Today’s Noise – Waste no more time arguing about what a good man should be. Be one.
SoftBank posts record $23 billion net loss on Vision Fund pain -call me crazy but as the money was pouring in it might have been better to maintain tight standards rather than spending like a drunken sailor – no Vision apparently
https://www.thestar.com.my/tech/tech-news/2022/08/08/softbank-posts-23-billion-loss-in-first-quarter
Private equity units at buyout firms contract as financial markets tumble – yeah if you were smart and have PE exposure you would have been short those woolly mammoths, global warming and all
https://www.ft.com/content/819959e7-4c57-485a-b4c8-2212deac5fad
Macro hedge fund stars enjoy the market volatility – great thing about diversifying across strategies – it’s the broken clock theory of portfolio management
https://www.ft.com/content/88a23f52-e225-4fd4-b812-46a7fe4ef630
Asset Management Compensation Takes a Hit — And Headcount Could Be Next – good thing you pay your PE guys to sit on your money – hopefully, they didn’t ‘spend’ it all on ‘luxury goods
https://www.institutionalinvestor.com/article/b1z646b8p08b8l/Asset-Management-Compensation-Takes-a-Hit-And-Headcount-Could-Be-Next
The SEC Attacks the Financial Markets – dude is like a methed-out nutjob with a machine guy in the busy square
https://www.wsj.com/articles/the-sec-courts-economic-disaster-securities-exchange-commission-inflation-default-borrowing-investors-markets-11659714942?mod=flipboard
Bridgewater opposes ‘All Weather’ Chinese copycats – getting a trademark in China is like wearing floaties when you’re stranded in the middle of the shark invested ocean
https://www.bollyinside.com/news/bridgewater-opposes-all-weather-chinese-copycats
BlackRock comes to Coinbase’s rescue – nice trade – that’s when you buy speculative assets, remain calm while all those about you are losing their heads – Stoic investing – PE guys should study stoicism
https://www.ft.com/content/7de55762-8082-4e5d-b125-32cff23e1907
Fading global cooperation will make this crisis worse than the recession of 2008 – you say the global crisis brought countries together but I also think the central banks all played a game of chicken with 0% interest rates, global inflation cooperation
https://www.theguardian.com/business/2022/aug/07/fading-global-cooperation-will-make-this-crisis-worse-than-the-recession-of-2008
Today’s Noise – Waste no more time arguing about what a good man should be. Be one.
Today’s News Compiled by KEVIN GAHWYLER
Kevin Gahwyler has over 28 years of experience in the hedge fund industry in various investment and C-Suite roles. Mr. Gahwyler is currently a Managing Director and Head of Business Development at Meteora Capital, LLC. A SPAC specialist that invests in the entire SPAC ecosphere through both closed-end funds as well as a hedge fund. Prior to joining the firm, Mr. Gahwyler was the COO and Director of Business Development of Measure 8 Ventures Management, LLC. In addition, before Measure 8, he was the President/CFO of Navy Capital Management, LLC. And Chief Operating Officer/Director of Business Development of Twin Securities, Inc. Kevin was also the founder of KenCole Capital. An investment bank boutique specializing in hedge fund structures and marketing and served in senior marketing roles at both Pequot Capital and Sagamore Hill.
Lastly, Kevin graduated from Fairfield University with a B.S. in Biological Sciences. And from Thunderbird School of Global Management with a Masters in International Management.
