Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Tuesday, September 27, 2005


With so many of the top tier hedge funds opening up to new investors the writing is on the wall. The guys I talk to every day, day in and day out, all are in agreement. Equity returns are poised to slow down. The massive performance fees (20% to 50% of profits in some cases) on billions and billions of dollars are not in the cards so a 2% management fee is better than a stick in the mud. That is not to say the derivatives traders, the futures players, the arb guys, the bond daddy's all will have their day. Just not this year.

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