Would Hedge Fund Managers Losing Big Time Make For Compelling TV?

Author:
Publish date:
Updated on

Ladies-- last evening I was having dinner with an alternative asset manager when the conversation took a interesting turn initiated by his uttering of these seven words, "My favorite show is The Biggest Loser," and the following pitch:

"I've had this idea since it came out for a spin off that I think you'll love," he told me. "The Biggest Loser: Hedge Fund Edition. All the participants already have the competitive spirit necessary and," (at this point he leaned in and motioned for me to come closer), "I can think of a bunch of guys who would be prime candidates," he whispered, smiling knowingly and holding up his hands and shrugging as if to say "oh, I don't know" and then BOOM, rattled off an alarmingly comprehensive list of names, like he'd spent months coming up with them and already had them listed in an excel file with heights and weights. These people, he said, would "benefit from a month or so at the Biggest Loser ranch in Malibu."

"Look, they need to know they're fat," AAM told me, all matter of fact like. "And I already know what the grand prize is-- a sovereign wealth fund invests a billion or two with their firm. What do you think? You should put this on the blog tomorrow." Naturally, I do love this idea. But it needs more fleshing out. Thoughts? Suggestions? Motivational techniques?

Related

Hedge Fund Manager Paul Singer Thinks Paul Ryan Chris Christie Mitt Romney, His First Second Last Choice For The Ticket, Would Make A Great President

Anyone but you know who. Paul Singer, a prominent hedge-fund manager, has employed many tactics in seeking to ensure a Republican victory in November...he approached Rep. Paul Ryan and offered to back him in a presidential bid. When Mr. Ryan demurred, Mr. Singer's support helped him emerge as the vice-presidential nominee, people close to the matter said...Mr. Singer has warmed up to Mr. Romney though he didn't support his run for president in 2008 and last year pushed...New Jersey Gov. Chris Christie to run. "As I have gotten to know Mitt I have become increasingly of the view that he will make a very fine president," Mr. Singer said in a rare interview. Wall Street's Paul Singer Makes His Influence Felt [WSJ] Related: Meet The Draft Christie For President Committee

UK Hedge Fund Manager Sets Unreachably High Bar With Resplendent Private Residence For Chicken Friends

Crispin Odey is the founder of Odey Asset Management, a sausage brand ambassador, and a guy who unwittingly made fellow hedge fund manager Philip Falcone's life* a living hell when he pulled this stunt: ...Odey has upped the ante for poultry accommodation – he’s building a temple for his chickens for which the stone alone costs £130,000. The Palladian-style chicken house, designed by Christopher Smallwood Architects, has won planning approval from the Forest of Dean District Council, and will sit on the hillside above Eastbach Court, Odey’s Grade II-listed home. The temple’s roof – adorned with an Anthemia statuette – will be fashioned in grey zinc; the pediments, cornice, architrave and frieze are in English oak; and the columns, pilasters and rusticated stone plinth are being hewn from finest grey Forest of Dean sandstone. Naturally, the doors will be painted in the Odey Asset Management founder’s favourite Hague Blue – “to match the doors around Eastbach Court”, according to the plans...“The temple will be a lovely place when it is finished at the end of the year,” Odey said from a grouse moor. “The chickens will be grand.” Nice for the chickens, but obviously this gesture makes Phil look like a deadbeat by comparison, as he merely allows his pet pig Wilbur to live in his apartment and has never even suggested getting her her own place. You can bet someone will be printing a copy of the article and placing it prominently on top of someone's morning paper, and god help that someone if he doesn't get on the horn about building her the god damn Taj Mahal, ASAP. Crispin Odey’s chickens come home to (a luxury) roost [Telegraph via FT Alphaville] *And the lives of all deep-pocketed animal owners.

Area Hedge Fund Manager: Leave Harry Alone!

As you may have heard, earlier this week the lovable scamp that is Prince Harry of Wales got in a bit of hot water when he was photographed ass naked in Las Vegas, with a bunch of equally ass naked ladies, following some sort of swim meet with Olympic gold medalist Ryan Lochte. Those photographs, some of which involved a billiards table and pool cues, were subsequently run on the covers of various newspapers and the Queen, being none too pleased, told her grandson to get on the first flight back to London (apparently in a tone so scary he knew she meant business and "did not mingle with other passengers," instead remaining "in the upstairs cabin of the 747" to think about what he'd done). While it's unclear what kind of punishment the Queen has in mind, or if she's yet delivered the sort of tongue lashing generally reserved for naughty Corgis and her subjects at RBS, in the meantime many have come to the prince's defense and advised the old lady to back off, like the hedge fund manager the Times found on the tube who thinks the Queen should relax and have a good laugh about it. She'd be doing the same thing if Prince Philip ever gave her a weekend off. Among people surveyed at random in central London, including subway commuters reading about the Las Vegas incident on the front page of the tabloid the Evening Standard, the verdict was mostly thumbs-up. “I think it’s quite funny,” said John Daniels, 46, a hedge fund manager. “I’m sure most people would like to be doing exactly the same thing, especially in Vegas. This is his own private time and people shouldn’t be taking photographs of him.” For Prince Harry, Vegas Exploits Didn't Stay There [NYT]