tag:blogger.com,1999:blog-6624979079617922504.post823257223642363277..comments2023-09-30T10:20:30.142+01:00Comments on Prof Bob's Blog: Million dollar dopesProf Bobhttp://www.blogger.com/profile/09675668283116627528noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6624979079617922504.post-66221825087140273242009-02-19T11:10:00.000+00:002009-02-19T11:10:00.000+00:00Great posting Bob!I saw the programme and plan to ...Great posting Bob!<BR/>I saw the programme and plan to use it as an example of stupidity and greed in our investment management class. This is a clear demonstration that you cannot make money with day trading. Not surprisingly the hedge funds lost a lot of money: making money regardless of the market conditions is simply impossible.<BR/><BR/>Their instance to get the trader in and out of their position was, to say the least, silly. As an example a trader would have been better off buying gold and sit tight till the end of the trial.<BR/><BR/><BR/>I was shocked by the "professional" investors in the show that recommended a sick person to use a trash bin not to waste the time to run to the toilette. How pathetic. <BR/><BR/>Even more pathetic was on episode 3: he didn't pay anyone anything as they didn't make enough money. I applaud all these participants that left before the end of this circus. <BR/><BR/><BR/>All these greedy hedge fund managers deserve all they get. Hopefully many of them will close shop this year!<BR/><BR/>David from ZurichAnonymoushttps://www.blogger.com/profile/13789720152912405838noreply@blogger.comtag:blogger.com,1999:blog-6624979079617922504.post-73506644301137890072009-01-23T12:36:00.000+00:002009-01-23T12:36:00.000+00:00Hi BobMissed the programme - I take it this post m...Hi Bob<BR/><BR/>Missed the programme - I take it this post means you are still a firm believer all stock movements are through luck? The time for abnormal returns must be now?<BR/><BR/>Cheers<BR/>AdamAdam Gallagherhttps://www.blogger.com/profile/17320589349779660868noreply@blogger.com