Are many of you really that gullible to think that this guy did all those deals by himself? Wow. He stated himself he worked at an IB for a year and left. He was entry level analyst or associate at best. He worked on the deals as part of the group, which were managed by the head guys. For all you know, the most he ever did for them was run papers between the Managing Director and VP. Actually, it's pretty much a sure bet he was doing the grunt work along with 10-12 others, because that's how it is in the industry. Understand a few things: 1) It's Just Television 2) Some guy jumping from quitting IB after a year into starting up a P/E fund is very unusual. Whatever the story is, I would love to hear and it's very curious to me that he is not talking about it. 3) Something (aka common sense) tells me that this man is the real founder of the fund. http://www.aegiscapitalgroup.com/team.php?teamID=12&v=f Mr. Brett just got in good with him, obviously impressed him and is just piggybacking. Somehow it's not surprising that Todd is avoiding the spotlight of WSW while Brett is embracing it. One more time. IT"S JUST TELEVISION!
An observation I would make regarding the stockbrokers is that what they're doing is practically dead. They're not attempting to "manage" portfolios - just recommend a few "good ideas" each year. These days the sales credits are not what they used to be - how much credit could you make on a stock with a penny or two spread? With that said, they're essentially trying to make a living off of commission alone - which went away a long time ago. When I was in the business, I made the transition to fee based back in the late 90s. In the early/mid 90s, I could recommend CUBE or HTCH with a 3/4 pt spread, make money off the commish and the spread... and the stock would go up: win/win. Unless you're a fee-based advisor, I don't see how you can make substantial money in the brokerage biz these days doing what these guys are doing. (I'm not questioning their stock picking prowess, I just don't think what they're doing is financially viable).
wait 'til next week ! spyder and I are comin' to crash the surf-fest...I'm gonna roundhouse kick the Cohiba right outta your mouth!
Weird. I think, maybe 20 years ago, I would have been impessed with Brett. Now, regardless of his success, I just wanna slap him till he cries. He's young, 28 right? If I needed $5 mil., I would still want to talk to his older partner. Too flashy for me. Although, who cares? Venture capital. Who knew?
Mr. Brett just got in good with him? :eek: Piggybacking!?!? :eek: If true it wouldnt suprise me if the Ferrari belongs to Todd and he allows his 'partner' to enjoy it too.