Been away for a while – up to my eyeballs in distressed assets.  My firm’s third (and final) hedge fund is on the rocks – two funds either went into liquidation earlier this year.  I keep looking for updside, and maybe the only upside is that I know to expect a maelstrom of bottom cycle activity, none all of which will be endured without anesthetic.  (Retail therapy anyone?)  Hope you are weathering the recessionary winds a bit better than I . . .

XO Debtonaire


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