QUESTION: Mr. Armstrong; You were named hedge fund manager of the year with the most amazing public track record which nobody has ever come close to matching. You have been named Analyst of the Year. I spoke to people in Australia where you managed a public fund for Deutsche Bank. They said if you would accept money you would get billions in a few weeks. Everyone says your model is the only real thing and that is why the government wanted it. They wouldn’t do that if it was not real. I watched the Forecaster. It was eye opening. Why do you not take money to manage?
Thank You
BB
ANSWER: Some people think that making money is the only goal in life. I have done it all. Been there done that. Being a global hedge fund manager is on call 24 hours a day. I had to watch everything and probably got addicted as did my sources. We still watch the world all the time. Yet, even now, I have a hard time sleeping more than 3 hours straight. I cannot spend what I have and there are more important things. We could sell advertising on the site and that would be more than enough for most people to live on. I prefer not to get involved for every want-to-be analyst/fund manager would be posting ads and I would not care to get involved even implicitly endorsing something I am not 100% sure about.
What I do is trying to take what I have learned and at least attempt to influence what comes after the crash and burn. You can have all the money in the world, but it will not do you any good if you cannot spend it.
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