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Old 01-22-2009, 05:17 AM   #1
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How Porsche made billions on the stock market...

Interesting read:
http://news.bbc.co.uk/2/hi/business/7843262.stm

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Old 01-22-2009, 07:37 AM   #2
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The author should have added more info on how much they made in the previous year with other forms of stock "management". I think it was three billion Euro or Dollars, can't remember which. Lightning does indeed strike twice in the same spot. By the way, I love how they call the short sellers "investors"...those hedge funds know the deal when short positions are allowed be hidden. Big risk.
I wonder what the bonus checks were like this year at Porsche...
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Old 01-22-2009, 08:31 AM   #3
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Quote:
Originally Posted by Perfectlap
The author should have added more info on how much they made in the previous year with other forms of stock "management". I think it was three billion Euro or Dollars, can't remember which. Lightning does indeed strike twice in the same spot. By the way, I love how they call the short sellers "investors"...those hedge funds know the deal when short positions are allowed be hidden. Big risk.
I wonder what the bonus checks were like this year at Porsche...

I do find it interesting that the world of short sellers, day traders, hedge funds, remains so much hidden and defended as a necessary element in a free economy. Problem is, when I first started out in finance, there was very little or none of this type of trading. I am not sure how I see that this is good thing for the so called, non-professional investor like you and me?

Seems to me, the deck is stacked against those of us who are told to take the
long view.

I may be wrong.


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