"I'll retract Musk as an example, and offer Jeff Bezos instead." Bezos (or Musk) as some form of the EMH counterexample?
Instead, I would like to offer the record of an incredibly talented young woman who fearlessly traded futures commodity markets for just ten months and produced an unbelievable 9900% return! Then she closed her account and turned her full attention to an arena that was closer to her heart. Needless to say that she achieved great success there as well; unfortunately, recently she tried to emulate her husband and get the highest prize but she fell short causing sorrow to a majority and joy to a minority (although some still think that it is not over until it is over). An account of her amazing trading feat can be found at, https://www.rcmalternatives.com/2016/03/the-history-of-hillary-clinton-trading-futures/ On Thu, Jul 25, 2019 at 6:38 PM Raul Miller <[email protected]> wrote: > On Thu, Jul 25, 2019 at 1:24 PM Devon McCormick <[email protected]> > wrote: > > Funny you should mention Buffet when Berkshire Hathaway has lately been > > under-performing the S&P 500: > > > https://www.fool.com/investing/2017/07/23/an-interesting-chart-about-berkshire-hathaway.aspx > > Ok, but this doesn't mean that the market is efficient. The guy is > getting to be rather old. I imagine I would be slowing down also, if I > even survive to be as old as he is. > > > Musk is even funnier - he's basically running a Ponzi scheme with Tesla. > > Ponzi scheme: "a form of fraud in which belief in the success of a > nonexistent enterprise is fostered by the payment of quick returns to > the first investors from money invested by later investors." > > Heavy industrial rollout with significant r&d effort doesn't fit this > concept. > > Try again? > > Ah, ok, you did: > > > Actually, "Ponzi scheme" is inaccurate - it's more of an accounting scam. > > Full disclosure: I have a short position on Tesla. > > Well, ... I guess having the success of your finances depend on his > enterprise failing to deliver would account for your opinion on the > matter. I'll retract Musk as an example, and offer Jeff Bezos instead. > > Thanks, > > -- > Raul > ---------------------------------------------------------------------- > For information about J forums see http://www.jsoftware.com/forums.htm > ---------------------------------------------------------------------- For information about J forums see http://www.jsoftware.com/forums.htm
