30-07-2011, 07:44 AM
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Senior Member
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Join Date: Jul 2011
Posts: 77
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Quote:
Originally Posted by Unregistered
you serious? Advising clients to have 50% gain is quite impossible esp now where the banks are not extending much leverage to the client. Plus these days, clients are in risk avoidance mode, no more accumlator structures, no more structured finance stuff. how to make money without taking risk or leverage? good old days are gone, that is why CS and UBS are cutting staff as their revenues are not increasing as fast as salary compensations as their churn rate is getting lower....
anyway, if you can make 50% for client, you are actually better off running your own hedge fund.
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couldn't agree more...
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