Young Hollywood Fund 2.0 (YOUNG)
An experienced trader and a manager who has had more than one fund in the past now wants to turn his attention to the youngest hollywood stars...and there is nothing creepy about that.
"Hollywood is constantly rejuvenating itself with new young talent. The Young Hollywood Fund will trade MovieStocks starring actors born on/after January 1, 1990."
This is an interesting theme, because it appears to be very limiting. Funds that are based on starbonds have a bigger challenge than funds that are based on genres or geographic locations. There are currently only a certain number of starbonds who will qualify for this fund and they will only be attached to a certain amount of moviestocks.
The fund manager must have really thought this thru.
This fund is managed by returning fund manager islander who successfully 'rescued' a previous fund.
The story of islander...
I was minding my business one day when I bumped into islander. I was a little overworked, a little tired, and a little frustrated. It was December 2009 and I had just officially launched The HSX Dude just a month or two ago. I was trying to spend as much time as possible learning how to write articles, learning how to program a web page and trying to stay competitive with my RazorHawk port. In addition to those worries, HSX had asked me to run the Sony Studio Fund for the 2009-2010 season. I was taught in school that you never turn down an opportunity, so I accepted and became a first time fund manager.
It was December 2009 and I randomly bumped into islander, who seemed to be having a bad day. islander expressed how bothered he was with the recent changes being made to the game and that he was bored and was thinking of quitting HSX completely. I begged him to stay. I think grammar was there and she encouraged him to stay. Finally, I thought of a great solution that would solve both islander's boredom and my problem of being overloaded: islander could take over as manager of the Sony Studio Fund. That would free up a lot of time on my schedule and it would give islander a new perspective to play the game from.
islander liked the idea and management was shifted over to him. At last, I could focus most of my time and attention to learning how to run a successful HSX fansite... until HSX contacted me two weeks later and asked if I could 'recuse' (take over a fund that was abandoned by its manager) the DIXIE fund (again, I said 'yes' because you do not turn down an opportunity).
This story is about islander. islander was a great fund manager. He did such a great job running the Sony Studio Fund 2009-2010 that HSX asked him to 'rescue' the We Work Together Fund which had been abandoned by its manager. Again, as expected, islander did a great job turning that fund around (link) and then delisting it (link).
It is great to see islander still so involved at HSX that he is starting a new fund from scratch. After I rescued and delisted the DIXIE fund, I was rewarded by being asked to rescue and delist the BANAL fund. About two months before I expected the BANAL fund to delist, I started making plans to start my own fund from scratch, so I could have the genuine fund manager experience of running a fund from IPO all the way to delist. I hope islander will have the same fun with his new fund experience.
One of the key ingredients to having a successful fund is to spot upcoming trends or recently popular trends and to get a fund that is themed around that trend. Red Tails really revitalized the perception of African Americans in movies and I was lucky to get a fund started at the right time to make the most of that momentum.
islander is lucky to be starting this theme fund at this time. There is a lot of momentum with younger stars right now. Hollywood is looking for new blood to replace the stars who have hung around a lot longer than expected. We have new franchises that are featuring younger casts (Ender's Game, Percy Jackson, Diary Of A Wimpy Kid, Hunger Games, Kick Ass; X-Men First Class...) so this fund will have many movie opportunities to invest in.
Any (slight) concerns I have about the amount of qualified starbonds for the fund are easily and greatly outweighed by the confidence I have in islander and the fund's manager. This should be a fun and profitable fund to invest in.
Good Luck Dude!