Australian (ASX) Stock Market Forum

20% above cash guaranteed: Would you invest?

EXCLUSIVE: MORE than $60 million in investors' money is feared lost following the collapse of an investment scheme operated by a South Australian finance company.

Off topic i know, but one of my good mates works for the firm that will be liquidating this.
 
Might take a few PHDs a month. Or maybe a year. The beauty is time is on your side. Moore's law means your computer power will increase, and what better time to hire maths PHDs fallen from grace than now! So recently after being booted from their lofty qant desks after 25 sigma events.

Whats with the quant bashing? :(
Off topic, but most[developers as opposed to traders] just program tools for traders. Once the traders f**k up, well its the model/quants fault :)
 
If it looks too good...sounds too good...it probably is too good. How many examples of this do we need, to learn to stay away from them?
 
for eg; I dont like the idea of a former 'car' man now chairman of BHP, as far as I am concerned he knows nothing about a mining company....its a lot different to mining the govt for assistance for the car industry....
I'm sure that's what Ford said about the aeroplane guy too.... But I can agree with some of your other points and I had pondered the same - particularly with regard to the person running the show getting hit by a bus.
 
Blah Blah Blah i say . on one hand we got kincella saying "i do this and i make +20% a year on commercial real estate "etc etc ....... its easy blah blah blah .

on the other hand we got TH saying " yeah i can do it and this is how it is "

we have seen what he can produce .

personally , yeah i,d take a small % risk on my capital with the fella BUT it would be a small % that i was WILLING to do in the search of the promised returns ...... NOT SHEEP STATIONS and not of the same calibre i would hold a property investment in .........

anyways the way i see it is one bloke promising returns available but not willing to show his actual hand and another namely TH thats shown us his hand in the past and coming up with hypothetical risk situation you either willing to take or not .....

i cant see him being too upset if no one willing to take it


its purely just another business risk and of which you control the size one is willing to take compared to the perceived reward

each to there own and show me a hypothetical dotted line..............
 
Come on TH, Nun's thrown down the gauntlet:D

cheers

uh?

no gauntlet ... just pointing out i regard this hypothetical situation as just another " trade" kinda thing .......... you either take a punt or ya dont .........

yeah i,d take a small punt , but only a number i could live with losing if it all turned to sheeet ...... but im ok with that risk , if others are not , thats fair enough ...... dont do it ......... simple really
 
anyways . i think TH currently on holidays , spending kincellas investment up the wall of a local vegas strip joint :D
 
i believe some investors can generate 20% returns year in year out, with the odd bonanza of a monster return...using the 3 main asset classes and leverage
but I doubt anyone, or a fund can generate returns much above 15-20 consistently over a number of years...on the stockmarket alone.....

Are you talking about all participants in the market, or just 'investors' (i.e. handicapped longterm trading)?
 
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