The Student Room Group

JRM's hedge fund

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Reply 20
Original post by Burton Bridge
@QE2

I didn't? Well I got you so discombobulated that you posted a link trying to prove the same point you have again just stated in #16 l. In your link it stated this;

'A spokesperson for SCM said that for many years it had plans to launch a dedicated strategy for UK and European investors, saying: “Our decision to choose Ireland as a domicile had absolutely nothing to do with Brexit. We have funds domiciled all over the world including in Europe, the US and Australasia, and we will continue to offer a global service to our client base.”

:lol: priceless.

Come on then you pair provide some with real proof that his hedge fund (Somerset Capital) has moved the entirety operations to Dublin, I'll get my popcorn

Why do you keep repeating "the entirety of its operation" like some kind of talismanic mantra?

From the SCM prospectus...
“During, and possibly after, [Brexit] there is likely to be considerable uncertainty as to the position of the UK and the arrangements which will apply to its relationships with the EU.”

“As [the firm is] based in the UK and a fund’s investments may be located in the UK or the EU, a fund may as a result be affected by the events described above.”
"[a hard Brexit] may increase costs or make it more difficult for the Icav to pursue its objectives”

But of course, this has "nothing to do with Brexit". :lol: priceless.
Still confused why a "socialist" is so determined to defend the self-serving actions of the privileged elite. You sound more like an old-fashioned, downstairs, Tory lickspittle. Don't forget to tug your forelock.
@QE2
Aww you just could not resist implying my socialist believes are fake again could you? Funny that when socialist values get attacked in this forum I'm more often than not the only one defending them! In fact, I think all the supposed influx of smug Middle class remainer socialists are absent, it does not exactly kill my theory they are fake in majority, does it? Winterscoming is the only remainer I know on here who preaches any socialist values!

You see I don't believe anything has changed, I can understand why @Napp believes you know your stuff mind you, in comparison you are certainly much sharper. Now back to topic,

When your argument relies on the semantic difference between "He moved his hedge fund to Ireland to avoid potential issues caused by Brexit" and "He set up his new hedge fund in Ireland to avoid potential issues caused by Brexit", you know you are in trouble

Well that's not what I am saying. Abet it may appear that way, i wonder why you have not kicked up such a fuss about funds he's set up elsewhere in the world, could it be it does not for with the agenda. Anyway whatever he's done he's not moved a hedge fund out of the UK and that's that... And you know it!

Anyway I look forward to being on the same side as you in many topics on social services, tax systems, care, nationalised industries.. . I won't hold my breath - I know who the fake one is here!
(edited 4 years ago)
Original post by QE2
He is a non-executive board member. He is paid nearly £500/hour for his trouble.

*can't find thinking smily so just writes this instead*
If he is a non-executive board member, surely he would have no control over his hedge fund moving all or part of its operations to Ireland?
(edited 4 years ago)
Reply 23
Original post by Burton Bridge
@QE2
Aww you just could not resist implying my socialist believes are fake again could you? Funny that when socialist values get attacked in this forum I'm more often than not the only one defending them! In fact, I think all the supposed influx of smug Middle class remainer socialists are absent, it does not exactly kill my theory they are fake in majority, does it? Winterscoming is the only remainer I know on here who preaches any socialist values!

You see I don't believe anything has changed, I can understand why @Napp believes you know your stuff mind you, in comparison you are certainly much sharper. Now back to topic,

When your argument relies on the semantic difference between "He moved his hedge fund to Ireland to avoid potential issues caused by Brexit" and "He set up his new hedge fund in Ireland to avoid potential issues caused by Brexit", you know you are in trouble

Well that's not what I am saying. Abet it may appear that way, i wonder why you have not kicked up such a fuss about funds he's set up elsewhere in the world, could it be it does not for with the agenda. Anyway whatever he's done he's not moved a hedge fund out of the UK and that's that... And you know it!

Anyway I look forward to being on the same side as you in many topics on social services, tax systems, care, nationalised industries.. . I won't hold my breath - I know who the fake one is here!

Why are you quoting me into this..?
Reply 24
Original post by Burton Bridge


Come on then you pair provide some with real proof that his hedge fund (Somerset Capital) has moved the entirety operations to Dublin, I'll get my popcorn

I have never once made that claim.
Reply 25
Original post by LiberOfLondon
*can't find thinking smily so just writes this instead*
If he is a non-executive board member, surely he would have no control over his hedge fund moving all or part of its operations to Ireland?

I don't think they pay him nearly £500/hr just to make the tea, do you?
Even as a non-ex board member he will have advisory input over things like strategy and performance. Do you really think that he has no influence in the company that he founded and is a partner of? *shaking head in disbelief/bewilderment smiley*
Reply 26
Original post by Napp
Why are you quoting me into this..?

