Word: investmentâ
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When Fortress Investment??Group filed to become a publicly traded company earlier this month, it was the Wall Street equivalent of the CIA signing up for Facebook. Being open to the scrutiny of the public is antithetical to pretty much everything that a hedge-fund operator does. But the world of hedge funds isn't what it used to be. Once they were known for being secretive and small--for taking money from millionaires, making winning trades in exotic investments like swaps and warrants and collecting massive fees in near anonymity. The setup was disrupted only by an occasional, spectacular...
...habits and mannerisms of all his past charges (about 50 a year), but the one he likes best to talk about is Gallant Fox, his favorite. He likes to tell how, in his first big race as a two-year-old, the pride of Belair?a $12,000 investment???was left at the post, too fascinated by an airplane overhead (the first he had ever seen) to budge...
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