Archive for the ‘investments’ tag
Bono named worst investor in America
He’d probably be named Worst Writer in America, too, if anybody read the New York Times.
U2 singer Bono’s investments into Elevation Partners, which has offices in New York and Menlo Park, have helped make him the “worst investor investor [sic] in America,” according to the online publication 24/7 Wall Street.
With large investments in Palm, Forbes, and Move.com — “an unprecedented string of disastrous investments which even bad luck could not explain” — Elevation Partners has earned the distinction of being “arguably the worst run institutional fund of any size in the United States,” 24/7 Wall Street asserts.
Via Big Hollywood.
