MERGER COACH

October 20, 2010 article in The New York Times on Tiger 21 provides a fascinating look inside the elite investor club:

“In 2003, Mark Kress was having money troubles.

Not a lack of money. Mr. Kress had amassed an eight-figure fortune from products and programs he marketed through the television shopping network QVC and from Spencer Forrest Inc., a maker of treatments for thinning hair that he founded in 1981.

His problem, he said, was that “I had issues surrounding wealth, many of which I couldn’t discuss even with my best friends,” adding: “If I turned to a friend and said, ‘I have X dollars but I don’t feel like I have enough,’ my friend might consider it bragging.”

Read more at NY Times

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