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Meet "The Wohl Of Wall Street": The Inland Empire's Own 17-Year-Old Hedge Fund Manager
A decade ago the Inland Empire was known for having more real estate agents than any other profession, because "making money in real estate was so easy, anyone could do it." Now it's the rise of the "hedge fund managers."
Turns out E-trade knew precisely who their target audience was with all those baby ads. Because when we learn that a 17-year-old football and basketball playing highschooler out of California's Inland Empire is running his own "hedge fund", all we can say is "thank you Fed" for eliminating all the risk in "markets", and allowing such young entrepreneurs as Jacob Johl, who already has 20 investors and is better known as the "Wohl of Wall Street" to thrive and propser, even as all those who were still alive when markets were actually, well, markets can only sit back and laugh.
And laugh some more when seeing performance charts such as this one, pulled from the aspiring hedge funder's website.
About Wohl Capital Investment Group:
Wohl Capital was started by its current CEO and Senior Manager Jacob Wohl. Many hedge funds take only acredited investors with $1 million of capital or more to invest. We believe that we've created a hedge fund for the rest of us.
Jacob started Wohl Capital Investment Group to create a hedge fund for the average middle class investor. Without million dollar minimum investment requirements Wohl Capital's hedge fund has provided a way for middle class investors to make real returns. With a guerrilla warfare mentality towards investing, Wohl Capital is able to outperform the institutional giants again and again.
Good luck Jacob, and don't forget the only two things that matter in this "market" - BTFD and BTFATH.
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Another Channeling Stocks dot com dweeb [every generation has one]
"See what you do is, you buy low & you sell high" = "See what you do is BTMFD"
When crap only goes one way....it's really easy.
Catching that Crazy Ivan....is the real bitch.
He even made his website on WIX! Not to mention the promise of superior gains over the market time and time again! Can't wait for the next 10 years when the SEC sees this.
This boy has a bright future ahead of him. An entire QUARTER of outperformance.
During a hurricane, even a turkey can fly!
Thanks for the laugh. I've been in the investing biz for 35 years (bonds) and I never heard that line.
Actually turkeys do fly . . . but can't fly very far.
As the Big Guy found out the hard way.
"Actually turkeys do fly . . . but can't fly very far."
Actually ~ I can fly too... but not very far... OK OK ~ So I'm a turkey
Well you can just butter my butt and call me a biscuit!
Even on MSM, you can basically watch about feel good stories everyday on TV that makes you feel that this country is so darn great!
Strike it rich? Thats easy....just plow into the stock market at all time highs, no risk..
This is a paid ad by the Wall Street banks to sucker retail to buy into stocks. If a teenager still blistering with acne can do it, anyone can.
Love how this "Wohl Capital" is holding itself out to the public like crazy and yet not registered as an IA in California or with the SEC.
What a bright future this kid has, breaking securities laws before he is even a grown up.
I am sure Goldman Sachs is looking to hire him as a potential CEO down the road.....got the work ethics like a typical Wall Street Jew.
Speaking of the muppet king they just ipo'ed their speciality lending arm today. Inquiring minds might ponder the timing but I'm busy flipping low end REOs with the members of my co-ed softball team
Watch out, kid.
Prime candidate for nail-gun suicide
wow. just.......wow.
wool is from sheep, not even close to wolf...
I was thinking the same thing.
Very unlikely he has enough AUM to be SEC-registered, which means he needs to be state-registered to be in compliance with various federal and state statutes.
In theory it should be only a matter of time before California's Department of Business Oversight pops this kid.
Reminds me of a time when I first joined Mother Merrill (Lynch) in New Jersey. The 2-Year "Rookie FC/RIA/Broker" Program was rigged from the start - the Firm was advised by Consulting Firms that most Counties of the State were saturated w/Financial Advisors, so it would be better off poaching from other Firms. Second, their Sales Goals were so unrealistic, 70+% of Rookies in the BOS-WAS Corridor didn't make the first/easiest Asset/Customer Milestone. Only one guy in our group, a superb Muni Bond Seller and an ex-Air Force Flight Officer(Merrill Hires Vet Officerss mostly for Dollar Dialing gigs - Tech Majors are far too overqualified and should be in Trading/IB/CFA, or IT Pipelines), got anywhere.
