i never watch cnbs is he still a regular? if so he'll leave cnbc for good i guess. i always like ron as he seemed very level headed and non hyping
To be fair it is really a fund of funds. So once he has the capital raised he is not doing any of the trading....
Geez... He may as well have plastered his name on a new restaurant or on a new line of jeans. I wouldn't think an institution would give his organization funds to manage just cuz Ron got tired of show biz.
I feel the fund of funds is a good idea but to call the person a hedge fund manager..... they are a glorified mutual fund but pick other hedge funds instead of stocks. Due diligence usually is just a review of returns and volatility and Sharpe ratios and a quick chat with the fund manager lol..
Of all the people on CNBC, there are two or three that are competent and respectable. Ron Insana is definitely one of them. I wish him the best of luck, and hope he doesn't need it.
I'd give Dillon his own FoF just to stop elongated his vowels so obnoxiously on the lead-in to his show.
i havent watched that network for years, period brainwashing brainwashes you, even if you know it's brainwashing