they provide and how would I recover my $$$ :)
I think it will be interesting to see how ALL these investment vehicles fare when the heavy/sour crude (doesn't) hit the fan and we exhaust the supply in the Strategic Petroleum Reserve caverns that we've been drawing down since March. Various knowledgeable estimates using somewhat different parameters place this anywhere from two weeks to two months (with one outlier the end of the year). Even if Trump stops repeatedly shooting himself and us in the foot vis-a-vis Iran, it will be AT LEAST 40 days before tankers can reach the 70% of our refineries that can only handle sour crude. But whenever it happens, there is no doubt it will be sudden — all shipping by air and ground (especially food), and all diesel-based farming, will either come to a halt or will become prohibitively expensive. At that point, both the stock and bond markets will be forced to get real, and there's no evidence in their behavior that they have a clue about this. I hope Steve's crew is well versed on the issue — though not for my sake, being $2.5 million short.
The U.S. is nearly self-sufficient in oil and gas reserves although Canada is a major supplier of oil to the U.S. The U.S. also has massive untapped reserves. The facts about oil indicate that there is no reason to worry about America's ability to supply its own oil needs, despite Washington's continuing war on Iran. Traders want us to worry about it, though, because they like energy price volatility.
That's actually not the case. The U.S. is self-sufficient in light/sweet crude, though it doesn't have sufficient refining capacity to handle it all, and has to export a portion of it to be refined elsewhere. But it has zero sour crude. Other suppliers of sour crude for import are Canada, Mexico, Venezuela, Russia, and the Persian Gulf (the Persian Gulf being by far the best in terms of sulfur content). We've cut off Russia with sanctions, and once the Persian Gulf went offline, the Energy Secretary started withdrawing from the Strategic Petroleum Reserve, at a rate expected to terminate in 40 days, an acknolwedgment that we aren't anywhere near self-sufficient. The technicalities surrounding the SPR are truly fascinating. I'd refer you the summary I've been pulling together for the past three weeks at https://dickatlee.com/oil. And any untapped reserves are (a) geologically not sour crude and (b) not something your going to develop in any short-term fashion. No, we're in for a rough time. If you need something shipped, you probably should get it shipped now. If you need something expensive, you'd best get it now while your money is still worth something reasonable.
I neglected to mention that sour crude is the basis for diesel and jet fuel. Sweet crude is the basis for gasoline and many petroleum products. We have an abundant supply of the latter, but not enough refining capacity (30%) to make use of it all, and gas being an international market, at-the-pump prices are going to skyrocket as well. All of this is going to hit prices...
Steve & everyone: Fake 'MONEY' (Greek 'mnemosis' = 'MEMORY') Investment-pilfering is playing the 7000 year 'exogenous' (Latin other-generated') amnesic Oligarch game. 'The house always wins at their game'. 'The people always lose'. Their 7000 year game is mRNA, GMOs, COVID-19 GOF, Pesticides, War, MIC, desertification. Consider playing the humane 'memory' game.
RELATIONAL-'ECONOMY' (Greek 'oikos' = 'home' + 'namein' = 'care-&-nurture'). Real Money recognizes, accounts for & empowers all contributions to the collective 'Domestic' (mostly women) & supportive Industrial & Commercial (mostly men) subsets.
For many 10s of 1000s of years, all humanity's worldwide 'indigenous' (L. 'self-generating') ancestral time-based, equivalency-accounting String-Shell (eg. Wampum on Turtle-Island/N. America, Quipu in S. America & Cowrie in once indigenous Celtic-Slavic Europe, Asia, Africa, Australia & all Islands) remembers, compensates & empowers in decision-making, the contributions of all Domestic, Industry & Commerce stakeholders.
