We hear a lot about this mega Ponzi scheme but I could not find the actual detailed track record that he showed to his investors. Can you please help me find them?
Thanks!)
Dima
HERE IS A PASSAGE OF SOME INTEREST:
▪ Madoffâs reported investment returns were not credible. Madoff appeared to
steadily and consistently outperform the market despite the fact that money
managers rarely beat the market indexes by any substantial amount over time.
Madoffâs investment returns appeared to earn steady monthly increases of 1% or
more even when the markets were volatile and performing poorly.
Thanks!)
Dima
HERE IS A PASSAGE OF SOME INTEREST:
▪ Madoffâs reported investment returns were not credible. Madoff appeared to
steadily and consistently outperform the market despite the fact that money
managers rarely beat the market indexes by any substantial amount over time.
Madoffâs investment returns appeared to earn steady monthly increases of 1% or
more even when the markets were volatile and performing poorly.