Peptides! The *Essendrug Dopers: come smell the bull****! -PART 2

[HedgeFund]

I'd have serious reservations about placing any Machiavellian in charge of other people's money.

There weren't problems at the * for years, until suddenly there were.

Report him to ASIC or APRA then.

 

[peetoo]

My favourite bit of Essendon news over the last week was Ben McKay popping up on Channel Essendon to claim that they’re not far away from Finals.


You know, the guy that’s never played a final and played in 8 wins in 6 seasons at North…knows exactly what a team headed for finals would feel like…

Captain next year

 

[toomanysquibs]

Report him to ASIC or APRA then.

So guy demonstrates machiavellian tendencies in people management role.

Starts fund management role.

Someone calls into question trustworthiness, after demonstrated skullduggery/and or abdication of responsibility.

You want to suggest that to do this you need to file a report with regulatory bodies?

The elevator is not going all the way to the top floor here, is it?

 

[TONYC3163]

So guy demonstrates machiavellian tendencies in people management role.

Starts fund management role.

Someone calls into question trustworthiness, after demonstrated skullduggery/and or abdication of responsibility.

You want to suggest that to do this you need to file a report with regulatory bodies?

The elevator is not going all the way to the top floor here, is it?

 

[Brishawk]

My favourite bit of Essendon news over the last week was Ben McKay popping up on Channel Essendon to claim that they’re not far away from Finals.


You know, the guy that’s never played a final and played in 8 wins in 6 seasons at North…knows exactly what a team headed for finals would feel like…

Just another scum koolaid drinker now

 

[Ned Ryerson]

Hird has an engineering degree from RMIT, worked in stock-broking then funds management in his late career and upon retirement.

He then undertook further tertiary study in France when he was suspended from coaching.

He also attempted to take his own life in 2017.

The fund he now runs he set up himself and he obviously has his own clients who you’d think wouldn’t be using his services if he didn’t provide them with a decent return.

To suggest he is “burning other peoples money” would be pretty speculative wouldn’t it?

I wouldn’t invite him to coach footy again myself but what you’ve written above about his non football exploits is IMHO unnecessarily harsh.

Expecting me to take any pity on a man who conducted medical experiments on kids he owed a duty of care to is laughable.

Having looked into his managed funds which are, not surprisingly, beacons of non-transparency - no I haven't been at all harsh.

Being a stock broker, having a degree in engineering and having an MBA are not requisite qualifications to run a fund - the stock broking thing is genuinely funny. Saying a person who has a dash of stock broking experience they got because they happened to be a footy player can run a managed fund is like saying a travel agent can be trusted to fly a plane. Putting it this way - if his name wasn't James Hird and he didn't have his profile then he wouldn't even be getting an interview to run a manged fund let alone be presently doing it.

In terms of being speculative - I can only comment based on the funds' current performance all of which are underperforming their relative benchmarks in a buoyant market. If you think this is a measure of success then you are free to sink some money in with Jimmy also - personally I will be avoiding it.

 

[HedgeFund]

Expecting me to take any pity on a man who conducted medical experiments on kids he owed a duty of care to is laughable.

Having looked into his managed funds which are, not surprisingly, beacons of non-transparency - no I haven't been at all harsh.

Being a stock broker, having a degree in engineering and having an MBA are not requisite qualifications to run a fund - the stock broking thing is genuinely funny. Saying a person who has a dash of stock broking experience they got because they happened to be a footy player can run a managed fund is like saying a travel agent can be trusted to fly a plane. Putting it this way - if his name wasn't James Hird and he didn't have his profile then he wouldn't even be getting an interview to run a manged fund let alone be presently doing it.

In terms of being speculative - I can only comment based on the funds' current performance all of which are underperforming their relative benchmarks in a buoyant market. If you think this is a measure of success then you are free to sink some money in with Jimmy also - personally I will be avoiding it.

An underperforming fund doesn’t equate to burning people’s money.

You said it, not me.

 

[Ned Ryerson]

An underperforming fund doesn’t equate to burning people’s money.

You said it, not me.

If you think a fund with a website that looks like a 10 year old designed it, which lacks regular disclosure like any respectable fund produces, which is presently underperforming by a fair whack in a presently very buoyant market that is run by somebody who a couple of years ago was running a chocolate shop and does not have the requisite skills and experience that the lion's share of people in his position would have is a prudent choice then have at it.

If I had an adviser directing client money towards it though I would be asking very serious questions as to why.

