4 ms·
Questionable Stock Trade Patterns in Ramaswamy's Wall Street Past
- h2odragon 3y ago[flagged]
- brucethemoose2 3y agoAlso worth listening to is Motley Fool's encounter with Trump in 1997, which they republished during the 2016 election: https://www.fool.com/podcasts/rule-breaker-investing/2016-08-03-i-own-the-water-a-fool-s-brush-with https://www.fool.com/podcasts/rule-breaker-investing/2016-08... Many candidates have questionable action in the public markets, but this was remarkably brazen, fishy and AFAIK technically legal. It was just Trump being a good salesman, as he's always been.
- kdottt 3y ago"Was it dumb luck? We don't have evidence of insider trading. But[...]" Every article covering politicians, left and right, nowadays is like this. Do we know this is true? Nope! Will that stop us from making wild accusations? Also no!!!
- junofan 3y agoOk, betting on HepC pipelines in 2008–2010 is hardly suspicious. Of course those programs were acquired. That’s the point of making the bet. I’d be suspicious if he’d invested in a single firm, but it sounds like he invested in every promising treatment and won big.
- kadoban 3y agoHe invested in 3 mentioned here. Each time going in big only coincidentally right after confidential acquisition talks started. That doesn't sound like he was just investing in the niche normally.
- boeingUH60 3y agoI’m no Ramaswamy fan, but this article seems like it’s for clueless, foolish people who have no idea about trading…just list some typical trading patterns for a hedge fund dude and claim “Woah…insider!” and people lap it up. No surprise it’s coming from a newspaper owned by a deranged cult.
- JohnDeHope 3y agoIf you support the regime, then your most heinous crimes will be ignored. If you question the regime, then they'll find something to criminalize you, figuratively in the press if that's sufficient, or literally in the courts if need be. This has been true for all of human history, I suspect.