Experience matters…
Over the last week or so I must admit that I haven’t been paying much attention to the hedge fund world, as I have been singularly focused on my beloved Red Sox. Once again, the Beantowners are the American League champs and are up one game to none in the Fall Classic. As for hedge […]
All worked up for nothing…
Over the last year-and-a-half, maybe more, the threat of the enactment of the JOBs Act has had advertising sales folks licking their lips in anticipation of dollars from hedge funds. Well, the law went into effect and guess what? Nothing happened. The billboards in Times Square are still focused on coffee, booze and clothes and […]
The Future of the Hedge Fund Industry…
Even for small fund managers, the hedge fund industry’s outlook is quite bright. The debate over survival of funds with less than $100 million has been heating up as it seems many both in the popular press and in the industry believe that smaller managers can’t make it. I think they’re wrong and I think […]
Let The Games Begin…
The SEC announced that it is finally ready to vote this week on the provision of the JOBS Act allowing hedge funds to advertise. Scheduled to take place July 10, a successful vote would lift the 80-year-old ban on hedge funds’ ability to market to the masses. Wall Street’s forbidden fruit would then, for intents […]
The Machines Are Taking Over…
Is it me or are people spending way too much time speaking, texting and using their supposedly smart smartphones? It seems that no matter where you go, what you do, someone is always on the phone. What does these people to have to say? Am I missing something? Standing in line at Starbucks, text your […]
The problem with technology!
I apologize for not writing in the last few months. I have no one to blame but myself, even though I have a lot to say. The problem is that I just don’t know how to say it. That being said, here goes: Over the next few months, you will notice a significant change in […]
We need get mad to avoid being SAD
Ladies and gentlemen, I want you to get mad. With the start of summer just around the corner and the spring flowers in bloom, we need to get mad in order to avoid SAD: self-assured destruction. Many of us remember the Cold War acronym MAD, for mutually assured destruction – the military doctrine that the […]
The Mommy State
Rule number one – sometimes you lose and don’t get a trophy. Rule number two – when you lose and you don’t get a trophy remember the feeling, work harder next time and if still lose, repeat and do it again eventually you should win. However, everyone is not entitled to a trophy! Do you […]
What a bunch of nonsense…
Black Friday, Cyber Monday, Twofer Tuesdays, Wacky Wednesdays and Thirsty Thursdays. What a bunch of nonsense! Things are in a sorry state when the lead story on the news is how much more crap was sold this year than last and how buying stuff is going to stave off the double-dip recession, increase employment and […]
To Link In, or Not to Link In – This Is Part Two
First, I apologize for not writing over the last couple of weeks. I’ve been preoccupied with finishing the Second Edition of The Fundamentals of Hedge Fund Management. I handed in the book today, so now I have plenty of time to resume my blogging activities. Also, I apologize for the last post being one about […]