people's stupidity never ceases to surprise me. i am sitting in starbucks writing stuff for my movie, and this guy and another guy are talking about stocks. they are clearly daytrading, thinking they can come up with some sort of system to win at stocks. so i ask him:
me:you trade stocks?
him:yes
me: how long u been doing it?
him: several years
me: whats your annual return?
him: i don't know.
me: you don't know? you trade stocks for a living and you don't know how much money you make?
well, if i make 1% a day, that is 250% a year (his exact words!)
me: you know the most successful hedge fund manager is soros and he only made about 40% a year
him: well, that's your opinion (annoyed, goes back to talking)
throughout the conversation, he gives me a look of a professor talking to a kid.
No comments:
Post a Comment