No wonder mom is terrified. He's skipping school to trade stocks and watch CNBC. That home schooling part is just BS. I'm sure he learned a lot about finance by hustling around the block for new investors.
oooh he has a fund, big deal. Paris Hilton is a multi-millionaire, and does that mean she gets respect too? He is a novelty just like Paris Hilton and he got a hook up just like she did....Neither one of them did shit to deserve it anymore than anyone else..... So like I said, we'll see how he turns out.
Any moron can start an investment club and call himself a "fund manager". http://www.amazon.com/Beardstown-La...5891367?ie=UTF8&s=books&qid=1182877178&sr=8-1
Don't you remember this when it came to light? Anybody? They were counting the money they were adding as part of their return. It the account was 100 grand, and they added 10, that was a ten percent return. And the press tripped over themselves to write it. The true cylical top comes when a caucasian kid, actually, any non - Asian, is proclaimed as a Guru.
Surprised nobody mentioned this. But am I the only one that thinks these kids will be sucking dicks for OTB money by the time they are 25? A 14 year old kid should be doing anything except placing bets. The parents should be neutered.
You call that an education? "Part of Brandon's home-school curriculum involves finding unusual classes and learning opportunities on the Internet and in New York City, including volunteering and training at the Brooklyn Public Library, online math classes through Ivy League schools, chess clubs and Lord of the Rings reading societies. The unorthodox schedule allows Brandon to spend as much as eight hours a day researching companies and investments and making trades." This is classic: BestPrep Weeklong financial-literacy camp in Minnesota for student in grades 9 through 12 $100 The camp brings in a white-collar criminal every year to talk to the kids.
Awesome, if that kid sticks with it he's going to be one of the best when his time comes. I started around 13, and forced all my friends to join me. I remember buying Playboy thinking everyone loved porn, then I got pissed off when the stock kept falling. 10th grade came around and we had a stock market competition, we loaded up the entire portfolio on TASR. Watched it sky rocket up then sold a week before it's collapse. We won the competition, and that record is still in place lol My friend and I would ditch class to go check on stocks, it was great. My senior year it got really bad, I just flat out wouldn't go to school because the market was much more interesting. He sees CNBC as a way to keep in touch with the market. He'll eventually learn how stupid some of things he did were, but he'll grow from them. When he starts with real money, he'll make some serious mistakes and wonder why trading paper was so easy. But it's all apart of the process. I think this is pretty cool. I just hope he continues to learn and push himself and never give up.
He has a brokerage account in custody of his parents and pretends to run a business. That doesn't make him a fund manager, whatever the headline says. Martin