 

[toomanysquibs]

An underperforming fund doesn’t equate to burning people’s money.

You said it, not me.

I literally struggle to believe that anyone would be posting in this thread of all places, as a serial protector of James Hird's ability to manage other people's money.

History says that he couldn't be trusted to not inject a football team with a banned substance.

Your POV is simply beyond stupid, and you've tainted the comedic value of this entire thread with it.

 

[Strapping Young Lad]

How long before they delete this and repost it with no replies allowed?

 

[Leather Poisoning]

oh jesus christ

 

[Argy]

oh jesus christ

No. He's not the messiah, he's a very naughty boy.

 

[Ned Ryerson]

How long before they delete this and repost it with no replies allowed?

**** yeah. Presuming Gary Ablett Snr is going to do a weekly segment as well? Lets get Barry Cable to do the Auskicker interviews too.

 

[Brishawk]

How long before they delete this and repost it with no replies allowed?

Managed fund business mustn't be too profitable.

It is hard to fathom what is in it for nine…

 

[Ned Ryerson]

Managed fund business mustn't be too profitable.

It is hard to fathom what is in it for nine…

Engagement - the rampant smooth brained * hordes are all over X like an airborne disease. Will guarantee the feed gets eyeballs.

 

[toomanysquibs]

Engagement - the rampant smooth brained * hordes are all over X like an airborne disease. Will guarantee the feed gets eyeballs.

It's a brave new world where attention is more important than delivering quality or substance.

But on a positive note, there will be comedy.

And in footy circles nobody does it better than the * creative team who brought you this thread

 

[Slainte]

An underperforming fund doesn’t equate to burning people’s money.

You said it, not me.

An interesting perspective HF. Seems to me that extracting substantial fees while underperforming is a form of money burning. I would expect a managed fund to outperform an index fund. If it didn't then the difference between the fees paid to the managed fund and fees applicable to an index fund could be reasonably described as "burnt money". That does not imply any impropriety on the part of the managed fund. Caveat emptor is the operating principle. Some people might be happy to pay someone to burn their money in an underperforming managed fund.

 

[cryptor]

How long before they delete this and repost it with no replies allowed?

Sunday Footy Show will be (more) unwatchable with a line up of Barrett, Brown, TJ, Lloyd and Hird.

 

[Manila_Hawk]

They need to add Jobe for special comments:

"Team X are not getting their turnovers in the right part of the ground".

 

[Ned Ryerson]

An interesting perspective HF. Seems to me that extracting substantial fees while underperforming is a form of money burning. I would expect a managed fund to outperform an index fund. If it didn't then the difference between the fees paid to the managed fund and fees applicable to an index fund could be reasonably described as "burnt money". That does not imply any impropriety on the part of the managed fund. Caveat emptor is the operating principle. Some people might be happy to pay someone to burn their money in an underperforming managed fund.

Pretty much this. In the present market if you are missing the benchmarks like they are then something is likely amiss. Active managers can sometimes underperform benchmarks - but there might be publicised reasons for that and a prior track record that would earn some trust. Given this doesn't exist at Jimmy's fund accompanied by the patchy disclosure and Hird's governance issues when running a doping regime at * - I wouldn't be putting my money anywhere near it.

 

[Strapping Young Lad]

Engagement - the rampant smooth brained * hordes are all over X like an airborne disease. Will guarantee the feed gets eyeballs.

Lots of Standbyhird types in the comments.

 

[Ned Ryerson]

Lots of Standbyhird types in the comments.

They honestly make the rusted-on politicial posters on Twitter look sane, reasonable and balanced by comparison. They are basically the embodiment of this Wojak:

 

[toomanysquibs]

Sunday Footy Show will be (more) unwatchable with a line up of Barrett, Brown, TJ, Lloyd and Hird.

Dear Lord, Purple Turd Jones puts them on a steep downward trajectory…

They’re really only missing Darrel Sommers to really put a few more nails in the coffin.

But peak Lou Richards handball comp years’ audience would struggle to listen to that trio for long.

 

[Ned Ryerson]

They’re really only missing Darrel Sommers to really put a few more nails in the coffin.

Now, now. Dazza gives us all hope that we could someday be entertainers - even if we aren't remotely entertaining or talented.

 

[Cleavy]

Managed fund business mustn't be too profitable.

It is hard to fathom what is in it for nine…

did his chocolate business melt away like *'s finals aspirations?