Good day,
Attached, ---8< Cut and Paste >8---- , is the last portion of an article by a public fund manager in China confessing why he can never beat he "super wealth transfer machine"(stock market system) and decided to quit his job. And, after all, in his 10 years of career as fund manager, he already made more than 10million RMB as a salary despite losing money for his clients...
The full article, in Chinese, can be read from the link attached:
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一个公募基金经理的忏悔书
我无法对抗这个制度、我彻底投降、我准备辞职,我对我管理的基金的投资者表示深深的忏悔!我真的无能为力在这个市场中帮助你们赚钱!
中国XX基金管理公司 XXX基金经理
(恕我在此不公布老东家的名字,毕竟服务多年,领取了千万元的薪水!)
--------------------------------End of Cut and Pate ---------------------------------------------
http://bbs.hexun.com/stock/post_5_5961685_1_d.html
...Attached, ---8< Cut and Paste >8---- , is the last portion of an article by a public fund manager in China confessing why he can never beat he "super wealth transfer machine"(stock market system) and decided to quit his job. And, after all, in his 10 years of career as fund manager, he already made more than 10million RMB as a salary despite losing money for his clients...
The full article, in Chinese, can be read from the link attached:
---------------------------------------Cut and Paste---------------------------------------------
一个公募基金经理的忏悔书
我无法对抗这个制度、我彻底投降、我准备辞职,我对我管理的基金的投资者表示深深的忏悔!我真的无能为力在这个市场中帮助你们赚钱!
中国XX基金管理公司 XXX基金经理
(恕我在此不公布老东家的名字,毕竟服务多年,领取了千万元的薪水!)
--------------------------------End of Cut and Pate ---------------------------------------------
http://bbs.hexun.com/stock/post_5_5961685_1_d.html
Any way, here is a very very brief summary with the KEY FACTOR of why he can't win:
"The author, 10 years fund manager in China, described that the stock market is a wealth transfer machine.... Due to the fact that the fund managers, by Law and software system, ...