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Lucky Luciano

(11,811 posts)

9. One thing Magerman does have....

Reply to still_one (Reply #2)

Mon May 8, 2017, 10:21 PM

May 2017

He knows the secret sauce - or much of it anyway. A disgruntled former employee with a lot of knowledge about a firm that makes 80% returns every year for over 30 years? They'll pay to keep his mouth shut.

1000s of math/science/computer science/stats PhD have tried to replicate Renaissance. To no avail. There are two kinds of hedge funds. Renaissance and not Renaissance.

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Mercer Sued by Hedge Fund Worker Fired After Blasting Trump [View all] Lucky Luciano May 2017 OP

Wow, hope he gets $ settlement for wrongful termination. don't think an employer can fire someone.. iluvtennis May 2017 #1

unfortunately, I don't think he has a case. If you call you boss a racist, that probably is still_one May 2017 #2

One thing Magerman does have.... Lucky Luciano May 2017 #9

80% every year for 30 years? That would turn 1 dollar into 45 million muriel_volestrangler May 2017 #11

Simple interest. Size of the fund is capped. Lucky Luciano May 2017 #12

If it's simple interest, then it's not a meaningful return per year now muriel_volestrangler May 2017 #13

Well...not exactly simple interest... Lucky Luciano May 2017 #14

I'd love to see what comes out in discovery DBoon May 2017 #3

The Mercers are truly, truly evil. I hope they get skewered, at least in the media. Sculpin Beauregard May 2017 #4

so Mercer lost his cool. Lets hope they hit him good in the wallet. riversedge May 2017 #5

Black people "were doing fine" making $2.00 to $5.00 a day back in the late 1950s? Elwood P Dowd May 2017 #6

Sleazebuckets. nt Lucky Luciano May 2017 #7

You really need to read this article from the Guardian. dawn frenzy adams May 2017 #8

Yup...been watching this stuff. Lucky Luciano May 2017 #10