One of my Junto friends sent me a link about Zopa, a new UK-based company backed by Benchmark Capital (a top tier VC fund–check out the Benchmark Portfolio). Zopa apparently allows individuals to lend money to other individuals with good credit ratings–from 2,000 pounds to 15,000 pounds. Zopa takes a 1% transaction fee. There are insurance provisions and a spreading of risk among 50 borrowers so the lenders money should be safe.
Category Archives: Investing
Hedge Funds Consider Going Public
Years ago I was a big fan of the meVC concept, a venture capital fund that was publicly traded allowing small investors to own shares in order to hopefully participate in some of the big returns venture capital firms often see. It didn\’t work, but now it appears that some hedge funds are considering going public as well.
Wisdom of Warren Buffett
A great post on Darren Johnson\’s blog–the wisdom of Warren Buffett.
The Next Warren Buffett?
Interesting article about the investor behind KMart. Business Week speculates that Eddie Lampert he may be the next Warren Buffett. He is already worth $2 billion at age 42 and is generating 29% annual returns.
Inspired by Warren Buffett
I\’m 150 pages into The Warren Buffett Way: Investment Strategies of the World\’s Greatest Investor, a book that was published ten years ago that I bought onsale for $5.98. I have been slowly and carefully studying this book, marking it up, and writing each big idea that I find inside the back cover, in good Tim Sander\’s fashion. I truly want to understand why Warren Buffett has succeeded.
Here are a few of the key points so far (I have highlighted more than 100 key ideas):