I think he was implying that you make me look clever, but he makes us both look like idiots.
He is clearly suffering from Dunning-Kruger syndrome.
Lol at this thread, trying to defend the indefensible.

Rees-Mogg is just a posh con-artist with a great line in expensive suits and posh accents and, to sub-quote the Mondays, "not a decent bone in him".
Original post by Fullofsurprises
Lol at this thread, trying to defend the indefensible.

Rees-Mogg is just a posh con-artist with a great line in expensive suits and posh accents and, to sub-quote the Mondays, "not a decent bone in him".

Your point being?
A truly evil man, now touted for chancellor.

Our next chancellor has a vested interest in financially ruining the country in order to personally benefit from it.

The Brexit cult talks of sovereignty, democracy, and nationalism, but care for none of these things.
Original post by Fullofsurprises
Lol at this thread, trying to defend the indefensible.

Rees-Mogg is just a posh con-artist with a great line in expensive suits and posh accents and, to sub-quote the Mondays, "not a decent bone in him".

This is not true, I used to think like this when I was in my teenage years. Anyone who was an political enemy of the unions, socialism , high taxation, nationalisation, etc was evil. As I've grew and got involved in poltics I realise that I was wrong and highly intolerance myself.

JRM is not an evil man, he's a devoted Catholic that believes in individual responsibility, low taxation and minimal public services. To help the rich/businesses to in turn help the poor, it won't and don't work but the end result is similar to what I want, it's the method that's totally abhorrent to me.
Original post by Moosferatu
A truly evil man, now touted for chancellor.

Our next chancellor has a vested interest in financially ruining the country in order to personally benefit from it.

The Brexit cult talks of sovereignty, democracy, and nationalism, but care for none of these things.

Sorry you are going to have to explain this conspiracy theory to me.
Reply 32
Original post by Burton Bridge
JRM is not an evil man, he's a devoted Catholic that believes in individual responsibility, low taxation and minimal public services. To help the rich/businesses to in turn help the poor, it won't and don't work but the end result is similar to what I want, it's the method that's totally abhorrent to me.

So if Mogg's methods are totally abhorrent to you, why are you so desperate to defend him?
Original post by Burton Bridge
This is not true, I used to think like this when I was in my teenage years. Anyone who was an political enemy of the unions, socialism , high taxation, nationalisation, etc was evil. As I've grew and got involved in poltics I realise that I was wrong and highly intolerance myself.

JRM is not an evil man, he's a devoted Catholic that believes in individual responsibility, low taxation and minimal public services. To help the rich/businesses to in turn help the poor, it won't and don't work but the end result is similar to what I want, it's the method that's totally abhorrent to me.

He's a devoted Catholic who clearly thinks God favours the rich. It's all a little puzzling until you realise he belongs to the long tradition of aristocratic Catholics who didn't give a **** about the common people. All rather peculiar when you consider he's only married into the aristocracy and his Catholicism comes from an Irish American grandmother.
Original post by Fullofsurprises
He's a devoted Catholic who clearly thinks God favours the rich. It's all a little puzzling until you realise he belongs to the long tradition of aristocratic Catholics who didn't give a **** about the common people. All rather peculiar when you consider he's only married into the aristocracy and his Catholicism comes from an Irish American grandmother.

I'm currently sat in a quaint country pub, sitting outside overlooking glorious rolling hills and a trout stream in the distance, although that's hidden behind some idyllic trees. Now the menu is not the cheapest and the clients are not exactly communicating with the 'wots up wi yo' or 'hey up bruv'.

Now what's the point of explaining that you may be thinking? Well people tend to become easily comsumed within their own world. It becomes eaiser for someone who lives local to my current location to be sucked into Tory ideals. After all all they see is that they work and thus they have money, all people around them work, they have money too. They then switch on the TV/open the tabloid and see some gutter press story about a woman with 9 kids from different dads complaining about her house, with mod cons what's this does is assures/reassures them that they are somehow right to vote for the tax cutting tory ideals because its only the workshy/scum that's will be effected. Now you and I know if they were to go and gain more life experience they would realise that that is a bigoted point of view that is going to strangle vulnerable people but they don't witness that, they don't see it, homeless people don't exist around here, it's all very out of sight out of mind.

So what I'm saying is people from different backgrounds are not evil because of what they believe in they just don't understand, when you are born out here the experience that's shapes you as a person person is very different to what shaped a person who lived in Nottingham Town center near the hostels, those who have lived through tory governments and seen first hand the homelessness rise and wages depress and affordable homes disappear creating more desparate people. People round here don't see that.

