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Wed Jul 18, 2012, 07:06 PM

Investing, via a hedge fund does not make you a business man, whatever that means... [View all]

It means you are an investor and investors only want one thing out of their portfolio; the largest return on capital they can"create".

To me, a business man is a person who is interested in all aspect of the firm they are running.

There are many aspect, of course, but here are the ones I think are pretty universal.

First, producing good products to build up your firm in the publics eye, second, looking for the best way to sell your product, third, how to best keep the people in your employ by treating them fairly and equatable. And finally, turning a sustainable profit which means looking far beyond the next few quarters.

I'm an accountant and deal with a lot of small business people and what they wanted most was a sense of building something good and also looking for a comfortable living. Doing this can take a lot more than just a few quarters.

So to say Mitt Romney is a business man is just disingenuous. To me, Mitt Romney is a vulture capitalist who swoops down into a situation with only one goal on his mine, getting as much money he can get and moving on leaving others to pick up the pieces.

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Reply Investing, via a hedge fund does not make you a business man, whatever that means... [View all]
WCGreen Jul 2012 OP
CaliforniaPeggy Jul 2012 #1
WCGreen Jul 2012 #2
dkf Jul 2012 #3
WCGreen Jul 2012 #4
Igel Jul 2012 #5
Igel Jul 2012 #6