Thursday, November 29, 2007 3:00:00 PM
A lot of the information I can state comes from my own experiences. I worked at Merrill Lynch first as a broker, then a VP, and also as a trainer of their brokers. I left Wall Street to start my own management company, and I still do that. I manage two private partnerships that invest in lots of things. Mostly real estate and I've also added a smattering of Venture Capital to the mix (read: start up money long before an IPO, to small companies that hopefully make it to the IPO stage and reward me handsomely). I find that I can get better deals and higher returns for my investors with what i do now than being stuck in the stock and bond markets as my only real alternatives, like at Merrill. My returns last year were about 40%, but this year will be closer to 15%, thanks to the decreases in the real estate market. I've had a few years over 100% though, which helps the average.
That's why I at times come on and answer questions of a technical basis. And why when somoeone say something that is not facutally correct concerning a stock issue I try to correc them. I won't tell someone their opinion is wrong, but if they state a "fact" that is incorrect I try to point it out as not right. Also, when questions are asked about things like Increasing authorized shares, or some other capital question, I try to give an answer. I've just dealt with it for many years.
And answers on diving and treasure? LOL. NOpe, nothing there. NOt when it comes to water hunting. Never did it, would llove to spend a few weeks with the crew, but have no answes. only questions.
That is a brief synopsis of who I am, without saying too much. If I can answer some questions on stock, I'll do so on the board. With bad typing, but at least with good answers. LOL
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