As you may have heard, Ping Capital’s Exceptional Value Fund ended 2010 up 105 percent. While impressed by the number (and Mr. Jiang’s comeback), some potential investors might have been slightly leery about monthly swings of 8+% and the unorthodox ways in which PJ was able to score such an eye-popping return. Well today is your lucky day.
We’re told Ping Cap has just launched the Ping Emerging Markets Macro Fund, which “targets a lower vol and focuses on short term trading.” The fund started trading January 1 (minimum investment is $500,000 with a one year lockup; PJ, having apparently learned nothing from the Big Guy, will be charging a mere 2&20). Break yourself off a piece of the new flavor today.
cue the overplayed marker jokes!
-guy with name that sounds like he would like a marker in the hole, but is actually entirely unrelated.
(Insert unoriginal whiteboard marker joke here)
why not leave an original/non-marker/non-douchebag joke? if you have any?
I taught him everything he knows.
-SC
I taught him everything he knows.
-SC
“WOW!!!! THAT’S A LOW PRICE!!!”
-guy who wants to avoid using the marker jokes but still get in a staples plug
so a guy walks into a bar, sits next to a good looking girl, and sets his watch on the table. the girl notices the watch has no face or hands on it, so she asks him, “what’s with this watch, it doesn’t even tell the time.” guy responds, “it’s a telepathic watch, tells me the time and some things about my surroundings.” girl responds, “so what’s it telling your right now?” guy responds, “well it’s telling me you’re not wearing any panties.” girl responds “looks like your watch is running about an hour fast.”
So PJ walks into LT’s office…
So PJ walks into LT’s office…
So PJ walks into LT’s office…
I bet you wish someone really inserted a whiteboard marker in your (rear).
Get lots of smiles and nods when you tell jokes?
who will rip off this story first? bloomberg, wsj, business “insider”? place your bets.
Yeah .. had the new fund pitch stuff land on my desk yesterday. nothing much to see here.
No markers in the package?