But our LPs are very happy that we don’t have summer tans. This is the fifth edition of our summer blast. OK, it should be titled “Some Sand Between Our Toes”. We’ve actually had the fortune of enjoying both a busy period and a highly efficient...
The Semaphore Confidence Survey respondents are truly prescient. If America had only listened to our results last year it would have saved the American people over a Billion dollars in advertisements and political machinations in the just concluded presidential...
I had a lovely lunch at a great sushi place last week with a Limited Partner to whom I’d just become acquainted, nothing unusual there – except that the place is just a few runners strides from the finish line of the Boston Marathon. It was barely two days after the...
Apocalyptic Future or Salvation? A few days ago Luisa Beltran of PE Hub asked whether and what we should call the now popular appellation “Zombie Funds”. I responded to her with the following: “Here at Semaphore we call them “clients”. No need for a pejorative...
“Remember in March/April of 2020 we thought every fund portfolio would crash? The joke is on others not smart enough to be in our biz – not even a global pandemic can kill us.” That was the first comment entered in the 14th Annual Semaphore Confidence Survey. It...
Discover the latest insights from Semaphore’s 2024 Confidence Survey “I’ve got to admit it; it‘s getting better, a little better all the time (can’t get much worse).” With apologies to the Beatles that their music could belie our industry, this lyric...
