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Hearting Hags (See Below) Who Aren’t Afraid To Keep It Real

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There are a few people we love around here in the DB HQs: Brian Hunter (Carney), that fish (Carney), Jon Corzine (me), and CNBC man candy Charlie Gasparino (both of us—though Carney claims he’s just using CG to get to Erin Burnett—which I don’t buy for a second and neither should you). Of late, we’ve got a new crush and there’s really no point in dancing around the fact that it’s Bulldog’s Philip Goldstein. Why? For starters, we’ve just got a thing for hedgies hags. Then there’s the “pompous ass” line a few weeks back; the 9 minute catfight on CNBC the other day; and the “older man” role he so conveniently fills in our lives. So it shouldn’t come as a shock that we were practically doubled over in delight to get our hands on a little more gossip about the father of our future children the hedge fund manager, from a sleuthful reader.
1.Apparently, after taking part in a conference call with our guy, an analyst friend of the reader was found crying in her cubicle. It may have been the part about Goldstein calling the crybaby a “useful idiot” to her boss that did the girl in. (Please note: John’s called me worse--much worse-- and do you see me crying at work? No, because he is not worth my tears!).
2.During a deal with Brantley Capital, specifically a shareholder meeting, Goldstein gave a “Teldar Paper-worthy speech.” While votes were being cast, he stepped outside to make a phone call (to contact a manager he thought would be good for a few) and the CEO announced that the meeting was adjourned and the voting was over (Goldstein had yet to cast any votes). Upon hearing the banging of the gavel, Goldstein ran back into the room and in a “full battle-cry voice,” pointed to the board and said something along the lines of “You mother fuckers aren’t going to get away with this!” Apparently a full on cage fight ensued, with people having to being physically held back and directors running out side doors.
Earlier: Philip Goldstein Makes Watching CNBC Bearable: Brass Knuckles Edition


Hardcore Harvard Investment Group Soliciting Student Partners Who Aren't Afraid To Take Some Risks With Their Parents' Money

You're a Harvard undergrad and you want to beef up your resume so that in a couple years, top hedge funds will be begging you to take meetings with them. You figure joining some sort of on-campus investor group might do the trick, but there are so many to choose from it's difficult to figure out which one is going to be your ticket to the big leagues. Except it's not actually that difficult at all. In fact, the answer is quite simple. There are student investment clubs and there is Black Diamond Capital Investors. The former, piddling little after-school programs for, when it comes down to it, amateurs. The latter, an opportunity to put your balls on the table and make some real money. If that sounds like something you'd be interested, please have a check or money order for at least $1,000 ready,* which is the minimum investment members/partners must make, so that management can ensure everyone's got skin in the game. “Black Diamond is all about taking investments to the next level,” said Patrick M. Colangelo ’14, who founded the club last semester. He said that the mandatory minimum investment exists to ensure member engagement in the group, which is limited to 25 participants. "We select experienced finance students who are willing to put up the minimum capital contribution because we seek partners who will be vested in the operations and performance of the fund," Colangelo said. "It really gets the most out of our partners.” Member Arash Alidoust ’13 said he believes the buy-in is critical to the success of Black Diamond, which claims to be Harvard’s largest private growth fund. “It makes you much more concerned and much more innovative,” Alidoust said. “Black Diamond becomes part of your life.” And while the initial outlay be difficult for some college kids to swing, rest assured you're going to make it back many times over. Members said that Black Diamond’s investment strategy differs significantly from that of other financial groups on campus. Like the hedge funds it emulates, Black Diamond is a riskier investment than some of its peer groups, a risk which members hope will be rewarded. Colangelo said that the organization is aiming for a 30 percent return on its investment...“What Black Diamond has been created for is for investors who have a little bit of experience, joining a group of other experienced individuals who really want to do something different,” Colangelo said. Alidoust said that the strength and diversity of Black Diamond’s team of investors allows the club to break out of the typical “framework” of investing. “We encourage innovation and new ideas about investing, rather than just sticking with the old ideas,” he said. Exclusive Investment Club Asks Student Members for $1,000 [Crimson] *Though feel free to invest up to $20,000.