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 finally found an audience for my '97 white Bordeaux bottles with the influx of family offices coming to Singapore from Hong Kong/China. To be honest it wasn't a particularly great vintage but it feels a little special to be drinking an important part of history especially as we approach the 20th National Congress of the CCP.
It all sounds rather grand up to this point. Then the corkscrew unwinds with just a bit of the cork. Uh oh, you have a dry crumbling cork.
Lesson 1: Life doesn't happen the way you expect it to go. You don't look cool when you kinda want to be seen as being sophisticated or know what you are doing.
Lesson 2: Deal with emergencies with whatever tools you have.
I didn't have a sommelier on demand, or those two-prong things for old corks. I didn't even have coffee filter paper since my drip coffee now comes with in-built paper filter. So I used two pieces of paper towel. You don't want to use just a single layer because that might break. Three layers would be too thick for the wine to flow through. See video for live demonstration.
The wine turned out to be pretty drinkable. Things are seldom as bad as it seems at first. We launched our funds just as covid started - we are still around and doing well enough to have time to write wine hacks (and the occasional laundry and hair hacks).
Do let me know if you are in town and interested in my wine + local food pairing sessions!
#familyoffice #singapore #china #hedgefund
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