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Repeat!
I used this quote last week in a post. Since then, I've shared it with dozens of people in professional and personal settings. Almost no one has failed to say, "Email it to me—I want to circulate it." Hence my decision to re-inflict you with it:

Other hedge fund manager Related Articles

Peter Bernstein on Amaranth: Better to be Wrong Than Too Right
Peter "Against the Gods" Bernstein has delivered the most choice quote so far on the Amaranth hedge fund meltdown:

Meetings, Bloody Meetings
Just recently I found myself committed to helping on a fund-raiser. I dutifully attended the meeting with a presentation offering nearly twenty creative ways to market the fund raising event. I was prepared for the meeting, but I wasn’t prepared for the chaos.

5.9 Applying lessons learned from Uganda in South Africa: Enterprise solutions to poverty
Based on what we learned in Uganda through UEF (including the convening power that the Shell brand had with local banks) we established ETEF, our South African fund, with new financial products and an independent intermediary in the form of an independent fund manager with particular expertise in the small-scale energy sector in place from the start.

International Year of Microcredit Advisors Visit Kenya and Uganda: Princess Maxima, Diederik Laman Trip and Marilou van Golstein Brouwers Promote Microfinance on the Continent
In the third week of February 2005, The Netherlands' Princess Maxima, ING Netherlands Chairman Diederik Laman Trip and Triodos Bank Senior Fund Manager Marilou van Golstein Brouwers visited Africa to promote the International Year of Microcredit and the importance of microfinance in the global fight to eradicate poverty.

AfriCap Microfinance Fund Attracts Notable Investors Including Nordic MicroCap, BlueOrchard and Gray Ghost, Raises Capital to $50m
AfriCap Microfinance Fund, established in 2001 as the first African private equity fund dedicated to the microfinance industry, has closed a second round of investment, raising its capital from USD 14 million (Sh 910 million) to USD 50 million (Sh 3.25 billion).

Nigerian Government Creates $426m Microcredit Development Fund
Nigerian President Alhaji Musa Yar’Adua announced the creation of an N50 billion (the equivalent of over USD 426 million) microcredit development fund to be administered by the Central Bank of Nigeria (CBN). The new fund will be used to provide existing microfinance institutions (MFIs) with funding for credit creation and operational expenses.

Old Mutual and South Africa’s Department of Trade and Industry (DTI) Launch USD 12.9M Microfinance Initiative, Isivande Women’s Fund (IWF)
The Department of Trade and Industry of South Africa (previously reported) has teamed with Old Mutual Group’s Masisizane Fund to launch the Isivande Women’s Fund (IWF), financing women-run enterprises in the country.

Old Mutual and South Africa’s Department of Trade and Industry (DTI) Launch $12.9m Microfinance Initiative, Isivande Women’s Fund (IWF)
The Department of Trade and Industry of South Africa has teamed with Old Mutual Group’s Masisizane Fund to launch the Isivande Women’s Fund (IWF), financing women-run enterprises in the country. The new fund is the result of a 2006 study conducted by the DTI’s Gender and Women Empowerment Unit, the International Finance Corporation (IFC), and FinMark. The study found that although women are more responsible managers of credit than men, they only receive 30 percent of loans, with black women receiving the least funding.

Hedge Fund Job: Must Understand Benford's Law
The folks over at Valleywag are having fun with a Craigslist posting for a hedge fund job. In addition to looking for someone with all the typical quant skills, the ad asks applicants to do the following

Retire Early: Slow And Steady With A Side Business
One of the best ways to hedge your bets financially, and to put away enough money to seriously consider early retirement, has always been owning a business on the side. But if your nest egg is cracked and leaking - or, worse, if you're having trouble even making ends meet - where do you come up with the resources to start or buy a business?

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