Tuesday Morning Quarterback talks about "Party Poker Cracked!"

[jedi]

Not that anyone here needs to know this, right?

[ QUOTE ]
So far this year there are two more hedge-fund scandals. Perhaps $250 million in investors' money disappeared from a hedge fund called KL Financial Group, while a hedge fund called Bayou Group is being sued by federal prosecutors, who allege $300 million was expropriated from it. In the case of Bayou, it appears rich marks trusted the fund because it was located in Connecticut, home to most legitimate hedge funds. This is like saying that because an Internet start-up is located in California, well then, it's sure to be a safe place to invest money. Located in Palm Beach, Florida, KL Financial used promises of fantastic profits to entice the Sunshine State wealthy, claiming a secret investment formula that gains 125 percent per year. Note to gullible rich people: money managers who promise unrealistic returns are scam artists working some variation on the Ponzi scheme. Secret miracle instant-wealth investment formulas don't exist – if they did, major firms would already be using them. Think about the logic here: if you actually possessed a secret miracle wealth formula that gained 125 percent per year, would you be going around Palm Beach offering to let others in on your secret? You'd either use the formula to make yourself super-rich, or sell the secret to Bear Stearns for billions of dollars.

[/ QUOTE ]

Replace the words "hedge funds" with "Party Poker Cracked!" and you'll see why you should never buy a "book" that tells you how to get rich quick at poker. Point any future posts regarding seeing opponents hole cards or cracking Party over to this post.

[Swedebubba]

So are you telling me I just wasted $19.95?