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Politics : Ask Michael Burke

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To: re3 who wrote (57106)	4/23/1999 8:26:00 AM
From: accountclosed	Read Replies (1) of 132070

correct. with the proviso that 10% is not what is invested at all times...it is the annual options max loss. so at any given time, even more than 90% of 90/10 is earning money market returns. amazing that a portfolio like this would earn him super-bear status in the eyes of outsiders. you'd think he was 1000% short with leverage. <g>

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