The response to last week’s posting mostly from members of the traditional asset management managers was fabulously interesting to me. I received a number of emails with comments suggesting that I was crazy; others thought I was insane, or thought I was ridiculous (most of them probably worked at the
Late yesterday, I was cleaning up the old inbox and saw an article that ran on The Street.com with a headline which grabbed my attention. It was about two of my favorite subjects– hedge funds and the Red Sox. As most of you know, I can talk and write until
This early morning while working at my desk, reading the wires and the blogs to make sure I was up on the day’s news, I heard from my trusty television – which is tuned automatically to CNBC and the Discovery Channel – the “true” difference between hedge funds and private
There are two threshold issues everybody faces when they consider launching a hedge fund. The first is the decision to go out on their own and break free of the corporate ties that bind them; and the second is the choice of services providers to get their fund up and
Mondays always begin with something. Today we have the Chrysler Group / Cerberus Capital Management deal which to me is another situation where the private equity and hedge fund managers have figured out a way to take advantage of poor management, scared unions and weak sales and turn it into
Yesterday, after spending a number hours setting up the blog, the first question came in. The question as a phone call from South Africa. This person, I will call him Mike to protect his identity, wanted to know how to get into the hedge fund business because like Willie Sutton,
