Bookmark and Share

Viewed 1813 times

Hedge Funds

    tornapart posted Wed, 21 Mar 2012 13:45:00 GMT(3/21/2012)

    Post 357 of 1705
    Joined 12/17/2011

    I know this has been covered before but I came across this video and feel sickened by it....

    http://www.youtube.com/watch?v=hr2Jn0NtMjY&feature

    Phizzy posted Wed, 21 Mar 2012 13:49:00 GMT(3/21/2012)

    Post 705 of 6053
    Joined 12/17/2011

    They have got a few more Mill $ to put in, just sold another Brooklyn property.

    tornapart posted Wed, 21 Mar 2012 14:34:00 GMT(3/21/2012)

    Post 359 of 1705
    Joined 12/17/2011

    Yes, I read it Phizzy.. they tell us not to gamble and then do it themselves! Pharisees!!

    designs posted Wed, 21 Mar 2012 14:48:00 GMT(3/21/2012)

    Post 9715 of 17330
    Joined 6/17/2009

    Warren Buffett made a bet 5 years ago that quality stocks would be ahead of the Hedge Funds, so far he's winning the bet.

    Someone should call the Watchtower (preferably a JW) and ask who is managing their donation money.

    blond-moment posted Wed, 21 Mar 2012 15:47:00 GMT(3/21/2012)

    Post 176 of 506
    Joined 7/20/2011

    I recommend a youtube user by the name of TheRecoveringZombie She has a few videos on this subjuct. She did a lot of research on it.

    breakfast of champions posted Wed, 21 Mar 2012 16:13:00 GMT(3/21/2012)

    Post 1289 of 3678
    Joined 5/30/2011

    Will check this out later.

    Disillusioned Lost-Lamb posted Wed, 21 Mar 2012 18:34:00 GMT(3/21/2012)

    Post 288 of 1171
    Joined 2/3/2012

    I wonder how much of THEIR money goes into hedge funds?

    If they can survive on property profits, do they then use the donations, king-dumb hell funds and trust/will/inheritance money to play with?

    Why risk YOUR OWN money when you've got millions of other people’s dollars as pocket change to gamble away?

    Yan Bibiyan posted Wed, 21 Mar 2012 18:54:00 GMT(3/21/2012)

    Post 796 of 1302
    Joined 4/6/2010

    Can the claim of 3 month operating expense allowance be corroborated? Anyone currently involved with KH finances, maybe?

    breakfast of champions posted Wed, 21 Mar 2012 18:54:00 GMT(3/21/2012)

    Post 1290 of 3678
    Joined 5/30/2011
    "No doubt, school counselors sincerely believe that it is in your best interests to pursue higher education and to plan for a secular career. Yet, their confidence lies in a social and financial system that has no lasting future."- WT 6/15/12

    What does the Society really believe?

    Londo111 posted Fri, 06 Apr 2012 19:38:00 GMT(4/6/2012)

    Post 413 of 2692
    Joined 11/9/2011

    Has anyone any proof that this is associated with the Watchtower Bible and Tract Society and not just a coincidental name? Otherwise, it might be like coming across the song title, "All Along the Watchtower" and thinking it is a Kingdom Melody.

    ziddina posted Fri, 06 Apr 2012 19:58:00 GMT(4/6/2012)

    Post 8803 of 10452
    Joined 4/8/2009

    Here ya go... As "Blond-Moment" suggested...

    http://www.youtube.com/watch?v=C-WVbFxrPx8

    http://www.youtube.com/watch?v=J8xoE7Hx0AI

    http://www.youtube.com/watch?v=c3R8uPjY7Oo

    respectful_observer posted Fri, 06 Apr 2012 21:00:00 GMT(4/6/2012)

    Post 78 of 484
    Joined 5/28/2010

    Without taking a stance on whether the WTS should or shouldn't include hedge funds as tool to manage their assets, I just want to share a few observations on hedge funds, and the videos posted by "TheSnarkyApologist" and "TheRecoveringZombie".

    First, The Snarky Apologist:

    He spends quite a bit of time walking the viewer through a screen shot from Hedge Fund Intelligence. While showing a quote on the screen that says "...which attracts both hedge funds managers and investors from around the globe." He states in his narration that "...unless you're a bank, or a hedge fund, or a hedge fund manager, you have no interest being here."

    Did he miss the sentence the part that said "and investors"? If he's saying the WTS has no business being there, then apparently neither does the West Midlands Pension Fund, which is the attendee listed right underneath the WTS.

    Next he goes on to say "most hedge funds...are registered in the Cayman Islands, the Virgin Islands, places out there where national governments can't touch them. Why? Because it's widely known that the banks and hedge funds in these areas where governments cannot get their hands on them are used primarily for laundering money."

    Does money laundering occur in the Caymans, or the British Virgin Islands? Sure. Does it occur in the US? Sure. But for him to imply that hedge funds registered in any of these places are used "primarily for laundering money" is completely inaccurate. The funds register in those places for favorable tax treatment. If ANY hedge fund wants a U.S. customer, it MUST become a Registered Investment Adviser with the SEC. As a registered investment adviser it is then subject to the "fiduciary duty" requirement (meaning that it must put clients' interests first), it is subject to unscheduled SEC exams, and its clients must pass rigorous anti-money laundering tests and not have any connection to the entities that appear on the list maintained by the US Office of Foreign Assets Control ("OFAC"). A hedge fund with US clients is subject to the same securities laws and requirements as your local Merrill Lynch, Edward Jones, Schwab, or Ameriprise financial advisor.