All humanity's worldwide 'indigenous' (Latin 'self-generating') ancestors organized in Cultural 'Fractals' ('fraction, multiplier, building-block, where-the-part-contains-the-whole'). Intimate, intergenerational, female-male, interdisciplinary, critical-mass, economies-of-scale. In-order-to understand real 'money', one must study & research all humanity's once worldwide time-based accounting. String-shell integrates: a) 'Capital' (L 'cap' = 'head' = 'collective-intelligence' from contribution, experience, expertise & decision-making-acumen). b) ‘Currency’ ('flow' as in recognition & empowerment from diverse stakeholders), c) 'Condolence' = 'social-security' for all conditions, d) Collegial 'education' (L. 'educare' = 'to-lead-forth-from-within') Credit, e) time-math-management Communication, f) professional Costume for identification of essential goods & service expertise & more. Https://sites.google.com/site/indigenecommunity/c-relational-economy
Its time for humanity to re-learn about & come to know our once abundant, productive, loving-peaceful relational biosphere-aligned pre-7000 year (since Babylon 5000 BC & Phoenicia (4000 to 0 BC as 'Kingdom-of-Israel + city-states of Tyr, Sidon, Byblos & Beirut') Oligarch ’exogenous’ colonial empire perversion.
We live in a western colonial 'exogenous' (Latin 'other-generated') empire, coordinated by fake 'money' across nations. Real money as in the time-based, equivalency accounting upon the String-Shell Value system keeps accounting centered locally in Multistakeholder Participation accounting. Https://sites.google.com/site/indigenecommunity/relational-economy/participatory-accounting
The empire operating rule becomes, as a most honest & instructive 'exogenous' (Latin 'other-generated') Zionist Oligarch once advised humanity, "Permit me issue & control a nation's money & I care not who writes the laws. The few who understand the system, will either be so interested from it's profits or so dependent on it's favours, that there’ll be no opposition from that class."
Subsequent Empire extensions as Assyria, Persia, Greek, Roman, Spanish, Portuguese, French, Belgian, Netherlands, British & American empires are all commanded & controlled by the same lineage of fake 'money'. "It’s difficult to get a man to understand something when his salary depends on his not understanding it", attributed to Upton Sinclair. Cicero 106 to 43 BC wrote, "Nothing is so well fortified that; it can’t be taken with money". Fake money trickles down from minority share holders who have triangulated control over the US-Federal-Reserve, Bank-of-England & Bank-of-International-Settlements.
Fake money is issued for war-monger multi-TRILLIONAIRE Oligarchy's projects such as the colonization of the world, the Manhattan Project, Military-Industrial-Complex, Pesticides, Genetically-Modified-Organisms GMOs, COVID-19 etc, mRNA. Once fake money silos through these life damaging evils, it trickles down to the rest of us as trained seals to keep feeding this top-down life-incapable monster.
POLITICAL DEMOCRACY BY ITSELF WITH EVERY 'X' IS A DECLARATION OF ILLITERACY.
