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Launching My First Hedge Fund Months Before the Dot-Com Bubble Burst

Editor's note: During market mania, you need to stay disciplined...

When Stansberry Investment Advisory editor Whitney Tilson launched his first hedge fund, he soon realized that he needed a plan if he wanted to be successful.

You see, blindly following the crowd and pouring money into popular stocks is a risky venture.

In today's Masters Series, Whitney shares the lesson he learned that saved his family and friends money while other investors lost big during the dot-com crash...


Launching My First Hedge Fund Months Before the Dot-Com Bubble Burst

By Whitney Tilson, editor, Stansberry's Investment Advisory

The "scariest" money I ever managed didn't come from a bank, a stranger, or some faceless billionaire...

It came from the people who would be sitting across from me at Thanksgiving.

That's the money I built my first hedge fund on. It was late 1998. I was around 30 years old, I had no formal training on Wall Stree

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