It is the fees, stupid
While I am supposed to be writing about hedge funds and the fact that Operations for Alternatives is next week, I need to focus on something that is really bothering me: The so-called convenience fees and add-on fees that come with making purchases these days.They are just ridiculous. I am sick and tired of the random fees charged for everything from snacks on an airplane to accessing your own money from the ATM. It is just sickening. These companies are nickel-and-diming their customers. It is truly maddening. Companies just don’t get it. They simply just don’t get it. They think that the American public is just a bunch of sheep […]
Another year older, a new one about to begin…
As 2013 draws to close, the print and broadcast media are filled with stories of what was this year and what will be in 2014. It is clear that 2013 was tough for the global economy, stock market performance notwithstanding, and the investment management industry. The news of the year was a big mix of good and bad stories from around the globe. And while we all continue to think how the tapering will affect the economy and the actions of a post-Bernanke Federal Reserve, there is quite a lot of work to be done to prepare for the New Year. Managers need to look back and dissect what worked […]