SEC新ルールが投資家にもたらすコスト
There has been quite a lot of material about the new SEC rules for the Private Fund industry. If you missed all the emails, webinars of which I am guilty of participating and missives – I applaud your ability to filter a lot of this noise. Every law firm, compliance firm, audit firm, and administration firm are licking their chops because of the new fees these rules will generate for implementing these manager requirements. The only ones who should be upset are investors. Investors should be extremely angry that the Commission which is supposed to be looking out for their best interest is costing them money and giving raises to […]
すべて順調、落ち着いて
My market commentary this week is simple – make sure you have dry powder, keep a clear head and make good decisions. Sometimes the best reaction is no action or a least not a quick reaction. Clearly the global economy is in a tizzy and while it looks like things will get worse before they get better, remember this, it will get better. We will recover, sure it could take some time but in time, things will get better. In the meantime, remain calm, keep a clear head and don’t do anything silly or stupid. With that, I am moving away from the market commentary to comment on actors, artists […]