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Non-Tech : The Critical Investing Workshop
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To: Percival 917 who wrote (11448)4/6/2000 9:50:00 PM
From: Voltaire  Read Replies (1) of 35685
 
Hi Joel,

as you know, I have about 17 accounts and got margin calls on 15 of them last week because the assh--- broker raised the margin requirements. Absolutely no problem, as a matter of fact, almost laughable, took care of the margin and told them to match my extra money and bought more. Market recovering and will simply gradually buy them back.

Agree however that most people do not understand this and should not use TOO much.

V
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