Quote from Scataphagos:
You will have a difficult time attracting money from ANY source until your track record is long enough and strong enough and done with enough money.
If you don't have much money to trade, work on the "long enough" and "strong enough"...
There likely isn't anything you can to to hurry this process until your track record is impressive... and of course, your performance will need to stand up to an audit, so be truthful (don't exaggerate) and keep records.
Thanks for your reply. You are absolutely right. I want to get audited. Anyone who does not get audited is simply a fool and a waste of time.
However, our human systems are prone to bullsh*t.
This is why that John Hershey guy has so many enemies. I dont know the guy but he is villified and yet I understand where he comes from.
Now, I will turn into a cheeky pr*ck. Lets all remember, MADOFF HAD BEEN AUDITED!!!
So take any human systems of validity with a grain of salt. In the end, anyone who is crazy enough to give you their hard earned money is taking a risk.
Satan himself could audit you in a Brooks brothers suit and an MBA from Haaaaaarvahd. That does not mean you are not a fraud.
If I remember correctly from my economics class in college (total waste of time and money), Long Term Capital Management was audited, and not just by their frat buddies either, but by HUGE firms like PriceWaterhouse and the like.
I am a contrarian by nature. I would rather have investors with investment knowledge that understand risk, bullsh*t, honor and trust.
I have built up a web business as well on those principles and I have learned NEVER to deal with people that dont trust you.
If someone trusts you, you repay them with results.
Its kind of like the Iced T business plan. Either trust me or dont. If you dont, go find a nice polished IVY to lose your money.
If you trust me, by the time you see your returns and funds growing in an account you are free to withdraw your profits from, well then, thats the best advertising I can ask for.
I dont understand the American way of things in that people here TRUST crooks and wont give anyone else a chance.
If I had millions, why in the world would I request to manage opm?
It is this elitism and backwards way of thinking that helps me see that people in this country are brainwashed beyond belief.
My sister trusted her Pension to a bunch of Fee collecting sheisters which have helped impoverish NYC cops, teachers, firefighters and other civil workers. No disrespect, but white boys in suits did more damage to her and thousands of others than the worst criminals in Rikers.
However, me, with my little po'dunk BS in Finance (in some schools its a BS and not a BA), I was able to forecast the housing bubble (not too hard to do) and avoid XHB type stocks like the plague!
So yeah, I am pretty much against institutions and fraud. This includes useless pieces of paper that can be manipulated. Audited? Shoot, Unfortunately I HAVE TO...its like a trip to the dentist. Not because I am not proud of my accomplishments and future endeavors but because I HATE the way people think here.
Audited? How about thats what JAIL, the SEC, CFTC and Courts are for. However, its how the game is played and I must follow these dumb rules in order to get anywhere.
I just simply dont understand why people trust banks, judges and ESPECIALLY ACCOUNTANTS!!!
Accountants are the saddest people, next to Lawyers that I have personally met in my life.
Oh well, only 500 more days until I find some bean counter to go over my accounts at TOS and Global.
You guys have been extremely helpful and I thank you again Scataphagos!
