How many here started in their 40's?

[systematictrader]

You proved my point exactly. If I make money they take a cut. If I lose money, they aren't going to bother returning my calls. They reap the benefits when I do good and share in none of the risk if things go bad. The really cool thing they have going for them is they have approximately a 50% chance of being right. What ever security you trade is going to go up or down so the advisor gets to flip a coin and if it lands on the correct side they are geniuses if it lands on the wrong side, its because the investor didn't do exactly what they told him. Its a nice set up for them, a bad set up for the investor.

ya but could still be better than the investor sitting the money himself,,,

what about the hedgefunds who have outperfromed the market 20 years in a row???

isnt ur money better off with them than with urself(unless u trade better)


sure they dont lose if u lose but
doesnt the track record serve as the assurance?

 

[wildchild]

ya but could still be better than the investor sitting the money himself,,,

what about the hedgefunds who have outperfromed the market 20 years in a row???

isnt ur money better off with them than with urself(unless u trade better)


sure they dont lose if u lose but
doesnt the track record serve as the assurance?

How many years in a row did Bernie Madoff outperform the market?

 

[systematictrader]

How many years in a row did Bernie Madoff outperform the market?

sure one bad apple, what about bridgewater associates, tudor investments corp, caxton associates? and many others?

 

[systematictrader]

How many years in a row did Bernie Madoff outperform the market?

ur argument is strictly monetary i believe cuz the unusual amounts hedgefunders and CTAs make compared to others

what about when u go to a doctor to do a surgery that might fail or might succeed, doesnt he still get paid if it fails?

what about lasik, u could go blind, dont u still pay?,

and the losses here are not even quantifiable in money, they are priceless and irreparable

why is it people always pick on money managers?

 

[wildchild]

sure one bad apple, what about bridgewater associates, tudor investments corp, caxton associates? and many others?

One bad apple or the only guy to get caught?

 

[wildchild]

ur argument is strictly monetary i believe cuz the unusual amounts hedgefunders and CTAs make compared to others

what about when u go to a doctor to do a surgery that might fail or might succeed, doesnt he still get paid if it fails?

what about lasik, u could go blind, dont u still pay?,

and the losses here are not even quantifiable in money, they are priceless and irreparable

why is it people always pick on money managers?

If a surgery fails or lasik fails, I am not paying a dime. In fact, the doctor will not be in business after the lawsuit, and he thought student loans were hard to pay off.

Are you a money manager?

My only point is that most people are perfectly capable of losing their money on their own. They don't need to pay someone to help them do it.

 

[systematictrader]

If a surgery fails or lasik fails, I am not paying a dime. In fact, the doctor will not be in business after the lawsuit, and he thought student loans were hard to pay off.

Are you a money manager?

My only point is that most people are perfectly capable of losing their money on their own. They don't need to pay someone to help them do it.

ahhhh , ya ok, ur gonna sign a million disclosure in advance, sure u can sue but were talking in generality here and not only u, many people do surgeries and surgery fails and they die if its a mortal surgery, doctor still makes their money,

even better, what about lawyers???? u hire a lawyer for something and (besides civil monetary law suits) whether he wins or loses or u take a deal or whatever is the outcome u still pay? where is the fairness in that? tell me

not yet, iam planning on becoming a money manager but i also like to approach things from neutral point of view regardless of what i plan to be

people are capable of losing their own money very true, but those who know they can lose in advance dont invest to being with,

and that statement assumes ALL managers are losing money for their clients. that flies contrary to the many managers who are so successful and had to shut down their doors cuz they cant accept any more money

 

[Sig]

One bad apple or the only guy to get caught?

If you're claiming a significant portion of the hedge fund industry is a Madoff style Ponzi scheme with no proof you're just being a troll. If you're not claiming that then what is your point exactly?

 

[Sig]

If a surgery fails or lasik fails, I am not paying a dime. In fact, the doctor will not be in business after the lawsuit, and he thought student loans were hard to pay off.

Good luck with being the only person in history to win that kind of case!

 

[systematictrader]

One bad apple or the only guy to get caught?

Either or, u still havent answered the doctor question, since u wont pay if surgery fails, what are you going to do for compensation on smething priceless like your vision?