Of course.
Taking on the Police Fund as a client
was one of the proudest
moments of my life.
You know, Lara comes from
three generations of cops.
- Her grandpa walked a beat on
- Bushwick.
Of course I know.
I deeply appreciate you taking
a flyer on us back then,
when no one else would.
You were a cocky prick with
terrible table manners,
but I knew there was something.
I didn't keep my money at
Axe Cap because I like you.
If you pull up stakes,
you're handing me a $1.
5 billion problem.
Time comes, I'll find you another fund.
Like who? Rangewater?
Yeah, for example.
Solid returns.
Smart guys.
Overleveraged, though.
- Then PKZ.
- No way.
They have no idea how
to manage risk.
None.
No fucking clue how to short.
Bear market, you're paying
2% to underperform Vanguard.
So you're starting to see the problem.
Picking a fund's not that
different from picking a stock.
I'll find you a winner.
Here you go, guys.
First Solar.
Late July 2007.
No.
No, you're not
making me do this again.
As long as I'm an investor
in this company, I'll
Okay.
Okay.
2007, mid-July.
Broke out in good volume.
Went up to around 120.
We were out of the sector till August.
We left millions on the table.
That was on me.
Google.
Mid-June 2004.
That's a trick question.
Didn't go public till August.
IPO'd $19.
6 mil shares at 84.
Closed at $100.
34.
It was a good day for both of us.
Cyberonics.
August 2004.
Started mid-20s, went to 40s.
Then the FDA dinged its nerve stimulator,
and the stock tanked at 13.
We saw it coming.
Everyone else was trying
to catch a falling knife.
We made $7.
4 mil that day.
How'd I do?
How the hell would I know?
I remember I gave you a quiz
like that the first time we met.
And it wasn't the fact
that you knew so much.
It was how you lit up.
These companies are
living organisms to you.
And I knew that if I gave you my money,
that you wouldn't sleep
until you put it in all the right places.
You would do whatever you had to
and wouldn't care what it looked like.
That's who I needed
looking after my cops,
who I still need.
And in case you can't tell anymore,
you still lit up.
Hey, sweetheart.
Oh.
I'm sorry.
What did you say?
What's the noise? Uh, are you at work?
No.
I bailed.
It was slow.
Well, that's a first.
Where are you?
About to do something crazy
sneaking into a show at intermission.
Which one?
"On the Town.
"
I haven't second-acted a
musical since college.
Oh, I gotta go.
They're ringing the bell.
Okay, so you're not heading back
to, uh, to the office today?
- No.
- Good.
Okay.
I'll talk to you soon.
Bye.
Yeah, get the arrest warrant.
Yes, I also thought it was a
seven to ten-day horizon.
Now it's a now horizon.
She's some tub.
How the hell do I get me one of those?
You like the stock market?
Hey, I could if you're offering me a job.
Yeah.
I'm sorry.
I'm getting out of the game.
Good for you, son.
Game's overrated.
Man, what I wouldn't give to be your age,
plenty in the tank and in my pocket,
the open water in front of me.
So ready to board?
Hold on a second.
Excuse me.
All right.
Let's get going, guys.
How's my hair?
Spiffy.
Do you believe this shit?
The CEO of Mundia-Tel
and office presidents in six countries
caught cooking the books.
Company's fucking bankrupt.
Stocks tanked 89% already.
They're talking about suspending trading.
Whole sector's swirling
down the cesspool.
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