Parisian Family Office, CEO. Began Wall Street 1982. Drexel Burnham alum. Founded investment firm, Native American Advisors, '95. White Earth Chippewa, raised on many reservations. Conservative. NYSE/FINRA arb. Pureblood, clot-shot free. Trading in a world on a social media dopamine binge, from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, will always be, an optimist. Play by my own rules.
Tuesday, September 27, 2005
Obviously..........
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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