A Ponzi scheme in New Martinsville WV seems to have included nearly 800 victims who have been bilked out of tens of millions of dollars. More than 500 of the victims were West Virginians, about 150 Ohioans, and several from other states. Several of the victims are older individuals and middle earnings folks who came in to some funds through the current improvement of shale gas in the places near the Ohio river such as Wetzel, Tyler, Marshall, Pleasants, Wood, Ritchie, Doddridge, and other counties.
p. 5. Fama-French. Perhaps to discover a profit opportunity both talent AND luck are necessary. Suppose talent is about equal for the Wall Street wizards. Luck in any given year is not. Each and every year, a different mutual fund would do effectively, but all the wizards would get the exact same pay (if nothing at all else is going on). They are all highly paid, because they are very talented, but the smart income knows that any one year’s result is due ot luck. Effectively, not quite. If a supposed wizard goes 10 years without a great year, then the investor realizes the wizard just talks a great game and possibly missed his fortunate chance a couple instances, and he fires him- and that would aid explain bonsuses in great years as well.
When once again, very enlightening data on the circumstance of homeless folks. Now it is understandable that for some the only indicates of survival is begging for pisses me off is that there are SOME (not all, of course) men and women that DO have homes however they resort to begging for money because of pure laziness. Some are missing an arm or a leg, but you can clearly see they are healthy people capable of undertaking work. But they do …» Read more