...I was against Karen. Read my old posts, I actually backed her up. Nevertheless you still can't explain why she experienced losses when all the Yahoo boys were making money like crazy and the market wasn't even volatile. Any suggestions? By the way, do you care to post her RETURNS in the last 3 years? AUM itself means not much...
The old pennies in front of the steamroller comment. Come on Penelope, you’re better than that, right?
Could you post what you have been drinking? I want some of that. Look, you are responding to your own posts and generally behave like you have just drank half gallon coffee. But anyhow, nothing in my post implied a stream roller argument. Look at the charts when her losses started, there was nothing special in the markets going on. Simply there was no reason for her to lose money, unless she somehow got too greedy and overextended herself. But the original strategy was still profitable in 2014 October I think...
The yahoo boys were overall some of the greatest minds I’ve worked with. The group is basically nonexistent now. We all developed our own nuances and went our own way. Karen didn’t experience sustained losses. She’s back and better than ever and it’s just a matter of time before we hear from her publicly. Listen to her interviews. She should have been monitoring delta. But who am I to offer a suggestion?
She didn't just her investors. But anyway, any evidence of her doing well, beside your word?? (I don't doubt it after all it is still a bull market and she is selling puts)
At least check out her 2018 SEC filings. She is still a force and no one here, present company excluded, can replicate her success. I haven’t replicated her, I’ve improved upon her strategy. Where is Lawrence Loogie when I need him most?
FRAUD:wrongful or criminal deception intended to result in financial or personal gain. Just for those who missed the story, the TL;DR: version of it: Karen the HF manager started to do "funky" trades around late 2014 when in the beginning of the month she sold options (mostly puts) and reported the gains to her investors. The trades were hedged with futures, and all thing equals the position overall didn't make any money. But she as the manager was paid on the reported still open gains. And that is the text book case of fraud, when the manager doesn't manage her investors money in their best interest.... She was promptly sued and this summer the case was settled out of court. Sweet Bobby is going to tell us the settlement, because he seems to be very well informed....
I would argue that it was more likely that the government didn’t understand rolling. I have read the complaint multiple times.
Honeybun, I love your way of changing the subject AND attacking the messenger at the same time, but instead, why don't you include a link to her returns? She is the topic not you or me... P.S.: Last chance before I put you on Ignore, adopted children or not.