The Resident VP (Mr. "Pee") decided to play games. He had a favorite - an alleged Niece - in the group. He had Licenced FCs turn over accts to the "Favorite" - by closing and reopening "new" accts under her Sales Credit. Clients rcvd Low/Free Commission Fees on their Trading for several months in exchange. Bad Part, was that they were doing it BEFORE SHE HAD HER SEC LICENCE. When it came time for the Second Milestone, again, the AF Guy was the only guy who made it; but the Favorite overtook him a month later.
A month after that, he quit. 6 Months after that, all the Rookies save the Favorite were fired for "not making the targeted Goals". The RVPee? The Experienced FCs had some blowback; and they eventually had him transferred. early 15 Years later, I notice the RVP's Name (Son? Nephew?) on the Cover for the BREA, CA Location - right near the American Funds HQ (the RVP used to peddle this Fund Co often).
IRONICALLY, just a quick drive away from this Kid's Location. I'm sure he's probably had calls from Merrill to "Park his Fund" with them. Then they'll access the client list, cold call / open regular brokerage accts with his Clients, hedge against the Kid, etc. Last time I checked a FinContracting Site, Merrill's trying to hire Collection Agents as a priority gig now....
Got to love that Retail Brokerage Sector -
FYI, in case some casual readers (don't think ZH Members would be) thinking about putting their money with this youngblood's "Firm".
Caveat Emptor -
http://www.sec.gov/contact/addresses.htm
http://oag.ca.gov/consumers/general/investment_securities
http://www.dbo.ca.gov/Licensees/Broker-Dealer_and_SEC_Investment_Adviser...
http://www.dbo.ca.gov/Licensees/Broker-Dealer_and_SEC_Investment_Adviser...
http://www.dbo.ca.gov/About_DBO/contact_us.asp
Years ago - I had to go to my bank. Around 2009. A less scummy super regional. The kid who worked there said his dad had been a broker at Merrill during affirm action Stan O'Neil. He said they had quotas to sell mortgage backs to the public even though the brokers knew they were worthless sh*t.
Hmmmmmmm.
American Funds. I heard that before. Is that a front-loaded piece of shit group of funds designed to enrich CFP salespeople??
I just closed a 150Seat Acct with a MD Practice with another FC; and the Practice wanted to refer another 450 Seat Practice to us as well.
Talk about a screw job. At least, a few of my associates and I (with Institutional Clients) were about to kick off a Hedge Fund near the end.
Funny to see Merrill bought by BoA. Recall the RVPee mocking the Series 6 (Mutual Funds only) Investments the Retail Banks were offering then.
No problemo. All he needs is one investor like Geitner or Zuck to frontrun for him and show him the ropes ie dodging taxes/ crowdfunding lawsuits. Now that I mention it that Wohl Cap chart does look suspiciously like FB.
Inland Empire - Home to such forward thinking cities as Colton, Fontucky, San Berdoo, and Upland.
http://www.deaneanderson.com/wp-content/uploads/turkey_fly_lg.jpg
I like how these kids have multiple monitors and charts with many indicators opened in their backgrounds to look more 'professional' lol.
Yeah, when I was 17, I worked as a cashier. "Work ethic"...what were my parents thinking?
I know. My parents shafted me the same way. Hard work, honesty, responsibility for my own actions..... what a crock of shit.
@ No Debt:
I feel your pain, man! I was recently relating the story of my childhood allowance to someone: $5/wk.
For that $5, I had to:
1. Wash the dishes after dinner each night.
2. Wash the cars every weekend (unless it rained).
3. Cut the lawn.
4. Clean my room.
Kids today would probably file a lawsuit, on the grounds that child labor laws were being violated...
When I was 17...
In the spring, I worked at an Investment Advisory and Tax Accounting firm.
In the summer, I taught boots on the ground how to better enforce 'Murican Exceptionalism at Quantico, and do Australians off the tower.
At night I was a bouncer at college bar.
All year long I ran my Corporate and Industrial Security LLC.
Then there was that annoying "school" thing, where I was expected to maintain a 4.0 GPA and earn another 3 varsity letters that year, and if Yale and Princeton were anything other than your "fall back" applications, you were just stupid.
