Billionaire trader John Arnold retires at 38

A friend of mine bought a boatload of Coke Cola coincidentally shortly before Buffet took a major position. He loved the company, thought the common thinking that Marlboro was the most valuable brand on the planet was nuts and also thought that given they did business everywhere they were naturally hedged against currency fluctuations. At the nine figure level (is it really nine?!!) they are hedged better than Coke and why not?

As has been alluded to here before how hard is it to understand that these guys will make at least a mid sized contribution to Stalin's campaign if they think he has a 20% or better chance of winning. It's nuts to think because he writes a check that tells you what he believes. He believes in access but beyond that who knows. He's young enough to need to get kid's into Choate or St. Paul's. He may be hedged with contributions to both as well as Harvard, Yale and Columbia in case the kid wants to live in a real city with a real ball club. Do the math Red Sox fans!!

Doesn't seem to me that either side of the aisle is like a dog with a bone on Corzine ... I wonder why? He is the most obvious poster boy in the world for fraud and, so far, he's been laying low and waiting it out. Big money buys in advance of difficulty and they buy everyone who counts. And that didn't start yesterday or 1,000 years ago but more like before recorded history. Ya got it now, Brass? C'mon ... this is not that tough to get. HE KNOWS HOW TO INVEST!!

Quote from Brass:

Yeah, that's all well and good. But the important thing is that he's a lot richer than you guys are, he's a lot smarter, and he's an Obama supporter. Your attempts at spin just generate toasty hot air.
 
Quote from Maverick74:

Brass, why do you insist on commenting on his politics? As Martin said, I highly doubt Arnold is either a republican or democrat. Same for PTJ, Steve Cohen, etc. Most people get behind who they think will win. And they generally are not ideologues.
You mean like Scataphagos, whose post was third in your thread?
Quote from Scataphagos:

He's an Odumbo supporter. Negates everything good he ever did...
I'm sure you were equally upset, so I admire your restraint by not admonishing him.
 
Quote from Brass:

You mean like Scataphagos, whose post was third in your thread?

I'm sure you were equally upset, so I admire your restraint by not admonishing him.

Oh jeez, not this shit again. Do I have to go through each and every post on this thread and scorn everyone?

Why don't we just keep this thread on topic and keep the bullshit politics out of this OK?


This goes for everyone, who gives a shit who Arnold votes for, supports or sleeps with. Either talk about his trading or don't talk at all. That's my PSA for this thread.
 
Quote from Maverick74:

Oh jeez, not this shit again. Do I have to go through each and every post on this thread and scorn everyone?
You're right, of course. No one could reasonably expect for you to have read the third post in your thread. Fair and balanced. Carry on.
 
Quote from Brass:

You're right, of course. No one could reasonably expect for you to have read the third post in your thread. Fair and balanced. Carry on.

Here's an interesting idea, keep the thread on topic. Thanks.
 
Quote from Maverick74:

Oh jeez, not this shit again. Do I have to go through each and every post on this thread and scorn everyone?

Why don't we just keep this thread on topic and keep the bullshit politics out of this OK?


This goes for everyone, who gives a shit who Arnold votes for, supports or sleeps with. Either talk about his trading or don't talk at all. That's my PSA for this thread.

Brass doesn't get it.

Odumbo is doing for America what Hitler did for Germany. 50 years from now, Odumbo's damage will be acknowledged. (His harmful ways are obvious to many now, but politics being politics everybody who could do something about it now turns a blind eye.)
 
Quote from Maverick74:

Here's an interesting idea, keep the thread on topic. Thanks.
Interesting indeed. The only reason I brought up politics in the first place is because Scataphagos posted political commentary right under your nose at the very beginning of your thread and you said nothing. And while my comment was merely observational, and subsequent to his, Scataphagos's comment was over-the-top partisan hackery. However, your delicate sensibilities were set all aflutter by my post?

Oh, and Mav, did you miss this post also, just two posts ago?
Quote from Scataphagos:

Brass doesn't get it.

Odumbo is doing for America what Hitler did for Germany. 50 years from now, Odumbo's damage will be acknowledged. (His harmful ways are obvious to many now, but politics being politics everybody who could do something about it now turns a blind eye.)
 
Quote from Brass:

Interesting indeed. The only reason I brought up politics in the first place is because Scataphagos posted political commentary right under your nose at the very beginning of your thread and you said nothing. And while my comment was merely observational, and subsequent to his, Scataphagos's comment was over-the-top partisan hackery. However, your delicate sensibilities were set all aflutter by my post?

Oh, and Mav, did you miss this post also, just two posts ago?

Did you not read my previous post where I asked ALL participants of this thread to stay on topic? ALL. That was addressed to everyone. What else do you want me to do? I'm not the thread moderator.
 
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