BRITISH FAR EAST HOLDINGS
Updated 4 days ago
14911 Caminito Ladera Del Mar, CA 92014 USA
For an investment advisor to be taken seriously regarding a recommendation to purchase a stock, the price of the recommended stock should at least outperform the S&P 500 in any or all the 3 standard betting periods of 30, 90, or 180 days...
Good point. The only question is the number of $200 betting units the advisor is prepared to bet. Indeed, the number of $200 bets should be influenced by the amount the advisor's client is willing to risk by accepting the advisor's advice. The terms of the advisor's bet will indicate the advisor's level of expectation of events prompting the anticipated performance...
Yes, and really the advisor should be willing to bet that the recommended stock will outperform by some percentage of the S&P 500 because if it does not do significantly better than the market measure, why buy the stock?
Also known as: Arthur Lipper, British Far East Holdings, Ltd.