Then there was the constant distraction of this horny college chick I was dating.
Fortunately, I had moved out of my parents house and had my own apartment, so I could slack off on cleaning my room and doing the dishes.
But I did pull in a bit more than $5/week and actually the median US household income at the time, at the expense of a slight dip in the GPA in the spring semester.
---
Sleep is OVERRATED, and that kid is a slacking Shinola salesman peddling shit. But AN ALLOWANCE IS FOR SLAVES, which is why I started working at 13 and had more cash in my wallet than the Rockefeller kids, even if their daddy did provide his little brats with nicer cars and slave's quarters.
But it was only possible because I could find SMALL BUSINESS OWNERS back then who were willing to overlook the child labor laws saying employees had to be at least 14, even with their parents consent, and I took really shitty hourly pay as a tax-attractive (for the company) independent contractor and locked in generous incentive/commission pay on new business that I could bring in.
Are you that guy in the bar who always seems to have a story better than anyone else?
thats what i was wondering?
anyway, zuckerberger and his younger cousin trading genius are the bomb - smothered and covered wif' real smarts - wish i'd been born smarter, dang
got what it takes, and 'merican to boot!!! if you aint gonna run with the big dogs, get out the way - if you aint goin' for the corner office then you aint american!
gears, levers and chemicals - thats where it's at my friends... we'll shovel the carcasses of the losers into the engine of productivity! and it's easy, any child can do it
So, no more "plastics" then?
No, but I have lead a life that makes the Most Interesting Man in the World look like an agoraphobic.
Stay thirsty my friend.
(perhaps you missed that message in my original post)
Never too late to go berserk.
yeah, cashier only has one screen, at best.
In late 2007 I was working at a bank as the financial planner and broker. I received a call from a branch that there was a lady there who wanted to invest. I went right over to talk to her. She was in her sixties and had just retired. In her hand she held her 401(k) lump sum distribution of well over $200k and she wanted to invest it all in an IPO Willard Scott suggested people purchase on that morning's weather report.
At that very instant I realized the market top was in. I was off by only a few months.
edit - P.S. I walked her over to a bank customer service rep and had her open several structured/layered CD's with the money.
I knew the market top in real estate was in when (in 2006) i was working late one night and the cleaning crew came in. The Janitor told me he takes money out of his 401k to put 1% down on a property and in 3-4 months flips it and puts the money back in the 401k and keeps the profit.
On these very ZH pages with gold at $1800 I pointed out the number of autos in my area with shrinkwrapped signage: "I Buy Gold!"along with the same prolomations waved about by roadside sign twirlers &c &c.
Ironically, the key to my recognizing the top was not the ubiquitious signage but the volume of shrill, personally insulting rebuttals I received by the supposedly well informed ZH posters when I pondered aloud if these were not ominious signals.
Today, In Colorado, I am seeing 3-5% appreciation, per-month, on single family real estate. Money is pouring into Colorado from other countries, paying cash. I was at an "investor club" meeting last night where Colorado investors were very actively seeking opportunities in other mid western states (Iowa of all places). Because they can get in soooo Cheeeappp!!!.
Like my flight instructor used to say "tighen up those straps, we're going to test the structural integrity of this pig".
At least then we had helmets, parachutes, and ejection seats if stuff broke.......
Had that toppy feeling nagging me for awhile so I sold my home at the beach in east central FL into a great unsolicited bid. Looking about for an inexpensive new place off the waterfront I keep bouncing into "investors". It's astounding how many home flippers are working the low- mid end market here especially away from the beachside. It has that 2005/6 smell again
At the peak of the Tech bubble, 10 year old kids would call in on the that CNBS show..."BUY SELL or HOLD" asking about AOL.
All the signs are in place....we just need a trigger
I'm placing signs all around the busy intersections in my neighborhood announcing: "I Buy Cash!"
Today, In Colorado, I am seeing 3-5% appreciation, per-month, on single family real estate. Money is pouring into Colorado
amazing what pot will do for a local economy
Mr. Dissonance, thank you for taking care of that nice old lady and her 401k distribution. God bless you sir for preventing her from making a mistake based on a single broadcast on the idiot box.
