This guy looked at Galleon Group’s performance going back more than ten years and is suspicious: 25% average returns, year after year, with nary a down year. Were they that good or is insider trading that profitable?
This guy looked at Galleon Group’s performance going back more than ten years and is suspicious: 25% average returns, year after year, with nary a down year. Were they that good or is insider trading that profitable?
duh
What do you mean “duh”…there was a blurb in one of the articles that he actually had a NET LOSS on the insider trades! Makes you even more curious about the positive 25% returns though!
The investors can only hope they were actually doing some insider trading—-instead of just partying with the money like Madoff.