[Dilbert San Diego]

I wonder if they make more money from selling software, than they do from the actual trades they make?

I heard that years ago, people who claimed how easy it was to buy real estate with no money down, were making much more in profit from selling books and tapes telling you how to buy property with no money down, as opposed to the profits they themselves made from actually buying and selling real estate.

[Michael44.]

Any trading profit made by the principals on these scams is usually from front running their customers’ trades.

[Starboard]

I wonder if they make more money from selling software, than they do from the actual trades they make?

*************

That seems likely to me. Nearly all investors who achieved great wealth are fundamentals oriented investors (i.e., they meticulously examine a company’s financials, management, industry position, external influences, etc.) in order to minimize their risk exposure and maximize their potential gains. It takes an enormous amount of work, time and patience to be successful at it, and the ability to endure occasional losses which are inevitable. Get rich schemes are for suckers.