Oscar de la Renta chose not to show at New York Fashion Week and instead streamed on Amazon. Is Amazon a suitable forum for a luxury brand? CEO Alex Bolen said, "I'm not sure. But we have to experiment with new ways to get our story out." https://lnkd.in/g4rZMxyb We launched our funds when Covid started and with the halt in travel and tough fund raising environment for emerging managers, we focused on performance and experimented with new ways to reach out to allocators, namely Linkedin posts and YouTube videos which can now be binge-watched on www.quantflix.com . True, some people say that with the positive fund returns last year for both our long-only equity and multi-strategy funds, and the China fund outperforming its benchmark by its annualized double-digit aim, it was expected that we would pass the $100m mark. But when times are bad, most new investment monies went to well-known funds that are much bigger with a marketing budget that we cannot afford. So every lit...
I have a swollen cheek with a green bruise and scrapes on my hands and knees. I also googled how to remove blood stains from clothes and bedsheets. If something happened to my husband I will become the prime suspect based on circumstantial evidence.
Actually I fell down while walking. Based on a sample size of one, walking is more dangerous than snowboarding because you don't have all these protective gear (including butt pad).I gained some insights from this incident/accident:
1. Men care about women's issues.
I had to cancel lunch with two male friends (because I could not chew properly) and both of them asked me separately if I had been a victim of Domestic Violence. There are some who say that because Amber Heard lost the case against Johnny Depp, people are not going to take DV claims seriously. I don't think so. Your male friends or colleagues are not going to be, oh right you show up battered, and we are going to pretend nothing happened. Not all men are the evil characters in the metoo movement. If that is really the case we don't have to worry about global warming.
2. It is hard to hide a bruise on your face.
First of all it's obvious when one half of your face looks like a chipmunk's. And that big green bruise, I don't know what brand of "bruise kit" Amber Heard used, but it does not help to have a thick layer of stuff on top of an already swollen cheek. I even had to eat soft foods for the next two days because it hurt to chew, so trust me everyone around me knew something was off. It's like hedge fund managers saying "we will strive to do better" or "due to market conditions we are down 20% for the year but that's in line with our peers" - you can't hide behind beta when things go wrong especially if you underperformed on the way up.
3. There's a right solution for each type of injury.
First I wash and dettol antiseptic on all the scrapes and cuts. That's the reviewing of positions that move against you significantly. Then I see if I need the zam-buk for the bruises, or the medicated gauze for my shoulder, or the water-proof bandages for my hands which will come into contact with water more easily. It's not a one-size-fits-all. Which is why we do not apply automatic stop-loss limits to our fundamental equities book. We pause, review, make an assessment before taking action.
Anything can happen in life. You can break a wrist while walking, tech stocks fall 90%, crypto tokens go to zero. Just need to be prepared (with that first aid kit) and diversified. And anyone who has a proven method to remove blood stains please let me know - I have these pale yellow splotches AFTER laundry detergent spot treatment.
#hedgefunds #riskassessment #domesticviolenceawareness #laundry
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