See what I mean, forgive me if this don't make full sense I've had a few IPAs :smile:
Original post by Burton Bridge
I'm currently sat in a quaint country pub, sitting outside overlooking glorious rolling hills and a trout stream in the distance, although that's hidden behind some idyllic trees. Now the menu is not the cheapest and the clients are not exactly communicating with the 'wots up wi yo' or 'hey up bruv'.

Now what's the point of explaining that you may be thinking? Well people tend to become easily comsumed within their own world. It becomes eaiser for someone who lives local to my current location to be sucked into Tory ideals. After all all they see is that they work and thus they have money, all people around them work, they have money too. They then switch on the TV/open the tabloid and see some gutter press story about a woman with 9 kids from different dads complaining about her house, with mod cons what's this does is assures/reassures them that they are somehow right to vote for the tax cutting tory ideals because its only the workshy/scum that's will be effected. Now you and I know if they were to go and gain more life experience they would realise that that is a bigoted point of view that is going to strangle vulnerable people but they don't witness that, they don't see it, homeless people don't exist around here, it's all very out of sight out of mind.

So what I'm saying is people from different backgrounds are not evil because of what they believe in they just don't understand, when you are born out here the experience that's shapes you as a person person is very different to what shaped a person who lived in Nottingham Town center near the hostels, those who have lived through tory governments and seen first hand the homelessness rise and wages depress and affordable homes disappear creating more desparate people. People round here don't see that.

See what I mean, forgive me if this don't make full sense I've had a few IPAs :smile:

You get very eloquent after you've had a few. :teehee:

I don't think people are intrinsically evil, but for people like JR-M, for whom extreme privilege has been a very easy path, there's a definite superior, smug outlook there. I actually like him sometimes - he has a reasoned, practical side to him that is worth listening to - but he advocates policies at other times that betray a gross lack of interest in the concerns of the majority and a very definite interest in the concerns of hedge fund owners and other large financier capitalists.
Original post by Fullofsurprises
You get very eloquent after you've had a few. :teehee:

I don't think people are intrinsically evil, but for people like JR-M, for whom extreme privilege has been a very easy path, there's a definite superior, smug outlook there. I actually like him sometimes - he has a reasoned, practical side to him that is worth listening to - but he advocates policies at other times that betray a gross lack of interest in the concerns of the majority and a very definite interest in the concerns of hedge fund owners and other large financier capitalists.

I think you are correct in the majority of what you say here. We now have king Borris to gift tax breaks to the rich, guarantee farmers subsidiaries while smashing welfare for everyone below in social status... Grrr. .oh happy days eh?

Anyway hopefully one day I will live to see Britain outside of the European of political control and a period of re-nationalisation, re-introduction of discipline and self respect in work and communities around the country. However looking at the current options I have to vote for, I doubt it mate.
@QE2 [br] [br] Because it is important a person understands their polical enemies in order to understand what they actually think instead of making up radom rubbish in which makes the person look silly/bigoted.

Can you answer my question now you ignored, why have not kicked up such a fuss about funds he/his company have set up elsewhere in the world, could it be it does not for with the agenda?
(edited 4 years ago)
Reply 38
Original post by Burton Bridge
Can you answer my question now you ignored, why have not kicked up such a fuss about funds he/his company have set up elsewhere in the world, could it be it does not for with the agenda?

Is Mogg campaigning to Leave "elsewhere in the world", and yet ensuring he still personally benefits from Remaining in "elsewhere in the world", despite the majority (the interests of some of whom he is paid by the state to represent) being disadvantaged by Leaving "elsewhere in the world"?

Your question was embarrassing the first time. To insist on repeating it speaks volumes of the strength of your grasp on the issues.
(edited 4 years ago)
@QE2

Just because you don't understand it or it plays or it challenge's your own beliefs triggering insecurities, does not make it an embarrassing question. On the contrary what it actually shows is you don't understand the leave arugement!

Unfortunately I know the leave arugement has been explained to you by various posters and everytime, ignore the text and cast them xenophobic, racist, uneducated or stupid - ab hominem attacks. I don't belive this is because you lack the intellect to comprehended I belive it is because misinterpret you're political beliefs as right or wrong subjects in a black/white manner which triggers insecurities and you feel you must defend at all costs or in your mind are somehow a failure, this is why you are the only person on my ignore list.

If you take nothing else away from me take this, think about it! Just because you deem a person a political enemy does not mean that person is less intelligent than you. But bigger than that it doesn't mean just because they are you're political enemy you cannot agree with them on certain issues. If you learn that you will have far superior insight into politics, but also if you choose man management career path will help you're career also.

Good day and good luck.
(edited 4 years ago)

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