FINTAG COMMENT
Expenses.
So I took a lot of money out my business and bought a few depreciating assets like USD, Spanish real estate and a Latvian night club. Having to manage my own money as well as others was easy but managing my own isn't in a...
THE FINTAG NEWSLETTER @ 08 October 2009
Expenses.
So I took a lot of money out my business and bought a few depreciating assets like USD, Spanish real estate and a Latvian night club. Having to manage my own money as well as others was easy but managing my own isn't in a...
THE FINTAG NEWSLETTER @ 07 October 2009
FINTAG COMMENT
Hello.
FunTimes Capital? FugTin Asset Management? Figtan Advisors? FatTom Fund Capital? NagNag Capital? FitNag Fund Management? GitNaf? GaffIt? How can thinking up a name be so difficult? My compliance officer has set up a couple of companies and I have the Change of Name resolutions ready...
THE FINTAG NEWSLETTER @ 06 October 2009
FINTAG COMMENT
Partners Meeting.
Today I chaired my first meeting as a non founder. Weird. It didn't have much to do except review the workings of other committees that do the real work. I have set the next meeting to just after Christmas so I can do some...
THE FINTAG NEWSLETTER @ 05 October 2009
FINTAG COMMENT
1 in 10.
Funding the long term unemployed is expensive. Now I am technically one of those who is without work, (being a chairman consultant is not really work) with plenty of leisure time, I shall be consuming without contributing for the next few months. In...
THE FINTAG NEWSLETTER @ 02 October 2009
FINTAG COMMENT
Recruitment.
Many of my friends are headhunters but it is time to out them as devils in skirts. Many commentators have picked up my rantings over the years about who and what caused the crash, you know the usual suspects: CRA, Private Equity, short term bankers,...
THE FINTAG NEWSLETTER @ 01 October 2009
FINTAG COMMENT
Making Love.
We all love making the stuff but the second best activity is eating a good biscuit. When I visit an investor, bank or whoever wants to listen to me prattling on about whatever is on my mind, a corporation's true self is exposed. The...
THE FINTAG NEWSLETTER @ 30 September 2009
FINTAG COMMENT
Television.
So on-line advertising is beating TV adverts for the first time. I rarely watch TV although yesterday I was glued to a socialist ranting on about how he was going to spend even more of my money and a comedy-tragedy drama about the lost Lehman...
THE FINTAG NEWSLETTER @ 29 September 2009
FINTAG COMMENT
Investment Bankers.
What a strange place it must be. You are smarter than the average, work longer hours, burn out younger. You like to shout a lot, wave your arms around are wear loud clothes. Your pay packet is huge compared to your true abilities and...
THE FINTAG NEWSLETTER @ 28 September 2009
FINTAG COMMENT
Efficient frontiers.
Following a Guinness day hangover on Thursday, and some decent fasting over the weekend, I am back to working, if that is what you call hassling headhunters.
My quants have let me down and the 21st September has come and gone and the...
THE FINTAG NEWSLETTER @ 25 September 2009
FINTAG COMMENT
Dear Investor
Apologies for the delay in producing this newsletter, but I fell asleep in my deck chair over looking the beautiful blue sea of the Mediterranean.
Last year we returned for you over 18% which was an exceptional achievement given the equity markets were...
THE FINTAG NEWSLETTER @ 24 September 2009
FINTAG COMMENT
Dear Investor.
I am updating you on some recent developments in your investment in the Fintag Illiquid Distressed Crap Fund. As I said in my last communique, the fund acquired a huge tranche of Lehman assets. Given this is now worthless, the partners...
THE FINTAG NEWSLETTER @ 23 September 2009
FINTAG COMMENT
Dear Investor,
Since last quarter, the Fintag Latino Enhanced Bond Biased Fund has made 95.6% and YTD is up 226.7%. Our models have factored in the volatility expectations of the Equity markets in Brazil, Peru and Columbia and coupled with a low interest environment has produced...
