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re: 228% return in 3 months

Posted on 4/22/08 at 11:50 pm to
Posted by Tigahs
Member since Jan 2004
22836 posts
Posted on 4/22/08 at 11:50 pm to
quote:

I mean wouldn't someone else have realized this clearly dominating strategy?


ever heard of a hedge fund? naw, but seriously my group in high school had a +150% return, speculating can work against you sometimes.

but he hit it good w/ food, b/c there is kind of a global food shortage hitting right now
Posted by LSUKTR
Baton Rouge
Member since Nov 2005
1489 posts
Posted on 4/23/08 at 12:26 am to
He's doing so good because he is taking substantial risks that he wouldn't take had the money been real.

shite, you diversified like an intelligent investor and what one would likely do had it been real money.
I'd give you an A and him an F because, over the long-term, you would end up well off and his strategies would leave him in rags.

....and he may have to pull out over the next year because of his strategies volatility and pay short-term capital gains tax which would be pretty large on income of $1mil+
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