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Politics : Ask Michael Burke

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To: Terry Maloney who wrote (72955)1/5/2000 8:57:00 PM
From: Knighty Tin  Read Replies (2) of 132070
 
Terry, IFC is The Internet Financial Connection, which has a link on the Silicon Investor Home Page.

Well, most of my career I was a stock guy, though the stock guys would say I was an options and futures guy, which is true, also. When the hedge fund fell apart due to the general partner going to the hoosegow, I interviewed for a job managing equity funds at American Capital in Houston, now The Van Kampen Funds. During the interview, they mentioned a bond option fund and asked if I could manage something like that, too. I said yes and then went home and read a couple of books about bonds. <g> The bond fund IPOed first and soon became the firm's Godzilla, growing to 250% of the total assets of the entire firm when I joined it. The equity funds were shelved forever, so I became a happy, rich bond guy. <g>

I never wanted to be a bond guy, as investment people generally gave bonds to stock guys who couldn't cut it in equities. That wasn't the case for me, but, then, every bond guy says that. <g>
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