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Re: IslandOfMisfitToys post# 227375

Sunday, 11/17/2019 8:48:11 AM

Sunday, November 17, 2019 8:48:11 AM

Post# of 424787
Giardino already tried that several years ago by offering his services as "Blue Note Investing."

https://angel.co/company/blue-note-investing

Product
The product is basically my brain! I'm a bit of a savant with numbers. Genetics I suppose. High IQ. My late paternal grandfather was actually a bookeeper for some notorious figures in the 60s. I digress.. Here's the thing--I have the ability to find high yield moments of investing in carefully chosen securities. Over the last few years I've achieved fantastic results: 74%, 58%, and 116% respectively (well, 116% is still in flux--we have a bit under two weeks left. And I got there with the help of buying SRPT at $13.12 on the dip, and selling today at $19.40--a rare, but highly lucrative find).
The problem is, I'm not wealthy by any means, and the meager sums I've been producing seem almost a waste of good trading: my account would have grown to just under $30k had I not withdrawn profits. Of course, if I had started with, say, $500k, instead of $5k, it would have grown to almost $3mm (yes, volume would have allowed the higher money trades... mostly).
Technology
Now what if I could find a number of wealthy investors who would be willing to risk, say, 1% of their portfolios on some 30-something from Albany, NY, who claims to know his way around the market? Obviously a high risk scenerio(?), but I would do so for no fees, only a cut of the profits. In fact, should the investments lose ground, I would consider it a negative commission. In other words, say you lost 10% in two months, and then gained 15% from there in one month. I would receive commission from just the 5%. Also, I would deduct commission quarterly only (or upon your withdrawl).
The numbers I'm thinking of are as follows: if your portfolio under my complete management grows 10%, you receive 7% and I, 3%. If it grows 20%, you receive 16% and I, 4%. If it grows 30%, you receive 25% and I, 5%, etc. Therefore the more you make, the more I make, even though the more you make the LOWER the % you are giving me (relative to your gain).
Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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