I have heard it all…
This early morning while working at my desk, reading the wires and the blogs to make sure I was up on the day’s news, I heard from my trusty television – which is tuned automatically to CNBC and the Discovery Channel – the “true” difference between hedge funds and private equity funds. According to a talking head, private equity funds are around for such a long time that is hard for them to be fraudulent. Hedge funds, on the other hand, are comparatively new so it is easy for them to be fraudulent. This is complete nonsense. It is truly nothing more reporting run amok. The idea that the length […]
私は試合に出るつもりだ...
Over the last week or so, I have received a number of questions asking what is the most important thing to do when launching a fund. My answer has been and always will be the same – START. It takes a lot of guts, some glory and a fair bit of financial wherewithal to go out on your own but if you want to succeed at this “sport”, the only way that you actually can make it is if you get in the game. And the only way to get in the game is to get the documents done, find some investors and start trading! There is probably a checklist […]