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Old 04-16-2011, 08:05 PM   #17

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Re: Time and Performance

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Originally Posted by boomerangas »
I've been on TL long time ago, just when i was in Uni. Currently, i work in London City in one of the investment banks and i have a lot of connections in financial community. So i'd like to mention, dear Urma, that NOBODY who is successful in this business doesn't advertise himself on TL and just satisfying his EGO for years. If you are successful ( like you are ) - you are too busy posting bullshit here on TL, instead you are trading, driving expensive cars, drinking fine cognacs in a Michelin-starred restaurants. I know nobody posting bullshit like you, but these people earning 10+ mil. annually, so i think you are earning even more so you have plenty of free time? So i'd suggest to do same for you, Urma, way you should be too successful and too busy to post in this "kiddies" board and to spend your valuable time.
p.s. don't trust any scam artists around - go for investment banking studies, try to get junior analyst job somewhere in Manhattan or London City, at least you will be paid on monthly basis and will see how things are really going here.
It is a lot easier to trade, engaging in moral hazard, when you are certain you will be bailed out by tax payers. Your statement " don't trust any scam artists around - go for investment banking studies," is irony at its best. The bulk of the traders who work for the firms you speak of can't trade worth a shit and get paid for reasons that they will not be able to explain, but certainly feel entitled to it.
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Old 04-20-2011, 01:15 PM   #18

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Re: Time and Performance

You are not sure what you are talking about at all, MightyMouse. In all the private hedge funds you'll be fired the very next day if'll not be trading by a system rules or you'll make an even 3% unexpected loss for the managed portfolio.
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