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  #1  
Old 05-28-2008, 03:44 PM
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slotdirt slotdirt is offline
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Quote:
Originally Posted by jms62
He is as likable as Curlins owners...
Current or former?
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  #2  
Old 05-28-2008, 03:45 PM
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Quiet Chris Quiet Chris is offline
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Quote:
Originally Posted by slotdirt
Current or former?
Probably the ones in jail.
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  #3  
Old 05-28-2008, 03:47 PM
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jms62 jms62 is offline
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Yes, I should have stipulated that.. The Phen Phen gang...
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  #4  
Old 05-28-2008, 06:16 PM
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jwkniska jwkniska is offline
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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!!
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  #5  
Old 05-28-2008, 06:17 PM
blackthroatedwind blackthroatedwind is offline
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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!!

Every single one?

Got any facts to back up this silliness?
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  #6  
Old 05-28-2008, 06:50 PM
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ateamstupid ateamstupid is offline
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LOL @ Pants. Bensonhurst every weekend.
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  #7  
Old 05-28-2008, 07:00 PM
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jwkniska jwkniska is offline
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Quote:
Originally Posted by blackthroatedwind
Every single one?

Got any facts to back up this silliness?
every one that I've looked into... which is a ton of them (been investor for years and have many relatives in the industry).

If you know one on the up-and-up... I'll gladly tip my hat to them.... never seen one though.
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  #8  
Old 05-28-2008, 07:10 PM
freddymo freddymo is offline
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Quote:
Originally Posted by jwkniska
every one that I've looked into... which is a ton of them (been investor for years and have many relatives in the industry).

If you know one on the up-and-up... I'll gladly tip my hat to them.... never seen one though.
This post is absolutely nuts.. Most hedge funds are run by brilliantly successful people who make their investors a very satisfactory return. Trust me if racing horses was 1/10 as straightforward and successful as MOST hedgefunds racing would be flourishing. The reason why Hedge fund investing is growing in popularity is because most (probably 75 to 80%) earn a profit each year.
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  #9  
Old 05-28-2008, 07:16 PM
stonegossard stonegossard is offline
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Quote:
Originally Posted by jwkniska
every one that I've looked into... which is a ton of them (been investor for years and have many relatives in the industry).

If you know one on the up-and-up... I'll gladly tip my hat to them.... never seen one though.

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?
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  #10  
Old 05-28-2008, 07:20 PM
-BT- -BT- is offline
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the more and more i read about this guy the less and less i like him
also, never been a fan of private sales either
but that horse can run
That photo reminds me of this (around the 2 minute mark)
http://www.youtube.com/watch?v=QRO3RJ9cYSo

-bt-
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  #11  
Old 05-28-2008, 06:58 PM
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Cajungator26 Cajungator26 is offline
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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 is pretty ridiculous ... are you in the industry?
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  #12  
Old 05-28-2008, 08:29 PM
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philcski philcski is offline
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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.
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  #13  
Old 05-28-2008, 08:56 PM
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jwkniska jwkniska is offline
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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.
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  #14  
Old 05-28-2008, 09:01 PM
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philcski philcski is offline
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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.
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  #15  
Old 05-28-2008, 08:56 PM
Danzig Danzig is offline
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i don't know what's worse, crooks on the loose, or people referring to big brown as outstanding and incredible.
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  #16  
Old 05-28-2008, 09:20 PM
Rupert Pupkin Rupert Pupkin is offline
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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.
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  #17  
Old 05-28-2008, 10:00 PM
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The Indomitable DrugS The Indomitable DrugS is offline
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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.
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