Monday, December 08, 2008

reblogging: managemetn funds



New trend: the management funds

Posted: 08 Dec 2008 06:45 AM CST

I predict that there will be a new trend soon. It is what I would call management funds. My idea is that as as a result of the crisis, banks, hedge funds, governments end up owning and having to manage businesses and have no clue of how to do it, very able managers will be in short supply. Managers will then say. "Ok, I will manage your business but don´t pay me a salary. Now it´s my chance to get 20% of the upside".



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