tag:blogger.com,1999:blog-6214838.post4591031172855282775..comments2024-03-04T17:54:32.559+00:00Comments on Iain Dale's Diary: Has the Media Made a Sexist Horlicks?Iain Dalehttp://www.blogger.com/profile/03270146219458384372noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6214838.post-74480119512088133432008-12-16T10:03:00.000+00:002008-12-16T10:03:00.000+00:00I think if you read the comments in the Standard y...I think if you read the comments in the Standard you can see that she is pretty annoyed at the nature of the coverage. I don't think the sexist point is a particularly good one - she's been singled out because she's well known (albeit for being a mother...), unlike some faceless RBS boss - but the point about the poor reporting of the impact on her business is perfectly valid. <BR/><BR/>If you heard her on the Today programme you couldn't deny she had a good point about journalists not appreciating the full nature of the story.McSweeneyhttps://www.blogger.com/profile/18087647822227824685noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-55880024207536567592008-12-15T22:12:00.000+00:002008-12-15T22:12:00.000+00:00Alex - quite. Funds of funds are a scheme for 'ma...Alex - quite. Funds of funds are a scheme for 'managers' to earn fees for doing what, exactly? Simple asset allocation strategies will achieve the same returns at a lower cost / risk ratio.<BR/><BR/>What really hacks me off is that the strategies we manage have not 'lost' (as in invested in ponzi schemes) any money at all. But what do we know eh? Small provincial investment business working on the simple basis that anything that looks too good to be true always is and keeping the costs down is No 1 priority.<BR/><BR/>Horlick is a brilliant self publicist (rather like Madoff in fact) and wins enviable mandates but as an investment manager she'd make a good camel jockey.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-44726779271222168092008-12-15T20:10:00.000+00:002008-12-15T20:10:00.000+00:00I think Nicola Horlick is making a valid point. "S...I think Nicola Horlick is making a valid point. <BR/><BR/>"She said that the £13million lost by Bramdean Alternatives equated to just 0.13 per cent of the money managed by Bramdean Asset Management.<BR/><BR/>And she revealed she had received emails and phone calls from major City figures voicing their disgust at the way she had been singled out.<BR/><BR/>Ms Horlick said: "Between us we have made a lot of good decisions. Any suggestion that Bramdean is mortally wounded is way off. The fact that this man ran off with the money is hardly my fault."<BR/><BR/>She's right - it's hardly her fault.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-72325370753993793852008-12-15T18:48:00.000+00:002008-12-15T18:48:00.000+00:00Horlick - "not a very happy woman"?Was she ever?Horlick - "not a very happy woman"?<BR/><BR/>Was she ever?Unsworthhttps://www.blogger.com/profile/08307116169498533047noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-20683063698243323972008-12-15T17:44:00.000+00:002008-12-15T17:44:00.000+00:00For an investment manager to lose anything to a Po...For an investment manager to lose anything to a Ponzi scheme shows them to be a bad investor.<BR/><BR/>To only have £130 million under management shows Horilick to be less well regarded than many of her contemporaries. Compare that with the zillions managed by Crispin Odey.<BR/><BR/>To lose 10% of the funds under management should be enough to kill of her career. <BR/><BR/>Horlick ran a fund of funds, being paid fees simply for picking other people to manage money and not really getting their hands dirty understanding the underlying investments (if they did that there would be no need to let the lower tier fund manager earn any fees. The fact that Horlick gave even a penny to Madoff without understanding his business (i.e. that there wasn't one) shows that she deserves any criticism that comes her way.<BR/><BR/>Madoff sounds like Michael Brown. I bet Horlick votes LibDem.Alexhttps://www.blogger.com/profile/13775753218753337766noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-67170969473121515902008-12-15T17:21:00.000+00:002008-12-15T17:21:00.000+00:00One of her principle errors has been to set hersel...One of her principle errors has been to set herself up as leading financial light and font of fiscal wisdom and then fall for a <A HREF="http://en.wikipedia.org/wiki/Ponzi_scheme" REL="nofollow">Ponzi</A> (pyramid) scheme losing, well, ah, other people's money. Boo f*cking Hoo,Shaunhttps://www.blogger.com/profile/02611541853278115075noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-90381487989345024212008-12-15T17:05:00.000+00:002008-12-15T17:05:00.000+00:00£13 million is a lot to lose out of the housekeepi...£13 million is a lot to lose out of the housekeeping kitty..................................https://www.blogger.com/profile/09387648864595329094noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-87194505656742593522008-12-15T16:53:00.000+00:002008-12-15T16:53:00.000+00:00While we're on the subject of sexism.... what are ...While we're on the subject of sexism.... what are you doing advertising Russian mail order brides?Desperate Danhttps://www.blogger.com/profile/04961605512194121921noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-6721178866802351652008-12-15T16:41:00.000+00:002008-12-15T16:41:00.000+00:00Lazy journalism yes, sexism yes absolutely, she ha...Lazy journalism yes, sexism yes absolutely, she had it coming yes maybe, but there is something completely off about naming people who are not outriders or exemplars but way back in the pack - actually doing better than most - and pretending they've cocked up to a notable extent. She hasn't. She's right about this.Chris Paulhttps://www.blogger.com/profile/15679067503215414300noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-396980006955316022008-12-15T16:36:00.000+00:002008-12-15T16:36:00.000+00:00The Blessed Nicola has spent her career knocking u...The Blessed Nicola has spent her career knocking up column inches - like she's the only woman who's ever held down a job. Some even manage it without a nanny.<BR/><BR/>However only she could turn a round a headline from saying 'Nicola Horlicks Blows Ten Percent of her Clients' Assets' into 'Nicola Horlicks Pans Us Regulator'.<BR/><BR/>Of course, lazy journalism has a lot to answer for as well.Unknownhttps://www.blogger.com/profile/03548952483363828857noreply@blogger.com