I operate a small hedge fund for family members and friends. The portfolio is valued oriented, un-levered, and has concentrated long positions. We The fund has no management fee. And charge a 20% fee on performance above 6%(Hurdle Rate). I write investor letter every half year.
Direct a nonprofit, actively manage my wife's and my shared retirement / investment funds for future benefit and as hobby. Daily research and investment tracking. Mixed portfolio of stocks, ETFs and a few mutual funds locked into 403 b.