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Julian Marchese. Julian was introduced to Nathan by a mutual friend and he\u2019s the CEO and portfolio manager at Marchese Investments in New York City. Julian is only 21 and was already featured in Bloomberg, CNBC and Dragon's Den, which is Shark Tank of Canada, where he managed to get 4 out of 5 dragons in the den that showed interest.

Famous Five:
Favorite Book? \u2013 Market Wizards
What CEO do you follow? \u2013 Peter Jones
Favorite online tool? \u2014 Quantocracy.com
How many hours of sleep do you get?\u2014 6-7
If you could let your 20-year old self, know one thing, what would it be? \u2013 \u201cMulti-strategy\u201d

Time Stamped Show Notes:
00:51 \u2013 Nathan introduces Julian to the show
01:47 \u2013 Going into the hedge fund world has always been Julian\u2019s passion
01:55 \u2013 Julian was introduced to the world of investing by his parents when he was 11 years old
02:50 \u2013 When Julian turned 18, he decided to start his own firm
02:58 \u2013 He waited until he reached the legal age
03:27 \u2013 Julian took a course in Toronto and people in press found it fascinating that he was studying trading at a very young age
03:48 \u2013 A lady took it upon herself to take Julian\u2019s story and publish it
04:05 \u2013 Some of Julian\u2019s first investors saw his story from the media
05:00 \u2013 Julian wanted to build a community for young learners like himself
05:10 \u2013 A lady emailed Julian because she wanted her daughter to join
05:36 \u2013 Julian met the lady and her daughter when they were in Toronto
05:51 \u2013 2 years later, the lady invested $75K for 1% of Julian\u2019s management company
06;11 \u2013 The management company has raised $675K with a $4M valuation
06:38 \u2013 Hedge funds usually have multiple entities who have different roles
07:28 \u2013 Julian also pays himself for personal expenses which is around $25K to $30K
07:53 \u2013 The other costs are on the management company side
08:44 \u2013 The investors make money from the GP interest accumulated
09:43 \u2013 Julian was able to raise the $6M capital through value generation
09:45 \u2013 \u201cI\u2019ve been managing money since October 2015\u201d
10:07 \u2013 The best months for Julian are the months where the market is down
10:28 \u2013 Julian latest deal was an institutional money manager
11:03 \u2013 Julian isn\u2019t doing traditional investments
11:42 \u2013 Julian explains how he does his investments
11:45 \u2013 First, they\u2019re able to trade volatility and how much the market moves up or down
11:59 \u2013 Most people invest in the stock market, they want to benefit with the stocks are up, but they also want protection when things go down
12:21 \u2013 One of Julian\u2019s strategies is to systematically sell insurance
13:04 \u2013 The investment return depends on the investors
13:40 \u2013 If you put in a million dollars in October 2015, today you will now have $1.2M
13:50 \u2013 You can take it all or leave any amount you want
14:09 \u2013 They now cater to different types of clients
14:36 \u2013 Julian doesn\u2019t worry too much about what other hedge funds usually worry about
15:10 \u2013 Julian worries more about their process and how can they develop more
15:20 \u2013 The real risk for Julian is when there\u2019s something wrong with his analysis process
15:45 \u2013 Strategies are reciprocal
17:04 \u2013 Julian has multiple strategies and none of those strategies are correlated
17:53 \u2013 Brexit can affect the volatility strategy but it\u2019s a selective strategy and not always in the market
19:03 \u2013 \u201cThe main risk to us are not macro events like a stock market crashing\u201d
19:40 \u2013 Julian makes money from 53-55% of their trades
19:49 \u2013 They try to limit their exposures
20:02 \u2013 \u201cThe risks are very circumstantial\u201d
21:20 \u2013 Julian is unsure of his future positioning, but it\u2019s completely content specific
23:23 \u2013 The Famous Five

3 Key Points:
Having multiple strategies can help you stay on track.
Start as early as possible\u2014you are building your skills and knowledge base for the future.
People desire taking risks in trading and stocks, but they also need the securities in place.

Resources Mentioned:
The Top Inbox \u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
GetLatka - Database of all B2B SaaS companies who have been on my show including their revenue, CAC, churn, ARPU and more
Klipfolio \u2013 Track your business performance across all departments for FREE
Hotjar \u2013 Nathan uses Hotjar to track what you\u2019re doing on this site. He gets a video of each user visit like where they clicked and scrolled to make the site a better experience
Acuity Scheduling \u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
Host Gator\xa0\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible
Audible\xa0\u2013 Nathan uses Audible when he\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books
Show Notes provided by Mallard Creatives