Where do you keep your buccaneers?

13 April 2017
| By Outsider |
image
image
expand image

Outsider has a habit of naming Money Management special projects after notable disasters, thus “Project Titanic” and “Project Hindenburg” have been applied to two recent initiatives which, sadly, seemed to live up to their nomenclature. Sorry boss.

Thus, Outsider suspects that hedge fund manager, Stuart McAuliffe is on to something in naming his companies after successful pirates, something which explains the successful listing of Henry Morgan last year and his latest venture, Benjamin Hornigold Limited.

According to McAuliffe, his penchant for naming his companies after pirates is because he believes these buccaneers were global, flexible and mobile and existed to make profits wherever they went.

All good stuff from McAuliffe, and after cleaning up the debris from Project Hindenburg, Outsider is thinking about dubbing his next Money Management venture “Captain Pugwash” in the hope that it actually floats.

Looking around the Money Management newsroom, Outsider thinks “Captain Pugwash” is most appropriate given the motley reporting crew and remembering that Captain Pugwash’s mortal enemy was Cut-Throat Jake, captain of the Flying Dustman.

Avast mateys!

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 1 day ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 1 day ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 2 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND