Jump to content

Things That Make You Go Hmmmmm...........


Recommended Posts

“All it does is look at the last trade and calculate trades that would be equivalent of, ‘What if this security increases 50 percent in value in the next three seconds,”’ Meyer says of his program.

 

99.999% chance this is a ponzi scheme.

Link to comment
Share on other sites

Doesn't it just seem like he put 70% of the assets in Treasury bonds, in ten years those bonds would be worth 100% of the portfolio.  Then he did a bunch of crazy trades with the other 30%.  Combine a bull market in long-term Treasuries with a bull market in stocks = this guy. 

 

Or maybe he's also running a ponzi scheme.  He looks like he could be from Utah after all...

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...