Pretending & hiding behind the delusion of 'MARK-YOUR-'X'-here' fake 'political' democracy as a popular distraction from what had once been the worldwide system of indigenous Economic Democracy. The true foundation of Political Democracy is only when people are empowered within their specific 'fields of contribution, experience, expertise & decision-making acumen' in Economic Democracy. Https://sites.google.com/site/indigenecommunity/c-relational-economy/8-economic-democracy
Culturally, everyone carries a special 'Brilliance-of-Life' for their family & community. Together, celebrating everyone, we create a loving efficiency of valuing & engaging every person including the elderly, young, middling, sick, healthy, injured etc. for their complementary contributions to 'community' (Latin 'com' = 'together' + 'munus' = 'gift-or-service'). 20% of Multihome-dwellers are extended-families living intentionally in proximity for social & economic collaboration, contributing 2 trillion $/year of the most individually appropriate goods, services, sharing & caring/year to N America. Https://sites.google.com/site/indigenecommunity/c-relational-economy/1-extending-our-welcome-participatory-multihome-cohousing
DO-WE-KNOW-WHO-WE-ARE-? web-based Community-Circular Economy software for Multihomes & neighbourhood empowerment, Do-we-know-? Begins as intranet Virtual Private Network VPN systems, with internet & web-based advertising for individual & grouped Talents, goods, services, resources & dreams as voluntary PERSONAL DISCLOSURE CHOICES within each ~100 person Multihome & neighbourhood Circular-economy enhancing one's livelihood & community. Http://sites.google.com/site/indigenecommunity/d-participatory-structure/9-do-we-know-who-we-are
Mr. Kirsch, this undermines everything you say you are trying to accomplish with respect to health accountability and your efforts will be targeted and discredited based on this endeavor. The fact that you do not see this makes me question everything about your decision making with regards to investments. Good luck but I do not think this is going to go the way you think it will unless your plan all along has been to capitalize on the attention you've received as a medical warrior. Did you learn nothing from Dr. McCullough who is now easily dismissed as simply a purveyor of supplements? The general public does not think the way you do and it is easily misled by ad hominem attacks regardless of how accurate your facts and presentation are. There is a deeper philosophical point to be made here about religion, prophets and messengers of the truth but I will leave you to ponder why those meager types can reach and lead the masses and the wealthy cannot.
I'm baffled by how you think helping my readers diversify their financial portfolio is a disservice. What I have always stood for is people making their own decisions and to research carefully before making important decisions.
It doesn't appear that you read or comprehended the point I was making in response to your spam advertising email. Very weird response. An AI chatbot would have made a better one IMHO. Time for some humility, Steve.
By AI: Kirsch Capital LLC is a US-based, privately managed investment firm and fund of hedge funds manager operating out of Los Altos Hills, California.
It is easy to buy shares but it is not publicly traded hence next to impossible to sell it since Kirsch Capital LLC has no obligation to buy it (from what I know -- corrections will be appreciated).
Hedge funds usually specialize in shorting (betting on a decline) securities. As long as there is an upward-trending stock market, shorting is likely to be dangerous - depending on what's being shorted, of course. I've seen reports that most hedge funds are losers over the long term. That may be because the stock market has trended upward over the long term. Treasury Secretary, Scott Bessent, is said to be a former hedge fund manager.
Lookin' fairly okay - so far! But didn't you start this a couple years ago? What happened?
Not sure if you'll beat the top hedge funds. They too use epidemiological proofs, equations, and failure modes (called "alternative data hypothesis generation"). What else you got? Got any proprietary, point-in-time, cross-validated data sets?
Your graph shows Return, which is an investment's most misleading metric. What's the risk-adjusted return and what leverage are you using? Show us the calmar.
From the short graph I can see you're making the most common retail trader and pro money manager mistake; 80% effort picking stocks/20% architecting out risk. Should be the reverse.
Why? Because of the Kelly criterion (Kelly, 1956) - the optimal strategy is not to maximize expected return but the expected logarithm of return, the geometric growth rate.
Simply stated, "Never lose." (i. e. minimize drawdown) Because if you lose 50% of $100 (so down to $50), you must gain back 100% to get back to $100.
My advice I give people is to diversify your holdings into 10 or more buckets where each bucket is uncorrelated with the other buckets and provides superior performance benchmarks.
One of my grandfathers never bought stock. He had a ranch, rental property and leases on most of his land. He always took half of his profit from these income streams and bought more land.
He told me that they aren’t making any more land and land can be used to make more money.
I wish I would have listened to him better now that I am a lot older !!!
I'd like to see how it does during downturns. "Its all fun and games - until someone loses an eye." Hmm. Can you do a retrospective? "How would it have done during downturns?" Say in 2020.