And you, CD my friend, probably set up that retired lady with rates that people would kill for today. What was a 5yr at the time? Between 5-6%? Structuring out $X over 1-5yr CD's so that the total amount is "insured" by our trusty FDIC probably returned her anywhere from 1% on up to 6% through 2012.
My, how the world has changed
Cog Diss - Should of placed all her money on 6 month OTM puts. 6 months later she could have had Willard Scott giving her private weather reports.
Timmy Sykes, 1999, Henry Blodget, AOL-Time Warner, pets.com, James Glassman & Winners of The New World, all rolled into one.
Thank you Mssrs Bernanke & Yellen.
p.s. - Anyone seen T. Boone "oil to $250/barrel very soon" Pickens lately?
"p.s. - Anyone seen T. Boone "oil to $250/barrel very soon" Pickens lately?"
Last I heard he was jousting with windmills wind turbines in the midwest.
heard he's making a pitch to Viagra to get the rig count up again.....
Oh good ol' T-Boone was probably out of oil WELL before the price fell back from $100+/bbl. He's been busy buying up rights to the massive aquifers under flyover country. Pretty soon everyone will be buying water from 'his' supplies/sources. You folks in Vegas are SKUH-ROOED.
He's long Oklahoma State University football...
HE IS GOING TO LEARN A HARD LESSON WHEN THE MARKET CRASHES SOON DUE TO THE FED'S BAD DECISIONS.
Better he should learn it at 17.
Some never learn.
SECOND GREAT DEPRESSION IS COMING !!
Just in case you didn't know it, the "CAPS LOCK" button is all the way to the left of your keyboard and is presently 'ON".
No, the other left. :-)
I was making a point you grammar nazi.
Pedanticism makes the world go 'round. ;)
Maybe your idiotic posts aren't as important or original as you think they are.
"Better he should learn it at 17."
Unfortunately with OPM....
Rumors are indicating that he hired Mohammed Islam, our favorite high school investor.
Jacob Islam Wohl Sykes Investment Capital, PLLC
How many times has he violated the "Accredited Investor" rule?
And what about investor suitability? He's putting investor money into options - are those suitabile investors for non-accredited middle class investors? Are the investors receiving the required disclosures concerning the risks of options trading? I suspect I know the answers...
How to make your own hedge fund ?
Just buy the fucking dip and follow central bank chairman QE announcement on twitter...
BTFD !
Yep, we are there. The ride down is going to be exhilarating.
Hookers and Blow will teach this kid the proper way to make money.
So let me guess....he is long everything! What a genius....print money bet stock inflation! That will end well
Never mistake genius for a Fed fueled "bull" market. The key is not to make money, but to keep it during downturns. This kid was 11 years old the last time there was a significant market drop.
brother of the penny stock young fake millionnaire or...
Another shoeshine moment in history!
Kind of ironic that he misspelled "accredited" on his website...
Is this all it takes for a hedge fund? A stacked gif of some charts, a guy with a golf club, and a badly pixellated image of a bank named download(1).jpg?
He was placing trades during that spellin' class.
This is a bullshit propaganda piece.
Designed to deceive young fools to mortgage their futures.
To play at the casino.
There is no correlation between age and trading success.
Anyone purporting that is a liar.
The Nephilim are busy bees.
They vex me. lol.
Agree on lack of age correlation.
However, from his perspective the casino has been on a 45 degree climb since he was 11 ys old.
I grew up in the age of mark to market.
He grew up in the age of mark to fantasy.
"I grew up in the age of mark to market.
He grew up in the age of mark to fantasy."
And who do you think wins, in the long run? Yeah, anyone can make generate a return in a market like this:
1. Use well-reasoned logic, to determine what you think will happen.
2. Know that Central Banks will undermine that logic.
3. Do the opposite of what you think will happen.
Just ask Hugh Hendry!
"And who do you think wins, in the long run?"
On a long enough timeline...
;)))
Nephilim usually work in tribes of 200.
They accomplish nothing on their own.
Sweet bar mitzvah gift for Moshe . Hope
ZH was paid well for this advertisement.
God I hope this is a ponzi scheme. Kid will off in Bermuda banging chicks all day while his investors hunt him down lol.
