Getting results notice & funded

Quote from retaildaytrader:

None of that charity actually does anything. Billions of dollars have been donated to Africa over the years with no results. People are still poor, dieing and genocide still takes place there. All of the US cities where there has been extensive charity and donations...it hasnt solved any of the problems there.

What will solve the problem is jobs, but handouts just makes folks feel good because they think they did something. If it makes you feel better, sure, donate, but dont think you are solving any problems. You are just enabling the person you are handing money to accept another handout in the future when they need it.

All these people you mention can help the community more by building sound companies for people to work at. I would put more effort into building a company then handing money to someone. Handouts never get used efficiently in any event and a few months later they need more.

Charity doesn't work...it hasn't worked in hundreds of years. New York City was built on jobs not charity.

Wow, do you really believe that in your heart? Its crazy people think this way. In a perfect world, yeah, i would probably agree with your statement. But this is not a perfect world. Things happen. Some individuals are not in a position to do something with whatever talent they may have, sometimes, all one needs is a little break a chance to prove themselves. Im sure along the way, you have had or have been given the opportunity to excel at what you do. I mean, i would really think about that statement you just made, some people have not been as lucky or have not had the same opportunities as you have, just remember that.
 
Quote from cooolweb:

i actually get money and pussy thrown at me unlike most dreamers.
its quite simple. when u have a lot of pssy around u. u get more pussy wanting to be around u i got lots of money around me. more money gets thrown at me

I guess 'u' had to type fast because your mom needs the computer back to update her grocery list?
 
Quote from Mike805:

Your post reeks of adolescent angst and anit-establishment fervor. Nothing you've said so far in this thread is factual; its just bias and opinion stemming from a deep lack of self-esteem.

Once you make something of yourself, you'll see how valuable giving back is. It's rewarding in ways that money itself can never fullfill. How about instead of pretending you're something you're not, shell out a few hundred dollars and start an account here:

http://www.kiva.org/

In general, you internet "personalities" need to get a grip. There are people here who know what they are doing and can see right through this self involved BS.

Couple of points:

1. No HF manager (myself included) would ever take you (the retaildaytrader handle type) as a client. I doubt you'd qualify anyway.

2. As an investor in various funds, I take a holistic approach wherein I make my decision based on the personality and character of the manager. Smart, sincere and honest goes a long way in my book.

3. I could care less about being involved in the day-to-day operations of a fund I'm invested in. I don't care if the guy/gal drives an economy car or works from home. None of that matters. See point 2.

4. Risk adjusted returns. I would choose the fund that does 20% a year with 5% drawdown over a fund that does 100% with a 50% drawdown. Why? Robustness and consistency are more important. Managers who take less risk will survive longer.

5. A CPA audit is always nice to see.

Mike

Hi Mike,

Just curios, is your hedge fund an FOF or is managed by yourself.

Thanks
 
Quote from Rodney King:

I guess 'u' had to type fast because your mom needs the computer back to update her grocery list?

dont be mad cause u a broke foo.
im typing usually from my n900 on 3.5g cellluar eating some potato dosa w murgh chat at a restaraunt enjoying life.

hows ur basement huddling feeling
 
Quote from cooolweb:


im typing usually from my n900 on 3.5g cellluar eating some potato dosa w murgh chat at a restaraunt enjoying life.

They have web terminals at soup kitchens now?
 
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