Wall Street or bust

Quote from gymratnyc:

After awhile, it's harder to get the same returns or higher returns, the more AUM you have. No?

Yes, thats why I said to a point.
 
Quote from Brandonf:

Since you are new here and obviously dont know me and have no idea what your talking about as it relates to MY business, I will forgive your ignorance. Anyone managing money probably would like to have as much AUM as they can get. I cant imagine why they would not. I do not charge any fee based upon the AUM, it's based 100% on performance, but the more AUM I have the more money I make. Again I see your new here, so I wont assume anything about you, but I will tell you that making assumptions you have not checked out is a retarded thing to do and will cost you your ass in the market if you continue to do it. G'nite.

It really bothers some people to be called a servant :D. But that is what they really are. They bow and grovel all for the sake of putting a smile on the faces of the wealthy lords whose flick of the wrist can make or break their fragile financial "empire".

Of course more AUM is a good thing. But some AUM are better than others. If you are in the business, you would know what I mean.
 
Quote from Brandonf:

Yes, thats why I said to a point.

Well, I was meaning to say to a point, but I have had about 3 hours sleep so far this weekend which is probably not all that helpful to me given my overall situation, and even if I was 100% healthy probably wouldnt be either.
 
Quote from mingsphinx:

It really bothers some people to be called a servant :D. But that is what they really are. They bow and grovel all for the sake of putting a smile on the faces of the wealthy lords whose flick of the wrist can make or break their fragile financial "empire".

Of course more AUM is a good thing. But some AUM are better than others. If you are in the business, you would know what I mean.

ok
 
Quote from Brandonf:

The smartest move I ever made was to start hiring Ivy League grads as analysts. I dropped out of the Unv of Iowa when I started making decent money from my site and trading, but my best friend from HS graduated with honors from Cornell and recently from Harvard Law so I had a way to contact some people there. It worked out well for me in building connections, but really anything you can do to expand your social/business network is going to help you out if you want AUM. Here's an example, I'm a poor farm hick from Iowa, a guy who was reading my blogs here on ET about four years ago really identified with me. He was worth about $50 million and lived down in Naples. I drove down, golfed with him we had a great time. He lives in a very exclusive community in Naples, $250,0000 buy in, $10million plus Houses. Chairman of SAP has a house there, former chairman of BAC etc. So, I befriend him and from him I meet a guy an older guy who's been on the board of directors of American Express for years. He grew up in South Dakota, lost an arm as a teenager and scraped his way to the top. Another connection even though I'm just a stupid hick. If your serious about this business, any way you can get em you should. I'm hoping that I have only one more surgery left, then i will give myself a month or so to recover and start again with managing larger amounts of money. It should be a hell of a lot easier this time than it was last time.

Brandonf keep us posted on your health. What types of treatments have you been using? Any alternative treatments, or vitamin regimens you've been using?
 
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