As for the investors that lost money in the Carlyle Capital fund, David Rubenstein made a cryptic remark: “We will try to make this experience ultimately feel better than it does today.” I do not recall ever before hearing a fund manager say anything like that to investors that lost money in a fund. Don’t worry, we’ll make it up to you; we’re connected, so you’re connected.
From Tavakoli's book, Dear Mr. Buffett: What An Investor Learns 1,269 Miles From Wall Street Page 153
No comments:
Post a Comment