4 Quotes by Joel Bernstein

Like anything, ... you got to use some common sense.

When talking about equipment, it's important to look at what kind of equipment the fund will be buying, ... It may be the kind of equipment with a long life that doesn't become obsolete over time. An airplane, for example, lasts over the long term and has a good resale value, but computer equipment may have a shorter useful term.

About eight to 10 years ago they got a bad rap, and in my opinion deservedly so.

It's important to look at the all the fees the general partner is going to be charging over the life of the fund.