Gary Cooper?
“What ever happened to Gary Cooper?” is a theme carried throughout The Sopranos – a question that Tony keeps asking as observes the men he is surrounded by. Lately, I have been asking myself a similar question as I survey the hedge fund landscape. I don’t know what happens after the screen goes dark at the end of Tony’s world, but I do know what is happening in the hedge fund community and, friends, it is not good. Today, right now as 2008 gets started, every Tom, Dick, Harry and Sue Wall Streeter thinks that they can become a hedge fund manager. They think that because they buy expensive jeans, […]
A Pep Talk of Sorts…
It’s the first full trading week of the New Year and, ladies and gentlemen, it is time for you to do something in the market. Start making trades, start finding ideas and start making money for your investors and yourself. Over the last few weeks, I have been hearing a lot managers and would-be mangers crying in their beers about the fact that 2007 was a tough year. Well, guess what? The year is over and it is time start anew. One of the most beautiful things about being in the money management business is that come January 1 the slate is wiped clean, you start fresh and the past […]