Bob Clark points out in his column this month (page 53) that the limited partnerships of yore weren’t the first, or last, alternative investment that failed to benefit the investor. While LPs still exist today, though in a different format (see page 70), this excerpt from the November 1989 edition of Investment Advisor shows that limited partnerships were very big business indeed back then. Unfortunately, Bob Stanger, who founded this magazine as the Stanger Register, passed away unexpectedly last month. Our condolences to his family.
Don’t forget you can visit MyAlerts to manage your alerts at any time.