I wonder how is it possible to validate these findings? Accidental (oe deliberate) mistakes are frequent since litigation is expensive and most penalties are "do not do it again". Not publicly traded -- seller has no obligation to buy it back hence selling is hard or impossible. Other than that, it looks like a great bsn (for the seller :)
Critical thinking has nothing to do with the fact that the majority of us regular folks out here don’t have 2.7 handy and you know it. Don’t be that guy. You will get ratioed.
Ed. Thats what I love about Steve kirsch. We are all equal to him. He is a generous man. You never feel left out. If one does feel left out, its YOU my friend that needs to do a deep dive on yourself. I am myself 2.7 million short and will always be. But quess what? Ive never been more happy in life!
Hi Steve, why are you asking people to have a net worth of 2.7 million dollars to invest in this fund? Doesn't that go against what you have been trying to share? Only ruling classes get to make money.... again? If I don't understand what is involved I'm open to hearing about it as I really don't understand funds and stock markets. Thanks in advance for comments
Steve, you asked for proof of a conspiracy so I'm just posting here in hopes that you see it given that this is one of your latest substacks. Here are some quotes from insiders that were a part of the ruling class. There are plenty more examples, but these are a good start.
"The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the American people can “throw the rascals out” at any election without leading to any profound or extensive shifts in policy." -Carroll Quigley, Tragedy and Hope: A History of the World in Our Time (1966)
"There are invisible rulers who control the destinies of millions. It is not generally realized to what extent the words and actions of our most influential public men are dictated by shrewd persons operating behind the scenes."
"The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country." -Edward L. Bernays, Propaganda (1928)
"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.” –Smedley Butler, War Is a Racket (1935), Chapter 1: War Is a Racket
I went to https://www.schwab.com/resource/form-5500-audit-tools and can see:
Investment and Insurance Products Are: Not FDIC Insured • Not Insured by Any Federal Government Agency • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or any of its Affiliates • Subject to Investment Risks, Including Possible Loss of Principal Amount Invested
and wonder what kind of AUDIT they provide and how would I recover my $$$ :)
I think it will be interesting to see how ALL these investment vehicles fare when the heavy/sour crude (doesn't) hit the fan and we exhaust the supply in the Strategic Petroleum Reserve caverns that we've been drawing down since March. Various knowledgeable estimates using somewhat different parameters place this anywhere from two weeks to two months (with one outlier the end of the year). Even if Trump stops repeatedly shooting himself and us in the foot vis-a-vis Iran, it will be AT LEAST 40 days before tankers can reach the 70% of our refineries that can only handle sour crude. But whenever it happens, there is no doubt it will be sudden — all shipping by air and ground (especially food), and all diesel-based farming, will either come to a halt or will become prohibitively expensive. At that point, both the stock and bond markets will be forced to get real, and there's no evidence in their behavior that they have a clue about this. I hope Steve's crew is well versed on the issue — though not for my sake, being $2.5 million short.
The U.S. is nearly self-sufficient in oil and gas reserves although Canada is a major supplier of oil to the U.S. The U.S. also has massive untapped reserves. The facts about oil indicate that there is no reason to worry about America's ability to supply its own oil needs, despite Washington's continuing war on Iran. Traders want us to worry about it, though, because they like energy price volatility.
That's actually not the case. The U.S. is self-sufficient in light/sweet crude, though it doesn't have sufficient refining capacity to handle it all, and has to export a portion of it to be refined elsewhere. But it has zero sour crude. Other suppliers of sour crude for import are Canada, Mexico, Venezuela, Russia, and the Persian Gulf (the Persian Gulf being by far the best in terms of sulfur content). We've cut off Russia with sanctions, and once the Persian Gulf went offline, the Energy Secretary started withdrawing from the Strategic Petroleum Reserve, at a rate expected to terminate in 40 days, an acknolwedgment that we aren't anywhere near self-sufficient. The technicalities surrounding the SPR are truly fascinating. I'd refer you the summary I've been pulling together for the past three weeks at https://dickatlee.com/oil. And any untapped reserves are (a) geologically not sour crude and (b) not something your going to develop in any short-term fashion. No, we're in for a rough time. If you need something shipped, you probably should get it shipped now. If you need something expensive, you'd best get it now while your money is still worth something reasonable.
