Call me bullish
Everybody is down on the markets these days, except for me. True, I do believe the economy is weak and that there is little if any real job growth, but that being said, there are still opportunities out there and now is the time to start evaluating them. That being said, I am the last guy anyone should listen to for investment advice. As many of you loyal readers will recall, I have also said (and continue to believe) that I am not the guy to make the call about shorting Coke and going long Pepsi, but I am the guy to find the right managers to make the call. […]
It IS about performance
Just so we’re clear, the reason investors choose hedge funds, private equity funds, venture capital funds, mutual funds and other investment vehicles is that they’re looking to make money. I know this may come as a shock to some people, especially the ones who write for the popular press, but, once again, the reason people invest is because they are looking for positive return. It seems that this notion is lost on many, especially those who are writing about how poorly hedge funds performed in the latter part of 2015 and how bad the markets are doing right now. It’s as if the reporters, and especially their editors, are happy […]