Hempton, you are one sad person. Look at the crap you write. Your mother must be ashamed of you.
And yes - I confess they got the first bit right. There is a little bit of sadness here.
But to explain my sadness you need to revisit my post on Titanium Asset Management and their fictional returns.
Titanium's website is not there any more (and I attribute that partly to my post and partly to the related articles in the Sydney Morning Herald).
Whatever: you can still find the website at archive.org.
Here is a picture of Titanium's returns versus the ASX200.
(The original along with a long series of monthly entry and exit prices can be found at this link...)
These returns were of course fictional (the "fund manager" later said they came from "paper trading" even though the original documents described them as audited).
When the auditor confirmed to me that he never audited the returns - well that sort of clinched it.
As I said Titanium Asset Management's website has disappeared.
Briefly Titanium Asset Management renamed themselves "Wedgetail Asset Management" but that website has also disappeared. The website contact in the whois database is Andrew Blanchette*.
One of the fund managers at Titanium has wound up as the "Investment Governance and Reporting Manager" at a reputable financial institution.
And Blanchette remains the Chief Executive Officer of a large financial planning dealer group called - you guessed it - Titanium.
Nobody has been criminally charged for marketing a funds management business on false returns.
So unfortunately I am sad.
Whether my mum is proud of me - that is another question. She always had a penchant for calling a spade a shovel - and I am proud of her.
*An aside. Australians may know why Blanchette is otherwise famous. Short version: he was a boyfriend of a model - Carolyne Byrne. Carolyne Byrne was found dead at the Gap - a Sydney suicide spot. Her later boyfriend Gordon Wood was convicted of murder. Blanchette publicly accused Wood of the murder. Wood protested his innocence and accused Blanchette of the murder. Blanchette was investigated and cleared. Wood's conviction was later overturned as a miscarriage of justice. Probable truth - she committed suicide - possibly induced by SSRIs - and nobody is guilty of murder. The longer version is more colorful because it involves prominent but now dead members of the Sydney business community - alas the longer version is a probable mash of falsehoods too...