To: TigerLikesRooster; Uncle Ike; RSmithOpt; jiggyboy; 2banana; Travis McGee; OwenKellogg; 31R1O; ...
2 posted on
09/06/2008 6:40:09 PM PDT by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
There was a rumor reported in today’s Barrons that a number of hedge funds had lost serious money on credit swaps they had used to bet on a big oil hit in Hurricane Gustav.
Does this mean that the investment banks who took the other side made a killing? Maybe some lucky trader made back all he lost on subprime.
To: TigerLikesRooster
Nothing like bringing a bucket of gasoline to the brush fire......
4 posted on
09/06/2008 6:46:03 PM PDT by
pointsal
To: TigerLikesRooster
Die effin’ hedge funds die! Everyone is sick of you smart Alecs
5 posted on
09/06/2008 6:51:02 PM PDT by
dennisw
(Never bet on a false prophet! ::::::::::: Never bet on Islam!)
To: TigerLikesRooster; M. Espinola; Travis McGee
We can only hope that all
Soros funds are on the death watch list . . . When they line up traitors to be shot he ought to be first in line.
6 posted on
09/06/2008 6:52:00 PM PDT by
ex-Texan
(Matthew 7: 1 - 6)
To: TigerLikesRooster
7 posted on
09/06/2008 6:54:42 PM PDT by
webschooner
(McWhatshisname/Palin 2008 !!)
To: TigerLikesRooster
Does this mean the Clinton daughter will unemployed?
8 posted on
09/06/2008 7:00:06 PM PDT by
freekitty
(Give me back my conservative vote.)
To: TigerLikesRooster
Anyone dumb enough to give their money to a scam like this should lose their money.
10 posted on
09/06/2008 7:15:21 PM PDT by
org.whodat
(Republicans should support the SAM Walton business model, and then drill???)
To: TigerLikesRooster
Edward O. Thorp, the mathematician who wrote “Beat the Dealer,” was also a pioneer in hedge funds.
The casinos were worried that his book would be the death of blackjack because so many people could use his system to win. In truth, his book was a boon to casinos because so many people bought his book then went to try it without really understanding it or practicing.
It looks like the same phenomenon can be applied to hedge funds. When there were just a few professionals they generally made very good returns. Thorp made about 20% annually for almost 30 years. As more and more brokers without enough experience (read Hunter Biden) jump in the pool is diluted and the quality diminished.
11 posted on
09/06/2008 7:38:38 PM PDT by
Pan_Yan
(All gray areas are fabrications.)
To: TigerLikesRooster
Blood in gutters running means buy-buy! Too bad I am flat broke!
26 posted on
09/07/2008 3:08:35 PM PDT by
bvw
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