Recent content by M20J

I'm sure you already know in your heart what the answer is, Nigel. Upper East Side Trust management have a website - Upper East Side Trust Management According to their contact details, their USA Headquarters is 211 E 70th Street. 211 E 70th St is actually a tower block of luxury residential...

They won't ask for money up-front - they try to tease you in gently. First you invest a bit of time filling in the forms, next they ask for a tiny amount of money, then a slightly bigger amount. At each stage they structure it to play on your greed, so you're only betting a tiny incremental...

You'd get a much more informed answer to your questions somewhere like the Wilmott forums or nuclearphynance. I understand few people run the raw pairs strategy any more (a la Andrew Pole - Statistical Arbitrage) and most have moved onto variations. A couple of places to look at are volatility...

Some good news from Bloomberg Police Warn of Increase in Boiler Rooms as Four Face Sentences 2009-04-24 00:01:00.0 GMT By Caroline Binham April 24 (Bloomberg) -- Boiler-room scams, where investors are targeted by phony stockbrokers pressuring them to buy worthless shares, are rising in...

I thought your website was great, thanks. I needed a good laugh.

I did once see some tech guys get the better of a trader. This guy was a bond trader and he had loads of spreadsheets running as well as his trading platform and a position keeping system. I think it was in the days of either NT or 3.1. A couple of techies came over to sort it out and he had a...

For some reason it always seems to be the IT guys who get the worst of it. I've seen a telephone thrown at one and a dot-matrix printer thrown at another. I've seen a fair few phones and dealerboards smashed to bits and a cricket bat put through a clock. Generally, though, people are very...

Hi Lee, Well done on the sterling work you're doing here. Even if they're too shell-shocked to say it, I'm sure the people you're helping really appreciate the honest information you're digging out for them. I think Aggie's link is meant to point you to "http://www.on-communications.com"...

I'm not familiar with the Graham book, but I think part of the problem is either there are some typos in your numbers or you've miskeyed your calculator. 1) $0.38 to $2.08 is not a 223% increase, it's a 447% increase. 2) To get from 223% over 6 years to the annual growth rate of 37.16%...

They often use Bloomberg to look things up. The Bloomberg code for Paco is "41P GR". HOWEVER - be exceedingly careful that the shares you bought are exactly the same as what you're selling. Check ISIN codes etc match - you don't want to end up long one share and short another. This news story...

Hi Niraj, I'm not a prolific contributor to these forums, but you seem like a nice enough chap, so one final contribution to this thread from me. You wrote earlier that your target is reasonable and achievable, but I think that's where the fundamental problem lies. It's certainly possible, in...

Well I've been a director of an investment bank and I think that's rubbish too. The problem with Nick Leeson was that he was working in both the front and back offices simultaneously, not that he had an understanding of back office procedures. JK probably did have help from the back office, but...

Banks

I've never heard of retail traders getting access to CDSs. Two problems - firstly they're all traded under ISDA agreements, so you'd need to get one of those set up with each counterparty you wish to deal with. This is a hassle for a hedge fund, let alone a retail trader. You may also need to...

Hi Greg, I'm away next week, but any evening the week beginning the 7th is fine for me. Richmond near the station works well. Cheers, David