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To: Black Tooth

The stock market would seem a sucker's play for the small time guy these days. It doesn't seem to reflect the current economic reality. Massive amounts of money bouncing around through hedge fund and institutional guys. Even their pay is screwy -- 28 year old hedge fund guys making $5 million a year. What the heck is that about?


452 posted on 07/28/2005 2:00:41 PM PDT by durasell (Friends are so alarming, My lover's never charming...)
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To: durasell
Even their pay is screwy -- 28 year old hedge fund guys making $5 million a year. What the heck is that about?

Don't you know? Supply and demand. If the demand for talented investor falls or their supply increases, his salary will go down.

Now, when was the last time you asked: an NBA star --- whose main talent is pushin a round rabber thing through a hoop, 'mind you --- makes $30 million from being a "spokesperson" for MCI, what the heck is THAT about?

That "srar" spent a few days in total on shooting commercials. By comparison, that 28-year-old works 14-hour days and has no vacations. Somehow THAT bothers you.

Why?

611 posted on 08/02/2005 3:40:06 PM PDT by ExitPurgamentum
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