I neglected to mention that sour crude is the basis for diesel and jet fuel. Sweet crude is the basis for gasoline and many petroleum products. We have an abundant supply of the latter, but not enough refining capacity (30%) to make use of it all, and gas being an international market, at-the-pump prices are going to skyrocket as well. All of this is going to hit prices...
Steve & everyone: Fake 'MONEY' (Greek 'mnemosis' = 'MEMORY') Investment-pilfering is playing the 7000 year 'exogenous' (Latin other-generated') amnesic Oligarch game. 'The house always wins at their game'. 'The people always lose'. Their 7000 year game is mRNA, GMOs, COVID-19 GOF, Pesticides, War, MIC, desertification. Consider playing the humane 'memory' game.
RELATIONAL-'ECONOMY' (Greek 'oikos' = 'home' + 'namein' = 'care-&-nurture'). Real Money recognizes, accounts for & empowers all contributions to the collective 'Domestic' (mostly women) & supportive Industrial & Commercial (mostly men) subsets.
For many 10s of 1000s of years, all humanity's worldwide 'indigenous' (L. 'self-generating') ancestral time-based, equivalency-accounting String-Shell (eg. Wampum on Turtle-Island/N. America, Quipu in S. America & Cowrie in once indigenous Celtic-Slavic Europe, Asia, Africa, Australia & all Islands) remembers, compensates & empowers in decision-making, the contributions of all Domestic, Industry & Commerce stakeholders.
All humanity's worldwide 'indigenous' (Latin 'self-generating') ancestors organized in Cultural 'Fractals' ('fraction, multiplier, building-block, where-the-part-contains-the-whole'). Intimate, intergenerational, female-male, interdisciplinary, critical-mass, economies-of-scale. In-order-to understand real 'money', one must study & research all humanity's once worldwide time-based accounting. String-shell integrates: a) 'Capital' (L 'cap' = 'head' = 'collective-intelligence' from contribution, experience, expertise & decision-making-acumen). b) ‘Currency’ ('flow' as in recognition & empowerment from diverse stakeholders), c) 'Condolence' = 'social-security' for all conditions, d) Collegial 'education' (L. 'educare' = 'to-lead-forth-from-within') Credit, e) time-math-management Communication, f) professional Costume for identification of essential goods & service expertise & more. Https://sites.google.com/site/indigenecommunity/c-relational-economy
Its time for humanity to re-learn about & come to know our once abundant, productive, loving-peaceful relational biosphere-aligned pre-7000 year (since Babylon 5000 BC & Phoenicia (4000 to 0 BC as 'Kingdom-of-Israel + city-states of Tyr, Sidon, Byblos & Beirut') Oligarch ’exogenous’ colonial empire perversion.
Ancestral knowledge & culture of our many 10s of 1000s of years of ‘indigenous’ heritage in all matters is known worldwide as the CIRCLE-of-LIFE Https://sites.google.com/site/indigenecommunity/a-home/3-indigenous-circle-of-life
We live in a western colonial 'exogenous' (Latin 'other-generated') empire, coordinated by fake 'money' across nations. Real money as in the time-based, equivalency accounting upon the String-Shell Value system keeps accounting centered locally in Multistakeholder Participation accounting. Https://sites.google.com/site/indigenecommunity/relational-economy/participatory-accounting
The empire operating rule becomes, as a most honest & instructive 'exogenous' (Latin 'other-generated') Zionist Oligarch once advised humanity, "Permit me issue & control a nation's money & I care not who writes the laws. The few who understand the system, will either be so interested from it's profits or so dependent on it's favours, that there’ll be no opposition from that class."
