Insana running hedge fund?

http://blogs.wsj.com/deals/2007/06/20/access-wall-street-starring-ron-insanas-hedge-fund/

well...lol but wish him good luck

 

He wont be making any trading decisions, just putting together a team of good managers. Sounds like a good plan

 

He has to collect investors.

 

Simple. Ron will attend The Hamptons Classic this summer.


A CNBC personality will have it easy raising cap.

Dont hate the player.....

 

People will pay him a fee to pick the funds that actually invest their money - pretty amazing actually.

I wish him the best of luck. I suspect he will do well & attract a lot of investors. He was one of the few CNBC people who actually had a decent grasp of the markets and did more than just read the teleprompter.

 

i believe he has over one billion AUM at this time.

good luck, ron

surf

 

Wow. Any idea what the timeframe was from initial solicitation, to date?

 

This is almost as silly as making Chris Berman the GM of your baseball team.

 

Absolutely no way he has $1 billion AUM for this fund with a 500k minimum. He'd be lucky to have 300MM to start with.

 

He is a nice, honorable man.

He hasn't got a prayer. There is no way he will do what it will take to match the performance of the big boys.