Wohl of Wall Street: high school hedge fund manager
- Thread starter blakpacman
- Start date
lol 
a good and slimy salesmen, yes. but a good trader / investor? what might he be able to achieve by looking at the markets one hour per day?
and he's way too young to treat this as a serious business. well, time will tell.
and he's way too young to treat this as a serious business. well, time will tell.
22.8% returns after commission, not bad for investor returns.
i hate these kind of cute short not detailed news bits though....they're just hooked on a certain angle...his youth is it. not enough detail or analysis of his story.
He's only been doing this for four months, if I heard correctly? he must be trading more volatile/risky options; it's impossible to get that kind of return from stock.
Four months is way too short to gauge/write about someone -- come back after four years.
i hate these kind of cute short not detailed news bits though....they're just hooked on a certain angle...his youth is it. not enough detail or analysis of his story.
He's only been doing this for four months, if I heard correctly? he must be trading more volatile/risky options; it's impossible to get that kind of return from stock.
Four months is way too short to gauge/write about someone -- come back after four years.
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he must be "trading" for longer. who would give 200,000 to somebody who's just been in the markets for 4 months?
and 22,8% return (per year i suppose) - well just buy and hold an index etf, would have made the same lately. of course, when stock markets crash again, it will not be so nice. but I doubt our genius will then make better profits either.
by the way, isn't it common sense on ET to *not* trade for friends and family (and even more for classmates and teachers!). poor guy when his performance breaks or he even starts losing the money they gave him.
and 22,8% return (per year i suppose) - well just buy and hold an index etf, would have made the same lately. of course, when stock markets crash again, it will not be so nice. but I doubt our genius will then make better profits either.
by the way, isn't it common sense on ET to *not* trade for friends and family (and even more for classmates and teachers!). poor guy when his performance breaks or he even starts losing the money they gave him.
How is he allowed to market to non-accredited investors?
http://jacobwohl.wix.com/wohlcapital#!about/c20r9
This "news story" had more holes than Swiss cheese.
His fellow students and gym teacher are investors? None of them are accredited how can they invest in a hedge fund?
His returns are 22% over what time period?
Is he even beating the S&P?
I think maybe his mom works at that station and got that fluff piece on air.
The Wohl fund is toast the minute we have our first legitimate correction. Book it.
His fellow students and gym teacher are investors? None of them are accredited how can they invest in a hedge fund?
His returns are 22% over what time period?
Is he even beating the S&P?
I think maybe his mom works at that station and got that fluff piece on air.
The Wohl fund is toast the minute we have our first legitimate correction. Book it.
Or sooner. He should pull that "about" page down fast.