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Teflon2Insults

04/08/16 12:01 PM

#346077 RE: Eliot Ness #346075

Would be...and on how, in basically just going about doing his thing he got into this whole whirlwind of a whole bunch of wackos calling him the greatest manager and investor of all time - and throwing rose petals under his feet wherever he went - to the complete manifestation of the devil and throwing the most bizarre accusations at him in no time at all.


Personally - I think as a fair and sort of fringe fund manager he was catching on to the SPNG stuff too....and basically figured he's take a fling (with what would be a small investment for a fund anyway)...bought institutionally - and then tried to cover/reverse (maybe short) as it unwound. Took a loss, licked his wounds with a martini and went on.

I teach Finance at a university and frequently have the class look at SPNG for discussion. Part of the discussions, especially in these later years, is with what one learns be applied to being on which side of these things? Even if there was a jail term of some years - would 5 years be worth say $50,000,000...especially as that same time one would be living and working in what may well be a prison of sorts anyway.

With Greed, the Ponzi Syndrome (victims refusing to ever fully agree they taken) and Stockholm Syndrome of so many making for - in an analytical sense - a very lucrative market opportunity.

Hopefully, they will chose to use both their abilities and common sense to chose to not take nor be taken by these things, which have been and I suspect will forever be around. (Some of the characters on the Boards have become great examples...and the source of a lot of fun and humor).