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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (73026)	10/26/2022 9:00:38 PM
From: Lee Lichterman III	1 Recommendation Recommended By ajtj99 Respond to of 97967

I remember him. There have been a lot of characters here on SI over the years. Remember Anthony @ Pacific? I always liked Knighty Tin. (Mike Burke) He was a wild one too.

To: bull_dozer who wrote (73026)	10/27/2022 9:42:15 AM
From: Real Man	Respond to of 97967

If you run OPM in a hedge fund and lose money, this is what you get unless your ass is well protected legally. Basically, don’t lose OPM or your ass could go to prison. Probably key reason medallion fund paid its investors and ran its own money. Also, a drawdowns can snowball as people jump ship. Won’t happen while you have profits but in a large drawdown if they find something wrong they will nail your ass. A lot of hedge funds run mediocre profits and underperform SP500 for this reason, avoiding drawdowns.