Tim Worstall

It is all obvious or trivial except…

 

 

Bramdean Asset Management

December 22nd, 2008 · 1 Comment

I am sorry to say it – but Ms Horlick’s flagship fund looks like toast.  Maybe there is sufficient secondary market in the private equity funds for the fund to survive – but I doubt it. 

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Tags: Finance

1 response so far ↓

  • 1 Mark Wadsworth // Dec 22, 2008 at 1:39 pm

    At uni (nearly ten years ago) our Business Crimes lecturer said that all these star investment mangers come a cropper in the end (the topic du jour was Peter Young).

    I asked whether Supermum would ever fall on her well padded behind and was reminded that they all come a cropper in the end. In this case, it was well worth the wait.

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