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 Effect of the SAC Indictment or Lack Thereof…
Over the last few months hardly a day has gone by without some news story about SAC Capital. It seems that journalists around the globe having been filing stories en masse about everything and anything having to do with the government’s case, Steve Cohen’s art collection and his recent real estate acquisitions. Last week the […]
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 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 […]
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 […]