"16-year-old made $43,000 on these stocks in 3 years"

lawrence-lugar

lawrence-lugar

16-year-old made $43,000 on these stocks in 3 years"
http://money.cnn.com/2016/07/26/inv...-tesla-netflix-sudarshan-sridharan/index.html

The media always over sensationalizes stories to make them sound bigger or greater than they really are.
Big deal...he returned (only) 17% in three years! in a bull market. -- that's hardly nothing to brag about, or write about.
Sudarshan_Sridharan.jpg

o_O:confused:
 
Hmm, yeah... not impressed.... 14k per year... so whooptydoo. Media has nothing better to do again.... f@$#$n Summer...
 
I'm impressed. He is only 16. Most 16 year olds don't even know what an IRA is and could not define the S and P 500.

The kid has got a good head on his shoulders. Wait until he is 30 and see where he is.
 
s&p500 was at 1600 in mid 2013... to around 2100 mid this year is 30% return for s&p500... and he does 17%... or maybe 20% from say a start of 200k to 250k-ish now.

Not impressed... though good on him for doing something other than call of duty and pokemon... I give you that @DallasCowboysFan
 
The weirdest part of the story is he prepared a powerpoint presentation for his parents - wtf, this says a lot about his family - but, unlike most on this site, they lad actually traded, and that is the only way he will learn.

I hope he makes $430K in the next 3 years.

J_S
 
S2007S said:
Another story where some person made double digit returns in a bull market. Let's see what happens when the bear market comes....this guy won't even know what's happening...
More...

Or maybe he's using this publicity to pad his way into a nice Ivy League school full scholarship and then a fat summer internship at a top financial institution considering he "dreams" of becoming a hedge fund manager after college.

Its also a great way to save money via a scholarship (if that's his goal) considering university tuition these days are outrageous especially at a top 10 school.
 
These horse crap stories by narcissists are pumped by under employed "journalists" to prepare the next batch of pigs for the markets.
 
lawrence-lugar said:
16-year-old made $43,000 on these stocks in 3 years"
http://money.cnn.com/2016/07/26/inv...-tesla-netflix-sudarshan-sridharan/index.html

The media always over sensationalizes stories to make them sound bigger or greater than they really are.
Big deal...he returned (only) 17% in three years! in a bull market. -- that's hardly nothing to brag about, or write about.
Sudarshan_Sridharan.jpg

o_O:confused:
More...

These stories usually get discredited after a few days/weeks/months, remember the kid from Queens who had supposedly made a boat load during lunch break....


http://www.dailymail.co.uk/news/article-2873411/New-York-teen-72M-trading-stocks-lunch-breaks.html
 
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