Article: Life of an 18-Year-Old Day Trader: He’s Got Fake Millions, Fake ID

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Life of an 18-Year-Old Day Trader: He’s Got Fake Millions, Fake ID

Nick Paumgarten , Observer, 09 August 1999

For a good chunk of July, an 18-year-old kid from Long Island named Harris Kupperman was beating the 9,100 other contestants_in_something_called “TheStreet.com Investment Challenge.” In just four weeks, he had turned $500,000 into $7.6 million, a 1,400 percent return. At that rate, he’d have $76 quintillion in a year. “I guess that’s O.K.,” he said. Actually, it’s unheard of. And to think-this kid couldn’t get a summer job on Wall Street this year. He was too young.

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