Exposure Is Good, The SEC Are Rapists
Posted by Timothy Sykes on Sat 26th of Jan, 2008 02:44:28 PM
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Lots of reactions to my WallStrip video, now working my way through 500+ emails, TheDisciplinedInvestors likes it (and I really like his book as a great overview for beginner investors), HighChartPatterns likes it, Muffie is a typical Wall Street snob/idiot, and New York Magazine is more interested in me calling the SEC rapists.
(I’m not whining, I just think it’s sad that due to all my exposure, I could raise $10mil easy now, but back when I was actually trying to, I couldn’t… startup hedge fund managers should be allowed to network/advertise freely because for every 1,000 people they talk to, maybe 10 will invest—for the four years I ran my pseudo-fund, I followed the prohibitive industry rules (okay not the last year) and talked to maybe 100 investors face-to-face (bagging 5 or so of them), very very sad/un-American, I’m not the only one who thinks this way, everyone else who’s running small funds just don’t want to go up against the mighty SEC and risk their futures so they keep silent, hence my comparison to rape victims, understand?) (oh yeah and there’s that little point that the SEC is raping individual investors, robbing them of their right to learn speculative hedge fund-type strategies and more importantly, learn from the experiences of those managers whose life’s work is to practice those strategies, hence the continued misperception of those perceptions)Fighting a nasty cold (my mom knew it would happen, thanks Sundance!) and coming up with a monster list of potential stocks to play next week, I’ll have them posted tomorrow. Nothing like losing $1,000 to get you overly motivated (gotta be careful after a big loss not to force an opportunity when one isn’t there)
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