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it's weird reading annual reports where companies brag about "passing the costs on to consumers" when I'm on the consumer side too. $KO $PG
Apr 30, 2012
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there's just something about non-voting stock that says, "To hell with you." $GOOG
Apr 13, 2012
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"My father thinks the glass is half empty, my mother thinks it's half full, and I think what's in it is poison so it doesn't matter." -RTS
Mar 30, 2012
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- Explain This To Me (3 Comments)
Posts by Themes
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Explain This To Me
I don't get it. To paraphrase the joke about New York City having more lawyers than people, there are a bazillion money managers out there.
If you're going to insist on letting someone else manage your money, why on earth would you entrust it to a skeezball guy who ran a hedge fund into the ground and made Time Magazine's List of "25 People Most Responsible For the Financial Crisis?"
http://online.wsj.com/article/SB10001424052702304331204577355712440016188.html?mod=WSJ_article_comments#articleTabs%3Darticle
Who would want to invest part of their hard-earned life savings with someone like this? The fact that this guy is attracting new investors baffles me.