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Michael, On May 2, 1988 a call took place in one of the Drexel Burnham Lambert conference rooms in Mike Miken’s Beverly Hills offices. Rich Dennis’ first (and I believe only) public futures fund had experienced significant losses and the call was a Q and A to see if the fund was going to remain open. I was in the room and recorded the call on my trusty Philips microcassette recorder. In one of your recent podcasts you mentioned listening to old tapes of some of the legends, and knowing of your deep involvement with the Turtles, I thought you might enjoy it. I got it into .mp3 format – it is about 40 minutes long ad about 40mb. If you’d like it, please reply and I’ll send you a Dropbox link so you can download it. I haven’t cleaned up the audio, but it is listenable. During most of the 80’s I was employed in Drexel Burnham’s Beverly Hills office… In the early days of managed futures that led to meetings with Richard Sandor and Richard Dennis and the establishment of the Dennis Preferred Futures Fund… I knew most of the characters involved in the fund and learned more in a couple of years than in decades forward. Now I’m one of the old guys (well, not that old!) you sometime reference – I still manage some money for a few long-time clients, largely to keep my brain active and because I enjoy the interaction and trading without the stresses of my earlier life.
I’ve enjoyed your podcasts for many years – they’ve been beneficial since I’ve been able to listen to many amazing minds, hear your insightful questions and even reach out to some of your subjects.
I have absolutely no agenda, and hope you’ll find something of value in the Dennis tape. Thanks for the work you do!
Regards,
[name].
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