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.
Strategies & Market Trends : LastShadow's Position Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Char who wrote (1287)10/16/1998 8:51:00 AM
From: LastShadow  Read Replies (3) of 43080
 
Long Term Capital Asset

The real joke of all that isn't that there were two Nobel prize winners in Economics or a couple of really good Fund Managers involved, but the principals of the company made millions every year doing this, and will no doubt start another company in a year or two. If the average Fund manager makes over $300k a year, and the expense ratio was about 2% (off the leveraged amount - not the deposit), imagine what went into these guys pockets for years.

Maybe thats what we need to do. Call up some flush venture caps I know and offer to manage say a $20 million account for no fee and 25% of the gain...thats a lot better deal than they get from their Hedge Funds.

We'll put Judy and Sue Slaine in charge of everyone else, because we want them to have fun too...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext