The sins of the father...
Do you know Madoff, right? If not, you might want to start by knowing him. He is the modern-day Ponzi. They're basically the face of swindling - the American way. What made them stand out is the expanse of their activities and the sum of money involved. So great that made their respective names earned such similarly huge reputation.
You know Madoff's sons, right? If not, you might want to read again the wiki link above. They were the one who turned their father to the authorities after the latter confessed. The news that came out today that one of them committed suicide is definitely a sad one. Even with millions or billions of dollars attached to my bank account, I'd definitely would not want a Madoff on my name.
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On a more personal note, I'm thankful that my plan of a loan to leverage my positions in the stock market didn't push through. If I did, I maybe crying blood by now.
You know Madoff's sons, right? If not, you might want to read again the wiki link above. They were the one who turned their father to the authorities after the latter confessed. The news that came out today that one of them committed suicide is definitely a sad one. Even with millions or billions of dollars attached to my bank account, I'd definitely would not want a Madoff on my name.
----
On a more personal note, I'm thankful that my plan of a loan to leverage my positions in the stock market didn't push through. If I did, I maybe crying blood by now.
Months trading | Total Gain | PSEi Gain (Same period) | w-o-w Loss |
3 mos. 24 days | 7.91% | 18.85% | -0.32% |
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