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What happened to Whitney Tilson is interesting. For the first 11.5 years of his hedge fund career, his returns through the period was 184% versus only 3% in the broder U.S stock market. Wonderful outperformance indeed. For the next 7 years since 2010, he trailed S&P500 index. 2017 was truly...

Can foreign investors outside of U.S become customers of RobinHood? Does Robinhood take on only local American retail investors?

Even with the cut in fees, hedge fund managers are still grossly overpaid compared to passive alternatives. FOr once, retail investors with access to passive ETFs/funds actually outperformed rich investors with access to hedge funds and dumb enough to put money with overpaid, underperforming...

John Paulson probably got very lucky in 2008 but does not have the skills to maintain a consistent profitable performance.

Thanks to Gartman, my interest is equities is renewed. I use him as a reverse market-timing tool. :)

After 15 years as a star manager creating lots of value for his investors, his 16th year turned out to be so bad that his net value to his customers became negative. Most of the investors' money arrived near the end of the streak. Fund managers are the most overpaid profession in the world...

So far from the replies, no auto-liquidation took place. THe worst case was that new positions could not be taken. This is bad timing since yesterday was a strong bull market day for the U.S stock market.

Seems like this bug was a bad joke to many IB clients. I hope nobody died of heart attacks.

According to this reddit thread, some IBKR customers' portfolio were down by 100% temporarily due to a bug. The biggest nightmare is that the system went into auto-liquidation mode if it mistakenly believes that margin was seriously impacted due to the portfolio "crash". Did anyone experience...

Please allow me some indulgence today. It is really highly exceptional. INTERACTIVE BROKERS, PLEASE BUCK UP! TODAY, MANY OF US WERE SHOCKED WHEN WE THOUGHT OUR MONEY WAS MYSTERIOUSLY LOST SUDDENLY WHEN WE LOGGED INTO OUR ACCOUNT. What the hell happened? You have been known to have wonderful...

Markets are always changing. It is healthy to have doubts that methods written several decades ago can still work today.

For a trader who is mostly into stocks, is it necessary to pay for Reuters or Bloomberg? Wouldn't IBKR TWS be sufficient? I get the impression that expensive terminals are more for fixed income people, not retail stock investors.

Next thing you know, old people living too long on taxpayer-funded pension schemes will be called parasites too. And next thing you know, Soylent Green technology will be developed to turn these parasites into useful product.

May I ask how much are you being charged for the Bloomberg terminal? Do they charge you extra because you are retail investor? Some big companies prefer institutional customers and charge extra to small fries.

Are Bloomberg or Reuters willing to handle retail investors? I went to their website. No price available. It's always contact their sales. Do they have that "Your business is too small to be worth my attention" attitude towards retail investors, even if we don't mind paying $1.8k per month?

3-day course conducted by Whitney Tilson on how to become a better investor cost $5000. I don't doubt Mr Tilson is an experienced investor but I certainly would not pay $5000 for a 3-day value investing course from a failed hedge fund manager. I would rather spend 3 days reading Warren...

Those who can, do. Those who cannot, teach. This hedge fund manager is not the only one. He is considered very experienced, so perhaps his courses have more substance than the far younger trainers in trading courses. I have come across several trading courses taught by young millennials. It is...

Smells like insider trading.

Thank you for all the replies. I now know that index futures cannot be used to forecast future index prices. I got this impression because I come across news articles about traders using interest rate futures to forecast about future interest rate movement. So, I thought the same can be applied...

Financial speculators who think that a stock index is going to rise a lot for the year will want to buy index futures dated far into the year at a higher price because they expect the price to go up. Hence, if index futures curve is in contango, it means the market is forecasting a bull market...