Not sure why it took me three days to see this but it seems as though the Tiger of Wall Street has opened his fund back up to outside investors.
http://www.cnbc.com/id/42431503
What's everyones thoughts on this? I wonder if he is doing it because he sees some big plays in the commodities sector and wants to infuse as much capital as possible. Regardless, it seems that it's a $5 Million minimum requirement to invest with a 2 year lock-up.
3 days? Jesus, this happened a couple weeks ago.
Keep up.
(I know. What a dick. Right?)
Well it was announced 3 days ago. The build up has been going on since January apparently with the hirings of Gil Caffray and then John "BSD" Townsend from Goldman recently. I can't wait to see in a year how this ranks against Paulson, performance wise.
I don't know about when it was formally announced, but this has been known for quite some time... ever since he installed Alex and assembling the rest of the management team.
feasible to get a job there after 2 years in investment banking?
firefighter, with the right connections, anything is possible. However, expect to be benchmarked to superman to get into the land of the big swinging dicks.
I'm very curious as to what play they're going to make. You have Soros talking about a huge chinese inflation and Paulson going all in on gold. Robertson is known for his big copper short. I wonder what play on commodities he'll be making over the next year or two.
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