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Started By
Message
re: For all those poorly misguided do-it-yourselfers
Posted on 2/13/09 at 12:23 pm to amsterdam
Posted on 2/13/09 at 12:23 pm to amsterdam
quote:
Believe me I would love to post something more specific. Cant. Our industry wont allow it.
How tragically convenient.
quote:
Also, wampa takes a little to much credit for my arguments. He didnt even know I was on this board until 2 days ago.
You better talk to that alter of yours.
quote:
Also you seem to always have some kind of canned negative response to anything said by the dark side, What exactly do you do again?
Nothing canned, just whatever matches the discourse. CPA, although that is irrelevant to my argument; in fact it is the pumping of ones profession (I see this every day blah blah blah) that truly shows the thin veil that is trying to hide the emptiness behind industry talking points.
quote:
I know what Jersey does for a living, I know others in the profession very well. That doesnt impress me. There are good hedge fund guys and bad.
I am sure he is heartbroken that doesnt impress you. Again quality of argument is what is relevant... you cant go a post or two withouth referring to the fact you are in the 'industry' and thus know. Shockinly JT doesnt have to do that to support his claims.
0
Posted on 2/13/09 at 12:24 pm to amsterdam
quote:
Believe me I would love to post something more specific. Cant. Our industry wont allow it.
I have a 12" inch penis and drive a ferrari. I can't post pics cause my wife would get mad.
Posted on 2/13/09 at 12:24 pm to Tiger JJ
My opinion is that I'm still pissed that I couldn't do that shite. I would literally be retired today if I was rich enough to do that.
Posted on 2/13/09 at 12:25 pm to kfizzle85
I assure you i am not amsterdam.... i am much cooler 
Posted on 2/13/09 at 12:25 pm to Tiger JJ
quote:
if more of the people on this board had been accredited investors
quote:
I would have created several millionaires
Wouldn't they have most likely been a millionaire to begin with?
Posted on 2/13/09 at 12:25 pm to datdude3384
quote:
One of the college students here, and I must admit that amsterdam and wampawhatever have some gall to try and impose their will on this board. However this isnt the rant or ot, most here actually know wtf their talking about. I have read some of dam and wamp's posts and realize why people do not trust the finance types (personal advisors), they enforce ideas that they have not wholly understood. I see their flaws and if I, the unexperienced can see this, well don't try to call out col, mh, jt, and the others, or you will be criticized as deservedly so.
What flaws? and what have I said that is so untrustworthy? What is it that I dont understand?
Also not trying to impose any will. Just presenting a differing viewpoint. When I do (or wampa does) I get accused of not knowing anything, get called names, and you all link an article.
I like the debate, but I am not on here to convert anybody. I want to challenge your viewpoints as you do mine
Posted on 2/13/09 at 12:27 pm to MileHigh
quote:Please. there isn't a poster on this site who hasn't (involuntarily) seen you naked.
I have a 12" inch penis and drive a ferrari. I can't post pics cause my wife would get mad.
Posted on 2/13/09 at 12:27 pm to amsterdam
quote:
I like the debate, but I am not on here to convert anybody
What is the first sentence of the first post that started this thread again?
Posted on 2/13/09 at 12:27 pm to Cash
quote:
Wouldn't they have most likely been a millionaire to begin with?
No. You can get if you make $200k as individual or $300k as a family. Its fricking stupid rule. Really set up to keep the middle class not rich.
Posted on 2/13/09 at 12:27 pm to amsterdam
quote:
What flaws?
the whole "we can beat the market but nobody else can" thing, for starters.
Posted on 2/13/09 at 12:28 pm to MileHigh
Say what you want, but I cannot give specific advice. Not allowed on message boards. They have people posting on all the time on what to do with money they have. Cant give advice in that situation. Have to keep things general
Posted on 2/13/09 at 12:28 pm to Cash
quote:
accredited investors
Yeah what a stupid fricking regulation. Right now I'm not an accredited investor and therefore too stupid to make my own decisions with my money. If I win the Powerball next week I apparently gain some deep insight into the world of finance and am suddenly qualified to make all sorts of risky and creative investments.
Posted on 2/13/09 at 12:29 pm to Cash
quote:
Wouldn't they have most likely been a millionaire to begin with?
Maybe, maybe not. In any event, I would have earned many multiples of their capital.
Posted on 2/13/09 at 12:29 pm to Cold Cous Cous
plus, us non-accredited guys never get the opportunities to invest in a good ponzi scheme. 
Posted on 2/13/09 at 12:30 pm to Tiger JJ
quote:
In any event, I would have earned many multiples of their capital.
to clarify, probably in the 60x to 100x range. Like, stupid multiples, not your regular old 10 bagger.
Posted on 2/13/09 at 12:30 pm to Colonel Hapablap
quote:
the whole "we can beat the market but nobody else can" thing, for starters.
Lets just summarize this thread:
1) Col, JT Milehigh and other DIY's are idiots
2) DIY's cant beat the market
3) Index funds are useless
4) You need to hire people like me... because the act of getting paid makes me not a DIY and thus not exposed to point 1 and 2 above.
5) Always a great time to buy.
Does that about cover Dam and alt?
Posted on 2/13/09 at 12:31 pm to Colonel Hapablap
quote:
to clarify, probably in the 60x to 100x range. Like, stupid multiples, not your regular old 10 bagger.
I would also point out that this ONE SINGULAR TRADE would have beaten anything that the market will do over the rest of my lifetime.
Posted on 2/13/09 at 12:32 pm to Colonel Hapablap
quote:
the whole "we can beat the market but nobody else can" thing, for starters.
I never said that, I just said that you cant. I was not implying I could.
Actually this whole thing started with your assertion the market will lose another 50% based on your research. That is what Im calling you out for. I do not think you can accurately predict this. And if you do think you have the cred to back it up lets see some research.
Btw, I never did get your reaction to the funds thread, You said you were going to dissect them that night. Never did get you thoughts
Posted on 2/13/09 at 12:32 pm to MileHigh
quote:
Wouldn't they have most likely been a millionaire to begin with?
No. You can get if you make $200k as individual or $300k as a family. Its fricking stupid rule. Really set up to keep the middle class not rich.
I know, which is why I said most likely. I would hope someone with an income of $200/$300k for the past two years and a reasonable expectation that it will remain there would have a decent chance of a seven figure net worth.
Posted on 2/13/09 at 12:33 pm to Colonel Hapablap
what trade was that?
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