Professor Mark J. Perry's Blog for Economics and Finance
Posted 9:43 PM Post Link
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Proof that the way to make money in the market, is when it goes up and down and bet on the right one at the right time. I suppose it helps if you are big enough to manipulate it and thus copper your bet.
Manipulate? You mean like this guy?Hungary's financial supervisory watchdog announced Friday it had slapped a 1.6-million-euro fine on an investment fund founded by US billionaire George Soros, for manipulating the market.Agence France-PresseOf course, it's not the first time that the Democrats number one contributor has been dragged before the bar for market manipulation.A French appeals court upheld billionaire investor George Soros's conviction for insider trading.The Washington PostIt seems that the rules do not apply to Democrats.
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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