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Of this one. Police in a Porsche Cayenne? You gotta be kidding me.

Couldn't be happier with IB. I am not a scalper so I can't comment on 'fills'; I simply use limit orders for most trades.

Stop shorting CL. That'd the first step.

A couple interesting facts about this Russian 'business man': Television Presenter Tina Kandelaki? Sure why not ;)

Time for Ackermann to hone his Russian language skills.

http://www.forbes.com/afxnewslimited/feeds/afx/2008/06/11/afx5103208.html FRANKFURT (Thomson Financial) - Shares in Deutsche Bank AG. were higher in early morning deals as traders pointed to talk that Russian billionaire Suleiman Kerimov may be looking to buy shares in Germany's largest bank...

But it makes a big difference to a trader who can trade. It can make the difference between being able to trade for a living and and being forced to work a daytime job forever. But I guess I am off-topic. The topic was 'successful', not 'successful fulltime'.

The Brits and capitulate? I don't think they know how! "We will never surrender"

You mean so many businesses you know and heard of in the media that were successful over time with very little capital needs. What about the millions of businesses that are being started with too little capital every year that fail and you never hear about because they get no media coverage...

http://www.nysun.com/new-york/spitzer-mulls-starting-vulture-fund/79666/ Eliot Spitzer, in his first big business venture since he was shamed out of office by a prostitution scandal, is shopping around a plan to start a vulture fund that would scoop up distressed real estate assets around...

Nothing better than a politician arguing a price set by a market is 'not justified'. Next thing you know we're back to 5 year wheat production plans.

Once the parabolic oil names go down the crapper so will your coal names. Nothing your fundamentals can do about it.

That's not true at all. Look at the charts of HES CRK WTI SM etc. There are dozens like these in the mid/small cap space. They all had parabolic runs just like the coal companies.

Long TBSI DSX NM. All getting whacked today :)

The oil and coal stocks are highly correlated.

Can't say I disagree :)

LEH 27.50 -6.5% Maybe Einhorn isn't as naive and dumb as some thought? LMAO

Look at all backtests again and again, backtest some more and see if whatever drawdown I am in currently is within 'normal' parameters.

And now you tell me what the ethical difference is between saying a company that trades in the $30s will goto a nickel and saying that a company that trades at a nickel will goto $30. It's okay for Buffet to tout his long picks but morally wrong for Einhorn to say a company is lying about its...

Let me summarize your "facts": "Loeb, Ackman, Einhorn etc. have no talent managing money. Let's just throw them all in one big bucket. Their above average returns come solely from luck and illegal short selling schemes. They will all end up in jail very very 'soon'. The fact that $8 out of...