Stop the madness
This week, I’ve decided to throw hedge fund commentary out the window to let you all know how disgusted I am with the amount of texting people are doing. I was leaving the train in Newark the other day when I witnessed a not-so-random act of stupidity. It seems a mother and daughter were so engrossed in their texting that neither saw the door in front of them and it hit the daughter in the face. They both laughed and continued texting–most likely the daughter posted it on Facebook or tweeted: “Just got a bloody nose when I was texting and a door hit me in the face LOL!” Really, […]
Dont believe what you read
Over the last few weeks there have been a number of articles and press reports on the poor performance of hedge funds and the massive withdrawals that have hit the industry. And while, yes, there seems to have been a number of funds that weren’t able to outperform the S&P last year and some investors seem to be redeeming, over all the industry is quite strong. New fund launches are up, according to many of the lawyers I’ve been talking to, investors are looking to put significant assets to work in multiple asset classes, and all seems to be right with the world of hedge funds. Reports of the industry’s […]