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 […]

Some live, some die

I take two weeks off from writing and nothing changes. Not sure if that is good or bad, but at least it is a bit amusing. Leading up to the holiday break, the papers (that is my blanket term for print and broadcast media) have been filled with stories of poor hedge fund performance, managers […]