00:50:17 · Mikk, Deiya Pernas
[00:50:17] S0: least least I can do to to promote a bit. Because I was the one reaching out to you because I really wanted to learn how you how you analyze businesses, how you think, and, yeah, feel free to share more of what's what's next for you. [00:50:30] S1: Yeah. Thank you. So our whole the whole concept you can find is the structure is aligned so that we earn a fee when we outperform the S and P 500 and the accounts at a high watermark. It's not built around asset gathering, which is why we don't charge enough management fee. It's purely around how it should work. The reason people invest in a hedge fund is either they're trying to outperform an index or some sort of maybe specific hurdle. And you should only get paid essentially if you perform in the way that the investor hopes. So the whole thing is that we make money if we have front end SP. We think we're pretty good at what we do. And we're raising capital to that effect. And this is something that was driven by our reader base, which is like, hey, we got some best capital. Maybe I don't have the time to make some of these trades or invest in some of these positions, but I would like to invest. So it was always in the cards for us to eventually do it. It just raised some money's hard, starting fund is hard. So it took us a bit of time. But yeah, happy with launch, and launch will be effective around October 1. [00:51:42] S0: Mhmm. Now... And folks who would like to find more information, read read more about what you do, where should they write, how they can reach out to you?
00:51:42 · Mikk, Deiya Pernas, Dean Pernas
[00:51:42] S0: Mhmm. Now... And folks who would like to find more information, read read more about what you do, where should they write, how they can reach out to you? [00:51:52] S1: Pernasresearch.com is really kind of our front facing, you know, entity to the world, and that's kind of where they they... All all all our research over the New Year is public, including the papers about poker investing and a lot of our thoughts about different themes and drivers and so on. There's so much information on that site. They don't even have to pay for anything. There's just tons of information on there if they want to go and learn more about what we do. [00:52:16] S0: Okay. Awesome. Guys, this was an hour well spent. Thank you, Deiya. Thank you, Dean. And talk to you soon. [00:52:23] S2: Thanks, Mikk. Appreciate it. [00:52:24] S1: Thank you.