Subsequent Empire extensions as Assyria, Persia, Greek, Roman, Spanish, Portuguese, French, Belgian, Netherlands, British & American empires are all commanded & controlled by the same lineage of fake 'money'. "It’s difficult to get a man to understand something when his salary depends on his not understanding it", attributed to Upton Sinclair. Cicero 106 to 43 BC wrote, "Nothing is so well fortified that; it can’t be taken with money". Fake money trickles down from minority share holders who have triangulated control over the US-Federal-Reserve, Bank-of-England & Bank-of-International-Settlements.
Fake money is issued for war-monger multi-TRILLIONAIRE Oligarchy's projects such as the colonization of the world, the Manhattan Project, Military-Industrial-Complex, Pesticides, Genetically-Modified-Organisms GMOs, COVID-19 etc, mRNA. Once fake money silos through these life damaging evils, it trickles down to the rest of us as trained seals to keep feeding this top-down life-incapable monster.
Participatory Ownership board representation of our corporations is better than oppositional Union Http://sites.google.com/site/indigenecommunity/d-participatory-structure/7-participatory-companies
POLITICAL DEMOCRACY BY ITSELF WITH EVERY 'X' IS A DECLARATION OF ILLITERACY.
Pretending & hiding behind the delusion of 'MARK-YOUR-'X'-here' fake 'political' democracy as a popular distraction from what had once been the worldwide system of indigenous Economic Democracy. The true foundation of Political Democracy is only when people are empowered within their specific 'fields of contribution, experience, expertise & decision-making acumen' in Economic Democracy. Https://sites.google.com/site/indigenecommunity/c-relational-economy/8-economic-democracy
Culturally, everyone carries a special 'Brilliance-of-Life' for their family & community. Together, celebrating everyone, we create a loving efficiency of valuing & engaging every person including the elderly, young, middling, sick, healthy, injured etc. for their complementary contributions to 'community' (Latin 'com' = 'together' + 'munus' = 'gift-or-service'). 20% of Multihome-dwellers are extended-families living intentionally in proximity for social & economic collaboration, contributing 2 trillion $/year of the most individually appropriate goods, services, sharing & caring/year to N America. Https://sites.google.com/site/indigenecommunity/c-relational-economy/1-extending-our-welcome-participatory-multihome-cohousing
DO-WE-KNOW-WHO-WE-ARE-? web-based Community-Circular Economy software for Multihomes & neighbourhood empowerment, Do-we-know-? Begins as intranet Virtual Private Network VPN systems, with internet & web-based advertising for individual & grouped Talents, goods, services, resources & dreams as voluntary PERSONAL DISCLOSURE CHOICES within each ~100 person Multihome & neighbourhood Circular-economy enhancing one's livelihood & community. Http://sites.google.com/site/indigenecommunity/d-participatory-structure/9-do-we-know-who-we-are
Mr. Kirsch, this undermines everything you say you are trying to accomplish with respect to health accountability and your efforts will be targeted and discredited based on this endeavor. The fact that you do not see this makes me question everything about your decision making with regards to investments. Good luck but I do not think this is going to go the way you think it will unless your plan all along has been to capitalize on the attention you've received as a medical warrior. Did you learn nothing from Dr. McCullough who is now easily dismissed as simply a purveyor of supplements? The general public does not think the way you do and it is easily misled by ad hominem attacks regardless of how accurate your facts and presentation are. There is a deeper philosophical point to be made here about religion, prophets and messengers of the truth but I will leave you to ponder why those meager types can reach and lead the masses and the wealthy cannot.
I'm baffled by how you think helping my readers diversify their financial portfolio is a disservice. What I have always stood for is people making their own decisions and to research carefully before making important decisions.
It doesn't appear that you read or comprehended the point I was making in response to your spam advertising email. Very weird response. An AI chatbot would have made a better one IMHO. Time for some humility, Steve.
By AI: Kirsch Capital LLC is a US-based, privately managed investment firm and fund of hedge funds manager operating out of Los Altos Hills, California.