SEC to investigate in 5...4...3..oh look, midget porn!
Badger den?
I actually feel sorry for this kid. I hope he comes out the other side of this relatively intact.
Fuck that kid and his parents.
After reading his investment strategy, I am confident, he and his investor's will be bankrupt by September. The poor little boy appears to idolize Uncle Warren. Warren's strategy only works as long as Uncle Sam has his back. I will bet my left testicle that Uncle Sam does not give a rat's bunion about this little boy.
Warren Buffet gives a lot of money to Uncle Sam when he/she wants to be reelected.
There is no corruption in the USA.
"Eine Website mit Wixerstellen!"
WTF?
That's our boy. That's why California kicks ass. 'I can trade in class' HA Sounds like he's an active trader which makes him a lot more viable than many hedge fund managers.
He states that he's using options and technical analysis. How long do you think it would take him to flip his position to net short via SP500 puts?
You guys notice his screens were loaded with charts and not financial statements and spreadsheets? How many charts do you think Buffet looks at?
My momma sez the S&P iS the DEVIL!!!
Off to a good start, breaking various SEC rules and securities laws. He'll fit in quite well.
I love his website. One completely non-compliant performance chart and the page with a picture of Warren Buffet, leverage, options and day trading. A perfectly concocted melding of conflicting stragegies to confuse and appeal to the masses. Pure genius.
When I put my site up, it's going to borrow from Sourthpark. Phase 1, collect underpants. Phase 2. Phase 3, Profit.
Yeah, he's gotta clean that shit up ASAP. Most hedge funds just have one page that's really a masthead with contact information only. Like:
XYZ Group
123 Park Avenue
New York, NY
info@xyzgroup
212.555.1212
Add 'Operators are standing by'?
Add 'We accept bitcoin.'?
This is another indication a top is here and a crash is coming soon.
Bravo!
Good catch.
How many charts do you have to look at before you learn UP, DOWN, SIDEWAYS, FUCKED PRICE ACTION? If he's looking at a ton of charts, and he did mention currencies, I'd be shocked if he hasn't looked at all major commodities, currencies, etc. in many time frames.
HELL, HE'S PROBABLY ON ZERO HEDGE TOO.
Robotrader?
I thought he was an Arab millionaire and traded penny stocks
Good for him. I hope he continues doing well.
So this is what it has come to...
We have a ton of ridiculous rules in this industry, BUT, isn't he violating a bunch of them? Accredited Investor requirements, Qualified too if he's charging performance fees which is not clear, he doesn't appear to be registered as an Adviser with either CA or the SEC. I guess he could be operating under crowd funding rules, but he'd still need to raise money through a B/D and would be limited to $1mm - right? - so, given no performance fee allowed and assuming a 2% management fee, he's grossing a max of $20k before expenses, which isn't realistic.
Wonder if they throw him in jail?
He's still a minor. Parents should have been watching out for him and serving as compliance officers.
I occassionally have to deal with some of the "algo" folks in Chicago, and the latest trend seems to be "hiring young smart energetic college grads"...(their phrase not mine)....to populate "point & click" prop desks. Hertshten Group is probably the best known, but others are cropping up. Trading is now so easy "even a caveman can do it"....(wait maybe that was insurance)....oh well. No risk. No knowledge required. And clearly no experience either.
Did you see the big Zero Hedge story announcing Benjamin Netanyahu's victims in Israeli elections?
Oh, wait...Zero Hedge didn't carry that news!
This unemployed Japanese started with $16K & increased to $200M+.
He's called BNF....I think he bought a large building with the money &
lives well off right now. He's a legend on the net.
http://www.youtube.com/watch?v=La-WIYNjgoY
investing? it's just like playing pac-man.
It's COMMON CORE math folks. 2 + 20 = billionaire status!
He just used his Bar Mitzvah money that mommie and daddy stole from the Goyim and no he will not go to jail ever.
So one quarter of alleged outperformance gets you on TV now?
Is that what things have come to?
Yep, it's the MSM propoganda that it's so easy to make money investing, even a kid can do it.
Next up, the cat that sat on the keybord and made a $25 million trade.
http://www.independent.co.uk/news/science/solar-eclipse-supermoon-spring...
