Recent content by jerryz

  1. J

    Trading tax question

    An LLC needs to pay corporate taxes, but there are no corporate taxes in BVI so a BVI company should not have to pay taxes. Is this correct? If the owner takes a salary or dividend from this company, then the salary and dividend is taxed. Is this correct? What is Obama talking about when...
  2. J

    Trading tax question

    If the trading gains are made by the BVI company, then when does the owner actually have income?
  3. J

    Trading tax question

    can someone explain the details more clearly?
  4. J

    Trading tax question

    What are the tax obligations under the following scenario: - trading entity is a BVI company - the BVI company is 100% owned by a U.S citizen - the U.S citizen does not reside in the United States 1) what are the tax obligations of the BVI Company? 2) what are the tax obligations of the...
  5. J

    NYSE Specialists going away next year?

    could it have been this particular specialist firm that was showing such a low ROE?
  6. J

    Today's action

    uh why do you seem to assume that i was adversely affected by today's action? don't know if you know this or not but the market was here yesterday, last week, last month, and last year.
  7. J

    Anyway to short real-estate?

    reits? mortgage companies? housing development companies?
  8. J

    Today's action

    shows why people say don't predict. first you have to predict the news correctly. even if you did that correctly, you still have to predict the market's response to the news correctly. today, the fed did not raise rates but the market is still going down. did anyone predict this in advance?
  9. J

    Resetting NAV to produce fake track record?

    the article says you guys line up against the wall with a number on top of your head. when potential investors come in, you can't talk to them unless they approach you. is this how it worked?
  10. J

    Resetting NAV to produce fake track record?

    how are you "seeing" the alterations? what are you looking at? guys, if you know, can you explain how the NAV gets reset? does "reset" simply mean changing the number so you show better performance? if yes, why would an auditor do this?
  11. J

    Gap fill or down trend?

    Make your call.
  12. J

    Resetting NAV to produce fake track record?

    lol can anyone explain how this works? "All I needed was a fabulous track record, which, it turns out, could be arranged. A woman who had worked for a company that sets up hedge funds in the Caymans - Ms. Caymans, I'll call her - gave me this simple yet invaluable tip: Hire an auditor to...
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