BMN 1.26% $2.42 bannerman energy ltd

don't lose all objectivity, page-34

  1. 828 Posts.
    lightbulb Created with Sketch. 20
    Ok. Let's underthink their accumulating investment. It could be gone tomorrow like DYL dissappeared from it overnight last year sometime. The fellows running this New York fund must have rocks in their heads and have wasted approx 3 million on a diving BMN share price (and their still buying - morons) ... I feel sorry for them considering their fund started with $321,831,768 and now its worth $140,317,878 and the poor buggers are increasing their shares held in BMN cause they dont know what they are doing, or as you say they are just automatically accumulating based on maintaining fixed % or funds under management are 'just' growing!!!! Stuffed in the head they all must be!!

    I understand how indexed funds work, learned such when I was working at Bankers Trust and other financial institutions in the late 1990's correcting mistakes of indexed based investments that were caused by errors in (customised software) code ... I had to understand how indexed funds can work ... but obviously not as well as yourself though! Heil the band!
 
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