It is easy to buy shares but it is not publicly traded hence next to impossible to sell it since Kirsch Capital LLC has no obligation to buy it (from what I know -- corrections will be appreciated).
You can invest and withdraw at anytime, just like any other hedge fund.
Hedge funds usually specialize in shorting (betting on a decline) securities. As long as there is an upward-trending stock market, shorting is likely to be dangerous - depending on what's being shorted, of course. I've seen reports that most hedge funds are losers over the long term. That may be because the stock market has trended upward over the long term. Treasury Secretary, Scott Bessent, is said to be a former hedge fund manager.
There are 2 classes we offer to investors. One involves shorting. The other is long only. Your choice.
Lookin' fairly okay - so far! But didn't you start this a couple years ago? What happened?
Not sure if you'll beat the top hedge funds. They too use epidemiological proofs, equations, and failure modes (called "alternative data hypothesis generation"). What else you got? Got any proprietary, point-in-time, cross-validated data sets?
Your graph shows Return, which is an investment's most misleading metric. What's the risk-adjusted return and what leverage are you using? Show us the calmar.
From the short graph I can see you're making the most common retail trader and pro money manager mistake; 80% effort picking stocks/20% architecting out risk. Should be the reverse.
Why? Because of the Kelly criterion (Kelly, 1956) - the optimal strategy is not to maximize expected return but the expected logarithm of return, the geometric growth rate.
Simply stated, "Never lose." (i. e. minimize drawdown) Because if you lose 50% of $100 (so down to $50), you must gain back 100% to get back to $100.
If you qualify, contact Jason and he'll answer all your questions.
already got a hedge fund.
Investing in real estate, i made good choices, but I don't like losing... and there are no guarantees that you won't lose, when investing.
My advice I give people is to diversify your holdings into 10 or more buckets where each bucket is uncorrelated with the other buckets and provides superior performance benchmarks.
One of my grandfathers never bought stock. He had a ranch, rental property and leases on most of his land. He always took half of his profit from these income streams and bought more land.
He told me that they aren’t making any more land and land can be used to make more money.
I wish I would have listened to him better now that I am a lot older !!!
I'd like to see how it does during downturns. "Its all fun and games - until someone loses an eye." Hmm. Can you do a retrospective? "How would it have done during downturns?" Say in 2020.
we can't go back in time but we've replicated the process 10 years ago and it did really really well.
Downturns should be good for hedge funds because they specialize in shorting stocks.
We anti vaxxers should be exempted from qualifying minimum 2.3 M
i don't make the rules.
Go Bitcoin;))
It looks like it has done petty well.
I am only about $2.3 million short, so I think I will have to wait a while.
I wonder how is it possible to validate these findings? Accidental (oe deliberate) mistakes are frequent since litigation is expensive and most penalties are "do not do it again". Not publicly traded -- seller has no obligation to buy it back hence selling is hard or impossible. Other than that, it looks like a great bsn (for the seller :)
.
we are audited and you can verify with Charles Schwab as well :)
$2.7 million? Are you sure you know your reader base? GTFOH
Yes, because there were about 24 people who qualified who reached out after the posting.
I don't set the rules. This was not my idea. There should be a carve out for critical thinkers.
Critical thinking has nothing to do with the fact that the majority of us regular folks out here don’t have 2.7 handy and you know it. Don’t be that guy. You will get ratioed.
Ed. Thats what I love about Steve kirsch. We are all equal to him. He is a generous man. You never feel left out. If one does feel left out, its YOU my friend that needs to do a deep dive on yourself. I am myself 2.7 million short and will always be. But quess what? Ive never been more happy in life!
again, the SEC set the rules. I think it's really dumb.
If you qualify is there a minimum needed to invest?
yes, $100K. This is because SEC limits the number of investors so 100 investors at 10K is not economical because the fixed costs don't work out.