    The only thing that separates hedge funds from mutual funds, or your local financial advisor, is that the SEC recognizes that hedge funds may utilize strategies that carry higher potential risk that the everyday investor may not fully understand. Therefore the SEC has established minimum asset and income standards for hedge fund investors-- standards that the SEC believes demonstrates an investors level of sophistication and understanding of risk. The Recovering Zombie does a reasonably good job highlighting this.

    As for the rest of The Snarky Apologist's video, or Parts 2 and 3 of The Recovering Zombie's presentation, I'll quote the former: "I don't know what the Watchtower has going on here; I've got my speculations." His statement is spot on. He has NO IDEA what the WT is up to; he's just speculating. And frankly, so is The Recovering Zombie.

    Just because someone invests in a hedge fund, doesn't mean you're greedy-- it simply means you're responsible for a large amount of assets. It means that you're understanding of risk is sufficient enough to pursue complicated investment strategies that the individual investor typically will not fully understand. Saying the WTS is "greedy" for wanting to use hedge funds as an investment vehicle would be tantamount to saying the West Midlands Pension Fund, CALPERS, or the Teacher Retirement System of Texas is greedy.

    When someone speculates too much, it makes others think perhaps that person should put their tin foil hat back on.

    R_O

    ziddina posted Sat, 07 Apr 2012 08:14:00 GMT(4/7/2012)

    Post 8861 of 10452
    Joined 4/8/2009

    The point that the "Recovering Zombie" was making in her videos, is that the "hedge funds" are similar to gambling, which the Watchtower Society roundly condemns for the average "Rank&File" Jehovah's Witness, but is apparently all right for the Watchtower Corporation to indulge in...

    Nor would an average average "Rank&File" Jehovah's Witness be allowed to participate in stock speculation, as that would be considered as being "part of the world" - but no such restriction applies to the very religion/sect/cult that forbids such for its own members - the Watchtower Society/Corporation, again...

    Just as membership in the YMCA is forbidden to the average "Rank&File" Jehovah's Witness, but Watchtower Corporation freely joined the "Wild Beast with Seven Heads and Ten Horns" United Nations, when it suited the Watchtower Corporation's purposes of proselytising....

    M heathen posted Sat, 07 Apr 2012 19:28:00 GMT(4/7/2012)

    Post 7977 of 8126
    Joined 4/13/2001

    One part of the snarky film is that the UN is the scarlet colored beast not the whore of babylon . That is despicable if true . Jesus threw the money changers out of the temple but now we have the temple using the money changers out of greed . disgusting.

    Londo111 posted Tue, 10 Apr 2012 19:11:00 GMT(4/10/2012)

    Post 415 of 2692
    Joined 11/9/2011

    I did note the inaccuracy in Snarky's video as well…which alas, such inaccuracies unfortunately deter from the message. A Witness will then discount the whole message if any one point is wrong because of being told that such things are nothing but lies, half-truths, and misrepresentations. Otherwise, it is a slick production and entertaining.

    Recovering Zombie's videos were food for thought. Of course, as pointed out, this is all speculation. We have too few facts.

    Balaamsass posted Mon, 21 May 2012 05:28:00 GMT(5/21/2012)

    Post 375 of 1895
    Joined 10/30/2011

    Snarky I get a kick out of your videos! I think WTBTS is following the Morman lead with Bain Capital. Hedge funds offer more flexability and investment vehicles and are perfectly suited for WTBTS info. Have you ever wondered how presidents and others with public saleries leave office soooo rich? Information. Did you really believe Hilery Clinton was ALWAYS Lucky as a beginner in Commodities trading? Information. If you have brother "Andre" working at xyz a private company, you have a reliable source for information about them. If you have brother "Andre" working in a mine in deepest africa you have a source about if a new deposit of that obscure alloy has been found or is played out... a week before Chicago or New York finds out. The branch can simply pass the info along. How much money could you make getting the Financial pages or Horse race results 2-7 days before anyone else? Private Hedge funds don't have as many restrictions as public funds. They can be in the US or Offshore. Folks in the US and British Commonwealth are under the mistaken idea everyone plays by the rules.

    Balaamsass posted Tue, 03 Jul 2012 06:18:00 GMT(7/3/2012)

    Post 561 of 1895
    Joined 10/30/2011

    I was reading some updated info on Hedge Funds and I realized just how brilliant WTBTS is. They have dozens if not hundreds of offshore corporations and branches. Private hedge funds can transfer money from account to account and be managed in the Caymans. Safe from lawsuits or any government investigation.

    Pams girl posted Tue, 03 Jul 2012 11:46:00 GMT(7/3/2012)

    Post 1018 of 1091
    Joined 2/6/2011

    I thought the WT wasnt able to transfer $, buy or sell, in light of the Candace Conti case?

    Aussie Oz posted Tue, 03 Jul 2012 12:10:00 GMT(7/3/2012)

    Post 3194 of 3755
    Joined 11/12/2009

    I see the hedge fund situation the same as the UN scandle.

    the subject can get disected to death but the bottom line is that they just should not be in the same sentance. They are on record as opposed to the UN, and using the world to the full from a finacial point of veiw.

    Sure they may be 'allowed' to do stuff by law or whatever, bu it plainly makes a mockery out of the whole ''jehovah will provide the funds'' jargon

    IF i was still 'in', the whole hedge fund thing would have seriously knocked my faith around...

    oz

    mynameislame posted Tue, 03 Jul 2012 12:22:00 GMT(7/3/2012)

    Post 97 of 535
    Joined 4/14/2011

    Please! Investing in a hedge fund is not the same thing as gambling. It is sad that they do the right thing with their money while instructing the dubs not to save for the future.
    I wonder how good their returns are maybe we could start a watch the watchtower investing club.
    And that video only gives ammunition to the JWs for use against us "apostates"

      Close

      Confirm ...