Quote from makloda:
Let me summarize your "facts":
"Loeb, Ackman, Einhorn etc. have no talent managing money. Let's just throw them all in one big bucket. Their above average returns come solely from luck and illegal short selling schemes. They will all end up in jail very very 'soon'. The fact that $8 out of $10 they make comes from long positions doesn't matter."
Let me ask you something flytiger, if you're all so smart and reading through the entire system like a book, why aren't you managing $5 bln for 2/20?
What I said was, backed up by facts, Loeb subscribed to Elgindy's network, that I proved used bribery, coercion, and illegal inside information. Actually, I didnt' prove it the "businessman" referred to in "Deepcapture.com" proved it. Magic words, backed up by facts. I inferred that, since he was paying, and bragging, he was using. What I also inferred was, it couldn't help but throw him over the top distancing himself from his peers who didn't do such activity.
Why? How do real money managers compete with such tactics. they don't. They can't. But they are starting to help us help them by providing crucial events and information. Remember. Back on these threads, I showed you the SEC IG, only the second in the history of the agency, is collecting information of part of their internal investigation.
I never said I was "so smart". I am diligent. I believe myself to be honest. I also believe in leaving something behind. There are, my misdirected friend, other people in this world besides you.
I'll give you the first story 'the businessman' told me when I found him. Two guys go out in the morning to get the paper. One says to the other, "hey. Got a tip for you. XXXX. It's going to a nickel."
The other fellow goes in the house, checks his quotes. the stock is 36. He calls the company. Asks what the hell is going on? The company says, 'what does your neighbor do?" The answer? Runs money for a big hedgefund. It went to a nickel. I 've seen this story more than once.
Now you tell me Slappy, you think that type of action can get you to the top? Go see Ironman. You need a new hero.
Now go away. You're really pretty boring at this point.
