Stop the madness

This week, I’ve decided to throw hedge fund commentary out the window to let you all know how disgusted I am with the amount of texting people are doing. I was leaving the train in Newark the other day when I witnessed a not-so-random act of stupidity.

It seems a mother and daughter were so engrossed in their texting that neither saw the door in front of them and it hit the daughter in the face. They both laughed and continued texting–most likely the daughter posted it on Facebook or tweeted: “Just got a bloody nose when I was texting and a door hit me in the face LOL!”

Really, is this what we have become as a society? What the heck are people saying to each other that is so important that they don’t see a door that hits them in the face? I don’t get it. This is pure and utter madness and, frankly, simply despicable behavior that should not be encouraged.

Last week we had the first HEDGEAnswers call of 2014 and it went quite well. The conversation centered around how there is an opportunity for new managers to succeed, even if they don’t launch right out of the gate with hundreds of millions or a billion or two in assets under management. We also covered marketing and other trends in the industry. To download a podcast or register for the March call, go to www.hedgeanswers.com.

If you are interested in learning more about the future of the investment management industry, you really must check out Operations for Alternatives. This new online community and its pop-up event are singularly focused on the convergence of hedge funds, mutual funds and private equity. The event will be March 5 to 7 at PGA National. To learn more about the community or to register for the conference, click here.

THINGS THAT DRIVE ME CRAZY
I am sick and tired of companies who profess that they care about customer service when in fact all they really want is the customer’s money and nothing else. Recently I stayed in a hotel, the name of which I won’t reveal but it rhymes with Destin. The lack of interest by both the front desk and the hotel manager in helping me with a problem with my room was quite something to experience.
Basically, their response was, there is nothing that can be done and if you don’t like it, don’t stay here again. Well, dear friends, that is exactly what I am going to do, and furthermore I’m warning you to avoid that chain, as well. So there.

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