by Michael Panzner | Nov 23, 2015 | Angel Investing, VC and P2P, Pre-IPO Shares
Sighs of relief could be heard across Wall Street late last week following Square’s initial public offering, which was priced on Wednesday. After a stream of reports that called into question the valuations assigned to the digital-payments start-up and other... by Michael Panzner | Nov 17, 2015 | Definitions, Hedge Funds
In “Hedge Fund Investing: The 4-Ps,” I discussed the notion of due diligence and how investors might go about selecting a hedge fund manager. In theory, the range of criteria that can be used to make such a assessment is unlimited, which means that it... by Michael Panzner | Nov 17, 2015 | Definitions, Hedge Funds
There are various reasons why someone might want to invest in a hedge fund. The most obvious, of course, is performance, or more accurately, the prospect of acceptable future performance, however that is defined. There is no point in entrusting funds to a manager if... by Michael Panzner | Nov 10, 2015 | Hedge Funds
Many commentators have voiced opinions about what is wrong with hedge fund investing. In “The Misguided Focus on Hedge Fund Fees,” for example, I discussed widespread criticisms of the fees charged by managers. But complaints about performance have been just... by Michael Panzner | Nov 10, 2015 | Hedge Funds
Few doubt that billionaire Warren Buffett is a smart man and a savvy investor. But he is also a hypocrite when it comes to the subject of hedge fund investing. At the Fortune-sponsored Most Powerful Women Summit in October, he criticized the hedge fund industry, most...