Over a series of lessons he taught basic investment concepts, such as long-term and short-term investing, risk management and return on investment.
Companies with pension plans totaling more than $1 trillion will be required to describe their basic investment strategy under a revised rule issued by the Financial Accounting Standards Board.
Even financial innocents can follow this as Fastow shows boxes encasing ever smaller boxes lit by a flickering red light symbolising the basic investment.
In Rupert Goold's brilliant production (he directed both versions), this complex manoeuvre is –illustrated through a series of Chinese boxes, –illuminated by a flickering red light symbolising the minimal basic investment: capitalism, in short, as con-trick.
In hindsight, a basic $25k investment in Pinterest at $5 million valuation would mean $7.5 million in value at its current $1.5 billion valuation, a $50k investment would be now worth about $15 million.
The take away here is, you don't need to be a millionaire or billionaire to understand these basic investment principles to put them to good use in your own portfolio.
If our country is to remain strong and prosperous and a land of rewarding jobs, we need to understand this basic investment principle in America's future: no science, no growth.
But the business of running a hedge fund isn't vastly complicated, and most of the basic investment strategies that funds utilize are well known.
