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Hedge fund manager admits he has no idea what he is doing

Wall Street – Prominent hedge fund manager, Gary Goldstein – from GoldSlice Capital Partners – admitted that he has no idea what he is doing.

“The stock market has always confused the heck out of me,” Gary said in a rather stern yet remarkable interview. “I mean sometimes stocks go up and sometimes stocks go down. I just am never sure if the stock I am going to buy will go up or will go down.”

Gary went to elaborate how he has no clue what kind of discount rate to use or what a capital asset pricing model (CAPM) is.

“I will have fresh MBA interns in for the summer who will ask me what WAAC to use in their discounted cash flow model they built out in Microsoft Excel. I usually just say the one that makes the most sense because I have no idea what WAAC even stands for.”

Gary graduated from college at Harvard University in the late 1960s. Back then Gary had long brown hair that blew in the wind, smelled like rank reefer and protested everything the Johnson administration was doing.

“I took way too much LSD in my college years man,” Gary stated with a dead look on his face. “Shit man, I don’t even know what I learned.”

After Gary managed to graduate from college, he got a job on Wall Street as an investment banker at Bear Sterns. Gary worked at Bear Sterns for a few years then launched his hedge fund to outside capital in the fall of 1983.

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https://ad-venturing.com/2019/10/05/hedge-fund-manager-admits-he-has-no-idea-what-he-is-doing/
 
JOTD. _JOHNLGALT. is searching:
1). Latest Content: 5 minutes ago, 4 minutes ago, 3 minutes ago, 2 minutes ago, one minute ago.
2). Page Charts.
Option 3. (he keeps his search history private, so that R. SOLES like you cannot hold him to account & he can say whatever $#!T he wants to). 10/4 over & out. _JOHNLGALT.
p.p.s. standard operating procedure of Silver Stackers comments smarties who know how to manipulate the comments section. _JLG.
 
I don’t get what you are trying to say or the joke?

JOHNLGALT said:
JOTD. _JOHNLGALT. is searching:
1). Latest Content: 5 minutes ago, 4 minutes ago, 3 minutes ago, 2 minutes ago, one minute ago.
2). Page Charts.
Option 3. (he keeps his search history private, so that R. SOLES like you cannot hold him to account & he can say whatever $#!T he wants to). 10/4 over & out. _JOHNLGALT.
p.p.s. standard operating procedure of Silver Stackers comments smarties who know how to manipulate the comments section. _JLG.
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l***g said:
I don’t get what you are trying to say or the joke?
Click to expand...

It may be just a little too complicated for the average Joe & Jane six-pack commenter on here, so please take a break & a few deep breaths, inhale, breathe out slowly & it will all come to you. & remember:
option 4.) he may be engaged in conversation*
p.s. *Don't call me, I'll call you.
 
I’m sorry that I don’t understand you. What happened to #3?

JOHNLGALT said:
It may be just a little too complicated for the average Joe & Jane six-pack commenter on here, so please take a break & a few deep breaths, inhale, breathe out slowly & it will all come to you. & remember:
option 4.) he may be engaged in conversation*
p.s. *Don't call me, I'll call you.
Click to expand...
 

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A lady about 8 months pregnant got on a bus. She noticed the man opposite her was smiling at her. She immediately moved to another seat. This time the smile turned into a grin, so she moved again. He seemed more amused. When on the fourth move, the man burst out laughing, she complained to the driver and he had the man arrested.
The case came up in court. The Judge asked the man (about 20 years old) what he had to say for himself.
The man replied...
"Well your Honour, it was like this: When the lady got on the bus, I couldn't help but notice her condition. She sat under a sweets sign that said, "The Double Mint Twins are Coming" and I grinned.
Then she moved and sat under a sign that said "Logan's Liniment will reduce the swelling", and I had to smile.
Then she placed herself under a deodorant sign that said "William's Big Stick Did the Trick", and I could hardly contain myself.
BUT, your Honour, when she moved for the fourth time and sat under the sign that said "Goodyear Rubber could have prevented this Accident"..I just lost it.
"CASE DISMISSED!!"
 
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