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-   -   Big Brown Owner Fined by NASD (http://www.derbytrail.com/forums/showthread.php?t=22822)

philcski 05-28-2008 07:29 PM

Quote:

Originally Posted by jwkniska
Every single one of those hedge funds are as crooked as a three dollar bill. They're unregulated and totally crooked.... but that hoss is outstanding!!

This guy didn't work at hedge funds, he worked at crooked boiler room brokerages who were rampant in the 80's and 90's. Brokers make money on the execution of transactions and hold no risk- completely different from hedge funds.

By the way, I'll excuse your ignorance on the topic, but hedge fund employees only get paid when they show positive performance. It isn't in their best interest to rip off the client.

jwkniska 05-28-2008 07:56 PM

Quote:

Originally Posted by philcski

By the way, I'll excuse your ignorance on the topic, but hedge fund employees only get paid when they show positive performance. It isn't in their best interest to rip off the client.

didn't know that... thanks for the info... will pass it along too.

Danzig 05-28-2008 07:56 PM

i don't know what's worse, crooks on the loose, or people referring to big brown as outstanding and incredible.

philcski 05-28-2008 08:01 PM

Quote:

Originally Posted by jwkniska
didn't know that... thanks for the info... will pass it along too.

That doesn't mean I necessarily like them or endorse them, though.

Rupert Pupkin 05-28-2008 08:20 PM

Quote:

Originally Posted by philcski
This guy didn't work at hedge funds, he worked at crooked boiler room brokerages who were rampant in the 80's and 90's. Brokers make money on the execution of transactions and hold no risk- completely different from hedge funds.

By the way, I'll excuse your ignorance on the topic, but hedge fund employees only get paid when they show positive performance. It isn't in their best interest to rip off the client.

That is correct. Most hedge funds get 20% of the profits and charge a 1% management fee. The hedge fund operators aren't going to make any money if the investors aren't making money.

Fearless Leader 05-28-2008 08:48 PM

Quote:

Originally Posted by stonegossard
You are an idiot.

It's kinda like saying all Irish are drunks ? A ridiculous assumption/generalization.


Name some of the funds you looked into?


You mean they're not ?

blackthroatedwind 05-28-2008 08:51 PM

Quote:

Originally Posted by Fearless Leader
You mean they're not ?


You beat me to it.

The Indomitable DrugS 05-28-2008 09:00 PM

Quote:

Originally Posted by Danzig
i don't know what's worse, crooks on the loose, or people referring to big brown as outstanding and incredible.

Wall Street people talking on tv.

Commentator #1: It's a bull market for tards today over at Derby Trail! As Mister B. posted his take on what really took place in the early stages of the Preakness. And in other DT news, sanity is trading at near 52-week low levels after poster NLFP suggested that Gomez stiffed Hard Spun in the Belmont Stakes..

Commentator #2: Talks of recession might be premature as many insiders feel that Cannon Shell will outperform quarterly expectations and start as many as 9 new polls. Members of the street can also take heart knowing that Freddy had bad luck at his card game and the resulting losses could mark a decrease in his sober post to belligerent post ratio - thus causing a greater overall entertainment value

It's time for a break - but don't touch that remote! Coming right up, we will have Justindew and Stone Gossard join us. Justin will tell you why Rush Limbaugh is really God. Stone G. will probably call him an idiot and diss Someoneluvsyou a few times.

stonegossard 05-28-2008 10:32 PM

Quote:

Originally Posted by Fearless Leader
You mean they're not ?


Well...maybe I was reaching a bit.....

stonegossard 05-28-2008 10:34 PM

Quote:

Originally Posted by The Indomitable DrugS
Wall Street people talking on tv.

Commentator #1: It's a bull market for tards today over at Derby Trail! As Mister B. posted his take on what really took place in the early stages of the Preakness. And in other DT news, sanity is trading at near 52-week low levels after poster NLFP suggested that Gomez stiffed Hard Spun in the Belmont Stakes..

Commentator #2: Talks of recession might be premature as many insiders feel that Cannon Shell will outperform quarterly expectations and start as many as 9 new polls. Members of the street can also take heart knowing that Freddy had bad luck at his card game and the resulting losses could mark a decrease in his sober post to belligerent post ratio - thus causing a greater overall entertainment value

It's time for a break - but don't touch that remote! Coming right up, we will have Justindew and Stone Gossard join us. Justin will tell you why Rush Limbaugh is really God. Stone G. will probably call him an idiot and diss Someoneluvsyou a few times.


Dont you have a horse to do some intense research on...follow his career closely.....do some great work.....find a great spot to make some money betting him.......






















then chicken out and not bet a dime when he wins at 8-1 ?


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