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Old Man Chuan comes in, and Lao (Deng) Qian gets excited again—about making money.
All those public-chain foundation groups are hungry too. Greater China has gotten pulled into another round again.
Even so-called family offices, trusts, and “third-tier lines and third-tier industries” all think they’re back in business. They’re starting “RWA” and “compliance” again 🤷.
Ask me and I’ll just say: I don’t do compliance. If it’s non-compliant, then go ahead—try to help me up.
Truth is, I only like non-mainstream, off-the-books funds—preferably the kind that come from a few useless idiots going out to “wild hunt,” and the money they make. Second, I like the big brothers from Southeast Asia—so long as it’s nine-out-of-thirteen: you take your nine, and you get the rest back.