I'm not sure what you are getting at.
Are you suggesting his background and client list is fabricated, based on bizzare correlations and misguided ideas on how things should be in this business?
surf
SAC"s DEMARK finally speaks!
- Thread starter marketsurfer
- Start date
I'm not sure what you are getting at.
Are you suggesting his background and client list is fabricated, based on bizzare correlations and misguided ideas on how things should be in this business?
surf
I do not want to get deep into this because I have information about some of the very big names in Greenwich, (not that I care because the info does not do me any good) but if you think these guys really need to hire performance coaches.... your nuts.
IMHO some of these top fund guys practice resume dressing and disinformation campaigns.
I would not be surprised if a SAC put a guy like this on his staff to deflect the charges of trading with inside information.
Lets see... is SAC more likely to catch the clean up print due to a TD 13 countdown or because someone on the trading desk at a big brokerage said they had one more seller and then they were going to print a large block. Do they want the shares? Why else would a hedge fund be paying 5 cents a share if not for inside info.
IMHO some of these top fund guys practice resume dressing and disinformation campaigns.
I would not be surprised if a SAC put a guy like this on his staff to deflect the charges of trading with inside information.
Lets see... is SAC more likely to catch the clean up print due to a TD 13 countdown or because someone on the trading desk at a big brokerage said they had one more seller and then they were going to print a large block. Do they want the shares? Why else would a hedge fund be paying 5 cents a share if not for inside info.
I had a client who was President of a tech company.
He had a couple of wall street banks on retainers. The number made me a bit envious. Based on facts which I knew... I asked why do you need their services.
He said they look after my company.
After being around him for a year... it was not the company they were looking after it was him.
The information and the looks he got more than made up for the fees he was paying.
I shiver when I think about the advantages these hedge funds get. Especially the ones whose biggest blocks of investors may be the higher ups at the very banks they are doing business with.
The looks they get must be insane.
He had a couple of wall street banks on retainers. The number made me a bit envious. Based on facts which I knew... I asked why do you need their services.
He said they look after my company.
After being around him for a year... it was not the company they were looking after it was him.
The information and the looks he got more than made up for the fees he was paying.
I shiver when I think about the advantages these hedge funds get. Especially the ones whose biggest blocks of investors may be the higher ups at the very banks they are doing business with.
The looks they get must be insane.
And so long as nobody finds out, it's all good.
For them, not for us... but it's not like you're going to change human nature, now is it?
I'm merely pointing out that some pieces don't quite fit with one another as presented. Any conclusions you draw beyond that are your own.
If it isnt illegal, isnt that called an edge?
Iu bet you cry every night over the idiot daytraders on wisetrade whose mony you take....
whats the difference between SAC and anyone wiht a legal edge? YOU* ARE BOTH TAKIGN MONEY FROM THE MORE NAIVE ANDUNSOPHISTICTED.
you got some issues with the busines itselfl face it GUILT anyone?
