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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Joseph G. who wrote (29616)7/10/1998 12:10:00 PM
From: Knighty Tin  Respond to of 132070
 
Joe, Stress?!!! Oh, yeah, that's why I light up a doobie. <G> Not really. I'm not against dope, but I hate smoke. For some reason, I don't consider lung cancer a stress reducer. I also won't have anything to do with needles (abject cowardice), I sneeze too much to snort, and I don't enjoy taking pills. But put it in the form of brownies or peanut butter anything, and Betty Ford, here I come. <G>

These hedge fund managers have to open their vistas to the world of investing. If you can't handle more money, then you are not investing right. Of course, like mutual fund managers, so many of these firms are "hands tied behind their backs" niche players. Yes, if all you do is convertible arbitrage, you'd better cap your fund. But why is convertible arb all you do? There is a whole world of opportunities out there and size helps, it doesn't hurt. So many of the lame brains say, "if I have too much money, I ruin the prices." Then if you ruin the prices so you can't make money one way, go the other way. I guess that never occurs to them. <G>

Oh, well, slow people rarely change and who would we pick off if they weren't stuck in their prejudices?

MB