PIMCO has a new fund out managed by El-Erian and crew – Global Multi-Asset PGMDX. Although it looks expensive with a 1.5% managment fee.
Fact sheet here.
Interview with the managers here.
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A cool art site to pick up art on the cheap.
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Nice quote I saw at a coffee shop this AM:
“The only people for me are the mad ones, the ones who are mad to live, mad to talk, mad to be saved, desirous of everything at the same time, the ones who never yawn or say a commonplace thing, but burn, burn, burn, like fabulous yellow Roman candles exploding like spiders across the stars, and in the middle, you see the blue center-light pop, and everybody goes ahh…” Jack Kerouac, from On the Road
