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We sought out these extraordinary people to sharpen our understanding of how to build thriving communities like theirs. Today, the meaning of “community” can be ambiguous. But true communities are simply groups of people who keep coming together over what they care about. The most vibrant communities offer members a chance to act on their passions with one another. Our conversations with these different clubs, networks, and societies have led to one big takeaway. The secret to getting people together is this: build your community with people, not for them. Amateurs try to manage a community, but great leaders create more leaders. Nearly every challenge of building a community can be met by asking yourself, “How do I achieve this by working with my people, not doing it for them?” In other words, approach community-building as progressive acts of collaboration—doing more with others every step of the way.
Get Together
Bailey Richardson, Kevin Huynh, and Kai Elmer Sotto
So a lot of the members are hedge fund managers? We originally wanted individuals. Actually, the first person who inspired this idea, the one who had posted his analysis of a complicated trade on a Yahoo message board, had a job working in a supermarket. He is a brilliant guy, and he is now working as an analyst. The people in the club have varied backgrounds. Although we had envisioned it as a club for individual investors, it quickly attracted a lot of professionals who wanted to share in the ideas. About half of the 250 members in the club are professional managers.
Hedge Fund Market Wizards
Jack D. Schwager
If I needed to wake up real quick, I’d put on “Swing Low Sweet Cadillac” or “Umbrella Man” by Dizzy Gillespie. “Hot House” by Charlie Parker was a good record to wake up to. There were a few souls around who had heard and seen Parker play and it seemed like he had transmitted some secret essence of life to them. “Ruby, My Dear” by Monk was another one. Monk played at the Blue Note on 3rd Street with John Ore on bass and the drummer Frankie Dunlop. Sometimes he’d be in there in the afternoon sitting at the piano all alone playing stuff that sounded like Ivory Joe Hunter—a big half-eaten sandwich left on top of his piano. I dropped in there once in the afternoon, just to listen—told him that I played folk music up the street. “We all play folk music,” he said. Monk was in his own dynamic universe even when he dawdled around. Even then, he summoned magic shadows into being. I
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