$3.1 Billion Hooker Fail

ackvt's Avatar
  • ackvt
  • 10-11-2013, 09:35 AM
This guy should have joined eccie or another site. This has to be the most expensive hooker bust in history.

http://www.cnbc.com/id/101103695
Wakeup's Avatar
Greatest part of the article...

"Common Sense did not respond to requests for comment."

So NOW they display some?
The sluggish returns were ok. Just don't get caught with a hooker!

The Common Sense Long Biased Offshore fund was up 8.3 percent this year through July 31, according to a report from The University of Toledo Foundation (which started redeeming in February). But the net annualized return for the fund since May 2008, when the foundation first invested, was just 1.8 percent, according to the report.
4karlos's Avatar
...and one day they will discover that their new wealth manager invests the money in companies producing weapons, booz, pain killers, offshore manufacturing with child labor etc etc... and that will be ok
ackvt's Avatar
  • ackvt
  • 10-11-2013, 12:24 PM
...and one day they will discover that their new wealth manager invests the money in companies producing weapons, booz, pain killers, offshore manufacturing with child labor etc etc... and that will be ok Originally Posted by 4karlos
Hey, chosen correctly and timed right those companies can make a lot of money. Hookers however cost money.

But in reality no one cares what people do, they only care what people get caught doing.