RWW - BGC Partners: An 'Otis Redding' Investment And Why I Shy Away From Major Banks
Otis Redding (1947-1967), also known by some as the King of Soul, is an icon of the 1960s musical era. One of my favorites is a 1965 writing collaboration with Jimmy Butler, “Been Lovin’ You Too Long To Stop Now” and reminds me of my selection of BGC Partners (BGCP) as a major investment in the financial sector.
It is important to acknowledge that I believe the best place for investment dollars in the financial sector is not in the traditional banking sector. I own investment bankers, insurance firms, private equity firms, niche