This guy is the biggest joke in investing/speculating history.
+1.
Any trader that disregards risk is a total idiot, period.
End of story and case closed.
This guy is the biggest joke in investing/speculating history.
LMFAO! Fees on 30% plus annual verified returns from 1982 to 1996 pays for a lot of losses and provides a fat lifestyle for a century plus-- not to mention returns on his own capital. These posts can't be real. LOL!!
You're wrong. He was relatively small time (compared to his MARHedge rep) until attracting the Octane money. It's on the books that he's lost over $600MM yet you act as though you're his CPA. There is no f*cking way he's ahead over the years (>$600MM organic growth). At Soros he managed roughly $50MM at the peak.
Yeah, compared to the fund sizes today he was small time. However, back in the day 50-100mm was considered huge.
Admirable size for the times, but it doesn't translate to $600MM. He didn't leave with the money.
Start with a low AUM of 20mm just as an example -- 30% per year compounded for 24 years is huge money. Figure it out.
"figure it out"
usual nonsense