Ej 10-k
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[quote=footsoldier]I won't resort to bspears tactics, but I do have
almost 15 years in the business and not one company, even American, is
much better than the indexes. I remember when you were in
college(assuming you went) and the powers at Jones kept us in the dark
regarding Putnam, another family that you couldn't lose with.[/quote]
Pretty much everyone here needs to read Fooled by randomness by Nassem Talib. Basicly, even past EMH (and if its possible to beat the markets) the luck factor greatly swamps everything else in this business.
So talking about fund/manager performance is somewhere between meaningless and worthless.
The classic example is in insurance underwriting. If you started writing P&C in 2000, you have pretty bad performance. If you started in 2002, good performance. In 2006, you look like a genius.
[quote=Soothsayer]
Dave Powers. Now there’s a blast from the
past. Is he still an analyst with Jones? I know he gost
busted down from covering the vaunted tech sector to covering
industrials or something like that. I think that boob Art ?? does
tech now. I remember how cocky and full of himself Powers was in
those meetings, too. What a waste of skin! OTOH, he did
have a really hot wife…who was about 6 inches taller than him with
her heals on.
Did EDJ really get caught up in the tech bubble? IIRC they pitch
themselves are pretty much focusing on old-line bluechips not newchips.
[quote=Bobby Hull][quote=Spaceman Spliff]
Everybody here is ignorant and doesn't recognize the fact that asking for the order, regardless of client needs, is paramount. We do what's right for the client, especially in PG or JNJ phone sessions. Also, revenue sharing allows us to better educate the client via the materials provided from product partners.
I would like to close by saying
"I am the richest man in America."
[/quote]
Excuse me, Spacedout Queef, a few of us do know that. In fact we're so good at it that we don't waste time educating clients that we could be using to close deals.
[/quote]
I think it's funny that my knock off is being talked down to by BH.