Wow, a name from the past. I have been a professional trader, since 1998, and was lucky to ride the dot-com mania, in NYC. In 2005-2006, I happened to be in Miami Beach, and visited a day trading office on Lincoln Road. I had set up an offshore private interest foundation, with $5M, and I was looking to diversify by investing in hedge funds. I was told of this amazing young guy, named Harris Kupperman (we were both in our twenties), so I visited his office, and had a face to face meeting. He had an extensive bookshelf, mostly history books, and economics (I have a Bsc. in Economics from Duke University, and also a BA in Art History). I believe he was mostly involved in mining companies in Africa, at that time. What struck me, was a Marquis Jet Card, conveniently placed on his desk. I asked him about it, and he said that it enabled him to fly to remote locations. My other observation was that his office was pretty huge, and empty, as he only had one assistant, visible. I questioned why such a big space, and he answered that he was looking to expand, and he might as well lock in the price on the lease.
I then asked about his fund. He said he was managing around $100M, and his minimum was $2M, but just for me, he would lower it to $1M. I passed.
One year later, the fund imploded (as in Zero). Investors were given "share certificates", as IOUs. The office was gone. I was still on his email list, and I clearly remember the last email from him, saying that he was humbled, and writing it from his living room. I do not know what happened to the original investors.
I googled his name, but this "part" of his life has been fully deleted. I wonder why?
TRUE Story!!!
