How Does This Hedge Fund Manager Make So Much Money?
- Thread starter melo
- Start date
No transparency. Could be anything from legitimate to illegitimate.
B'berg TV reporter: "He's a very charismatic guy ..."
'Nuff said
"All it does is look at the last trade and calculate trades that would be equivalent of, ‘What if this security increases 50 percent in value in the next three seconds,”’ Meyer says of his program."
Possibly risk management at its most cautious. But then ten years is sufficient time for most underwater trades to float back into the black
'Nuff said
"All it does is look at the last trade and calculate trades that would be equivalent of, ‘What if this security increases 50 percent in value in the next three seconds,”’ Meyer says of his program."
Possibly risk management at its most cautious. But then ten years is sufficient time for most underwater trades to float back into the black
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Most likely a ponzi scheme....Relating video says 1) SEC is investigating him 2) he is unable to articulate his strategy 3) most of his investors are mom & pop IE unsophisticated 4) when pressed on his so called quant strategy he said he is mostly in treasuries 5) he has very little quant experience 6) cycling through outside audit firms 7) part time office.
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