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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (30115)	4/28/2000 2:31:00 PM
From: BGR	Respond to of 42523

Mohan, In that case his long term average return (adjusted for leverage) must be above that of the S&P's, no? Well, let's hear those fabulous numbers, then! As I pointed out in the case of the Tiger fund, anyone DCA'ing on 50% margin in the S&P would have matched the fund's results and would have never received a margin call (unlike the fund). IOW, Tiger's risk adjusted returns were not that superb. Robertson, of course, became a billionnaire from management fees. That makes him a great businessman, like Jeff Bezos, but not a great investor. I am eagerly waiting Heinz to post the numbers for the Quantum fund. BTW, Mohan, rejection of analysis is usually a smokescreen presented by the blind believer. I expected better from you. -BGR.