i like how the hedge fund manager was basing his short on TRLG on a few stores they visisted in brooklyn...also where's that Sykes fanboy at?
He has no respect for his mom. I really hope he is acting like that for the sake of TV .... The lunch roundtable was laughable ....
HDTV 1 and here is the schedule again: http://www.inhd.com/networkSchedule...rkSchedules.jsp Today it is at 11:30 ET, tomorrow at 9 pm. Well, new episodes are on Sundays at 10 pm...
The third show did nothing except reinforce my belief that this show is a crock of shit. They should put it on MTV. Makes me sick.
The third epsidode was pretty weak. Overall, the show is pretty good, and does offer some insight into the other side of your trades.
its true that table discussion was pretty retarded. It remind of the kids that get into investent banking and dont realize the huge pile of shit you go through and think that you automatically turn in charlie sheen from wall st.
I'm one of those people at the dinner scene you all don't seem to like so much. That was a 3 hour dinner and unfortunately they cut it so the only thing we talk about was what each of us defined as OBSCENE wealth. We don't expect to make that $ any time soon, those are just our goals of what we'd like to make and since we are all hard working and young enough, give us a few decades, we probably will reach our goals. Also, Tim is ridiculously spoiled by his mom, he admits it; we all think its pretty funny. So, what if he has IKEA, he's a startup fund manager! $1.65 million after taxes doesn't go very far in NYC, especially when the majority of it tied up in a fund. Also, don't judge Tim's trading by the show. I've known him for several years and its remarkable what he's accomplished and he's become pretty conservative in the past few years. Have any of you made over 130 times your money in 4 years and not lost much off your highs? I highly doubt it. I have no doubt he'll do well over time.
As the saying goes, never mistake a bull market for brains. Everything went up, no matter what it was. But you're right, I give him credit for knowing when to pull out before the correction turned ugly. So many others actually made more than 1.65mil on paper, but yet they held on and lost it through 2003.