His is a perfect case of laissez faire that MOST here on ZH despair ever existed but most certainly has not in our lifetimes. He's young. He's learning. He's gonna learn the same hard lessons that we all did but I'd put my money on him not having to learn them twice. I admire his get up and go. I'd be a proud Dad if he were my son.
At 17, do the regulatory requirements even apply to him?
Yes, the law applies. He is primarily responsible, but his dumbass teachers and moreso parents should have been watching out for legal and compliance issues. His teachers probably can't spell STAWK.
I'm sure the whole story is bullshit. He's probably managing the $25 he made delivering newpapers at 4am. Don't get too worked up about the clickbait on the net.
Everyone's a genius in a bull market.
I guarantee things will end badly for his investors. This market is one dimensional and easy if you don't have critical thinking. When this administration takes its finger off the green "buy" button things will return to normal after cleaning everyone's clock.
Ya think?
His unsuspecting investors already have 2 strikes firmly against them,
1) Their cap-i-tan is a jew
2) Possessing a high IQ/ critical thinking abilities are not amongst the "Kalifornia dreamers" repertoire.
Khykes have a lock on the "sucker born every minute" angle of shearing the goyim.
Anyone ever read the translated version of their laws? It reads as a how to guide on fraud and usury. (Fact)
survivorship bias anyone??
why don't they report on the 10 year old who lost all his money in the stock market?
It's 1999 all over again...
...except this time I don't have a six pack, get black out drunk every night, and wake up with random strange in my dungeon basement apartment.
Why not? Liver ailments or STD's?
Mr. Wohl needs an exit strategy before he turns 18 and can be prosecuted as an adult. You need to check out his website. This should be an Onion story.
...his website, on wix.com? nothing but class hah!
There have been some comments about him, being prosecutide, or going to jail, after bull market is over.
Well, I have not seen a jewish character being prosecuted, after he lied to goims and stole their money, not in US.
"Bank of America is good right now"
heard that - he's solid
All I can think of when I see this kid is the slackjawed yokel ukelele player from Deliverance.
The best part is when he "explains" his PE teacher how he should "grow his investments exponentially, not linearly".
http://www.youtube.com/watch?v=jLAr-WlxMZY
Indeed..........
Exactly.
Thanks to Wohl Capital, the most unsophisticated investors can expand their wealth... exponentially!
Remember: Wohl Capital - the hedge fund for the rest of us.
The website is definitely a hoot. Kinda like CNBC for the unsophisticated.
Joe Kennedy and the Shoeshine Boy.........
Indeed.....
As I've said, Trillions, Not Billions, will Be Permanently Lost by Current Rentiers.............
When a 17YO khyke starts doing this.... it is time to evacuate, post haste.
....and again the experts (and jew puppeteers)will never see it coming, along with this young "know it all." Wait till he's ducking nail guns, jumping physical "hedges" and fences for years to come to get escape the geezers and soccer moms with pitchforks. Then again, he can hide behind the fortress shield by calling them anti-semites.
It will certainly be entertaining watching it happen later this year. LMAO
this must mean the equity market in US has topped
this must mean the equity market in US has topped
Found dead by a self-inflicted nail-gun wound.
This is when you know the market is about maxxed out and a bear market is right around the corner within a year.
On his website the kid cannot even spell accredited. However, the fact that he mentions it, means he knows he is breaking securities law.
Then I notice he said he employs options as a strategy. His investors better watch the infamous episode of "South Park, and its gone". Because that is what is gonna happen.
'
'
'
There's always some one with this kind of luck.
"One man is born a hero, his brother a coward. Babies starve, politicians grow fat. Holy men are martyred, and junkies grow legion. Why? Why, why, why, why, why? Luck! Blind, stupid, simple, doo-dah, clueless LUCK! "
https://www.youtube.com/watch?v=xGZVwW5nyrE
•?•
V-V
I'm gonna start a hedge fund called CCM. Caveman Capital Management...
If your IQ is under 70, I'm your man...
"If your ready to make real returns, let's get started!"
If it would be that simple, then everybody would do it.....
a zionist hitlerjugend at work.
When the market does turn will these Jews know how to cut wood?