Manager Jamie Stern
Luck and talent play an important role in a trader’s future career. If you look at the success stories of most hedge fund owners, you will immediately see that in trading, as in any other profession, success is achieved by starting your journey from the very bottom.
In most cases, your idol ran around the exchange floor and delivered orders to brokers, conducted analytics and was engaged in research activities until his time came.
The most interesting thing is that statistics among all managers indicate that a trader approaches the creation of his own hedge fund only after forty years, when he has not only talent, but also practical experience.
However, sometimes the talent of some people is so enormous that, contrary to statistics, young people achieve stunning success. In fact, you will get acquainted with the biography of one of these managers in this article.
Jamie Stern's childhood and youth remain a mystery to many biographers, since this young man is still far from making his name in history, but most investors already know his name.
Jamie was born not so long ago, namely in 1988. It is known for certain that Jamie was a very talented and diligent student, and he was very much in love with history.
The first job is the first step to the top.
After graduating from Harvard, Jamie Stern became seriously interested in the stock exchange and finance, so his first job was Maverick Capital.
Jamie held the position of analyst at the company for one year, but this period was enough to realize his potential and decide to continue studying, but in a new direction.
After only one year with the company, Jamie Stern moved to BeaconLight Capital in 2011, where he took up the position of investment analyst and consultant.
He also didn’t last long at his new job, only one year, but he got a new promising chance to really get involved in financial management at Greenmantle LLC, where he started working in 2012.
The most interesting thing is that by the time he joined Greenmantle LLC, Jamie Stern had earned an impressive amount of money for his studies, so when he took up his new position, he entered Harvard Business School and successfully continued to study and work until he received his MBA degree in 2014.
Obtaining a Harvard MBA degree, as well as the accumulated experience, allowed him to be noticed by the large giant Third Point, where Stern was lucky to be subordinate to Dan Loeb himself.
Jamie worked actively in the company for two years, receiving huge sums as a bonus and interest for excellent profitability. By the way, it was work at Third Point that allowed me to acquire my own capital for further development.
Creating your own Hedge Fund.
In 2016, simply stunning news thundered across all news resources. At the age of 28, Jamie Stern founded his company called Skye Global Management with a capital stock of $75 million.
The most interesting thing is that Stern is one of the youngest managers in the history of creating hedge funds, since the youngest was only the eminent trader David Einhorn, who founded his fund at the age of 27.
Of course, such a young manager did not inspire great confidence on the part of the investor, but the company’s large capital allows the fund to exist without third-party funds.
The fund's 2017 filing shows the fund already has more than $127 million under management. That is, the fund’s capitalization increased over the year by $52 million, or 66%.