Davos Alpha
Jan 23rd, 2008 | Filed under: Hedge Fund Industry Trends[Dateline: Star Alliance business lounge at the Frankfurt Flughafen] After a brief trip to address a private meeting of European asset managers, I now have the pleasure of spending 5+ hours at the Frankfurt Airport enjoying individually-wrapped cheese, mini croissants and a savory snack I can only describe as a sort of seasoned and glazed Corn Pops cereal. (Traveller’s tip: With all due respect to the friendly folks at Lufthansa, I can’t really describe this lounge as the jewel in the Star Alliance crown.)
In any case, the television monitor behind me seems to be locked on the all-Davos channel. As you may know – particularly if you watch CNN International or BBC World – the Annual Meeting of the World Economic Forum starts today in Davos, Switzerland, “the highest town in Europe“. This is my first time in Europe during “Davos” since ending a decade-long stint working there as a part-time member of the small army that puts it together each winter. It seems that during the ensuing years, the media hasn’t lost any interest in covering the CEOs, public figures, academics, movie stars, NGOs, religious leaders, media-types, and multi-lateral organizations that climb the “magic mountain” every year.
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