Quote:
Originally Posted by brownie
Thanks Bug,the 100 grand about seals it for me,seeing that I would let this guy to run a lemonade stand,dont think I'll be giving him that amount of cash.
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I see two types of Hedgies.
One wears a flashy suit, expensive watch, cufflinks, and is even more arrogant than an i-banker (which takes a lot ;-) ).
The other types are the nerdy analytics with mismatched clothes and poor hygiene.
They can make an amazing amount of money since not only do they take a management fee (like a mutual fund) but also profit share once the annual return hits a certain level. IE. they get to keep a third of any returns over 12%.
~Bug