I didn’t have much time to write this week, as I was traveling with an arts institution in China, about which country I may have some observations in a future post.
A fond memory of Chuck Feeney from my only meeting with him back in the early 90’s. I was introduced by a mutual friend to possibly manage some money for General Atlantic. The meeting occurred at General Atlantic’s townhouse/headquarters on 56th st. Between Park and Lex. in New York City. Feeney asked me where I was looking for investments & I mentioned China. He then proceeded to tell me the funniest story of how he lost a lot of money trying to import Chinese vases to the UK in the late 1980’s. The story combined insider lying, extortion and legal screwups. I responded with another story on a similar vein & we both spent an hour laughing at each other’s failures. His was truly unique & maybe blessed.
Coincidentally one of the people on this Asia trip was the son of one of the other GA founders. I worked on one of their first tech buyouts as a summer associate at a law firm. Didn’t meet Feeney but heard great things about him.
Loved the WPM method!
We can be frugal with some things and at the same time pay a little bit more for some quality!
A fond memory of Chuck Feeney from my only meeting with him back in the early 90’s. I was introduced by a mutual friend to possibly manage some money for General Atlantic. The meeting occurred at General Atlantic’s townhouse/headquarters on 56th st. Between Park and Lex. in New York City. Feeney asked me where I was looking for investments & I mentioned China. He then proceeded to tell me the funniest story of how he lost a lot of money trying to import Chinese vases to the UK in the late 1980’s. The story combined insider lying, extortion and legal screwups. I responded with another story on a similar vein & we both spent an hour laughing at each other’s failures. His was truly unique & maybe blessed.
Coincidentally one of the people on this Asia trip was the son of one of the other GA founders. I worked on one of their first tech buyouts as a summer associate at a law firm. Didn’t meet Feeney but heard great things about him.
I only managed money for him for just about 8 or 9 years. The tech guys were so good that my portion became so small that it was expendable.