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    Another famed value investor closing his fund. David Winters.

    Hi Scataphagos, Wow, didn't know I have been interacting with a professional money manager all this while. May I ask are you still managing other people's money or have you decided to manage your own to be rid of regulators looking over your shoulders? Do you mind revealing a link on IBD or...
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    Another famed value investor closing his fund. David Winters.

    True. NO investor will put money into a fund manager who has no outstanding track record first.
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    Another famed value investor closing his fund. David Winters.

    Fund managers have a huge edge over retail investors to become rich. Fund managers make money off their investors in the form of management fees even when they have a down year. Retail investors lose money in a down year because they're managing their own money. I believe David Winters is pretty...
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    Another famed value investor closing his fund. David Winters.

    David Winters fund was only about $100m recently according to the barrons article. So, I doubt he is worth $3 billion. It is hard for a fund manager to earn that much to be worth $3b if his fund size is hundreds of millions even if he charges ridiculous fees. Not to mention his performance was...
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    Another famed value investor closing his fund. David Winters.

    Fund performance is poor. Investors would be better off buying lower risk fixed income fund with lower volatility and they can sleep better. http://www.wintergreenfund.com/performance/
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    Another famed value investor closing his fund. David Winters.

    There have been a lot of talk about value investing and trend following being dead in recent years. I would like to ask the professionals on this forum. What advice would you give to these has-been money managers whose method used to work but no longer work today (at least for the time being and...
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    Is there anyone here who is self-taught, consistently profitable and confident of continued success?

    A trader may be trading against the brightest, sharpest minds around but he probably makes his money from the least skillful, emotionally unbalanced sheeps/amateurs in the market. Financial markets have a low barrier of entry. The skillful probably most of his money from the less skillful. If...
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    Meet The Quant Hedge Fund Manager Who’s Killing It This Year

    He did terribly in Feb 2018. His fund lost 21.1% in Feb2018 (to 20Feb) alone. The 2016 news article says he's not a trend follower. But in Feb 2018, his performance was highly correlated with trend-followers. Not only that, he was among the worst performer in that fateful month...
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    What were some strategies that worked in the past but no longer work well today?

    Buying and holding cheap S&P500 beats holding buying and holding agile, active index of hedge fund managers who are far far more expensive. Warren Buffett won this bet.
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    What were some strategies that worked in the past but no longer work well today?

    It is rude to ask a successful trader what are some of his trading strategies that work well for him. It is like asking him for his patent secrets. However, it should be fine asking what worked in the past but no longer works today for learning purposes. James Simons shared once that...
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    Is there anyone here who is self-taught, consistently profitable and confident of continued success?

    You should also consider percentage gain. If the consistent $50k gain is only 2% gain of his investment capital, then one might as well buy risk-free Treasuries yielding 2% while working on a full-time job instead of dreaming to be a full-time retail trader.
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    Online Training Academy for income

    It is very evil to target retirees as victims. When retirees lose their money, they cannot recover from the blow. Whoever makes money off retirees should burn in hell.
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    Is Yen currency cash and futures available for trading during Golden week?

    Is Yen forex futures available for trading during golden week? How about the cash market? News article says Japanese derivative markets are closed. Does it mean forex futures for USDJPY is closed for trading...
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    Hedge Funds Q1 2019 YTD best aggregate returns since start of 2012

    What's the point of having the best returns in X years when the hedge funds are still under-performing cheaper stock indices? Why should rich people put money in hedge funds when poor retail investors can put money in low-fees superior performance index funds/ETFs?
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    Ray Dalio's Principles In Action - App

    Maybe Mr Ray Dalio is long Apple and short Google. LOL.
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    Trading Sardines - Linda Raschke interview

    What caught my attention is she saying that trend-following is dead. Unfortunately, she did not explain why trend-following is dead. Given her experience and achievements in the industry, what she says carry weight. If trend-following is not dead, it's at least half-dead today.
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    Trading Sardines - Linda Raschke interview

    Anyone read the book "trading sardines"? It's not even on Amazon. No reviews on Amazon yet.
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    Caveats and hidden costs when trading in Israel stocks

    1 week ago, Interactive Brokers announced that it is providing access to Israeli stocks. Anyone experienced with Israel stocks? What are some caveats and hidden costs to take note when trading Israel stocks? Any stamp fee and financial transaction tax for Israeli stocks like European stocks...
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    $20 million missing: Broker's client money used to cover losses

    So, clients' money with Interactive Brokers is safe, right? No wrongdoing or negligence on the part of IB for this incident, correct? As a customer of IB, this is a very important question to me.
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    Blue jeans giant is going for green: Levi's files for IPO

    I don't see many people wearing jeans these days. The past was more prosperous for jeans business.
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