SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Naked Truth - Big Kahuna a Myth

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Dally who wrote (2052)5/29/1998 5:04:00 PM
From: Tommaso  Read Replies (1) of 86076
 
Mutual funds on a credit card!

A person could simultaneously charge purchases to a straight fund and a contrarian fund, then collect profits on the winner and refuse payment on the loser. I think this would be a civil and not a criminal matter. With enough cards you could keep this going for at least a few weeks.

Actually it would probably be more profitable to run up the biggest possible balances and hide cash in mason jars in the back yard.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext