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    Breaking news: Niederhoffer still in business after market correction!

    Oh, and as long as we're playing vocabulary challenge, I don't think you actually understand the meaning of empiricism either. Really, why do you repeatedly do this? Why?
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    Breaking news: Niederhoffer still in business after market correction!

    Is this a joke, Hank? You're making it too easy. pseu·do Audio pronunciation of "pseudo" ( P ) Pronunciation Key (sd) adj. False or counterfeit; fake. [From pseudo-.] pseudo- or pseud- pref. 1. False; deceptive; sham: pseudoscience. [Greek, from pseuds...
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    Breaking news: Niederhoffer still in business after market correction!

    Speaking of gamma. "Also, you should never be short gamma. I've become very anti any kind of short gamma trade. That includes carry trades, which in my mind are essentially synthetic short gamma trades. I'm a great believer that portfolios in the macro space should always be long gamma, not...
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    creation of the universe

    What if the inherently unknowable origins of the universe are a powerful (and useful) statement about the nature of reality and purpose? Any of y'all wild guessers think of that? :confused:
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    Breaking news: Niederhoffer still in business after market correction!

    What? What? What??? That doesn't even make sense. Now you're trying to say that Niederhoffer qualifies as the greatest BECAUSE he blew up... and somehow this is better than a guy who went from a few hundred thousand to FIFTEEN BILLION without a single down year...
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    Breaking news: Niederhoffer still in business after market correction!

    Hear Hear. After Vic blows up again, he should open yet another fund: Dead Cat Capital LLC
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    Breaking news: Niederhoffer still in business after market correction!

    Not only that, but VN confirmed this in his own book, Education of a Speculator. There is a beach anecdote, Soros is warning him, telling him to watch out for the waves, telling him he is going to get pulled under. that the waves were too big for him. I guess Niederhoffer thought this was funny...
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    Breaking news: Niederhoffer still in business after market correction!

    It's about absolute dollar returns. The 200% number is relevant in PTJs case because he did it with a huge sum of money, and then he did it again a short time later, and he kept every penny. Huge returns are all the more notable in the context of a strategy that does not lose money. It's easy to...
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    Breaking news: Niederhoffer still in business after market correction!

    From this... to this: Thanks for the laugh Vic. Quantum's multi-billion-dollar score in the British Pound? PTJ's 200% returns in the '87 crash and again in the Nikkei crash, not to mention two decades without a down year? That's nothing compared to you baby. Just 'cause the real...
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    traders who are deeply religious

    Speaking of evil money, check out the devil's coin collection: http://cgi.ebay.com/A-WELL_W0QQitemZ9525927823
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    Althucher guesses: trend funds to disappear within the next 10 years...

    What's your take on the Lampert kidnapping?
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    Jokes

    I admit it, I voted for Bush... I was blinded by his secret genius: http://politicalhumor.about.com/gi/dynamic/offsite.htm?zi=1/XJ&sdn=politicalhumor&zu=http%3A%2F%2Fwww.wimp.com%2Fpresidential
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    How long does it take?

    Come on guys, relax! According to Edwin Truman, who headed the Federal Reserve System's Division of International Finance for 20 years, there is only a 10 to 15% chance of a "catastrophic collapse of the financial system." Hey hey, 10 to 15%... that's not so bad right? Right...
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    How to get some sleep?

    Exercise is a big factor imho... the body is meant to be active. The evolutionary process has maximized human fitness for working our muscles and running around on the plains, not sitting behind a desk. If you get enough solid exercise in each day, your body will take over at night and tell your...
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    Althucher guesses: trend funds to disappear within the next 10 years...

    Good Lord. I would be embarrassed to have an acolyte of my own this obsequious.
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    Althucher guesses: trend funds to disappear within the next 10 years...

    Simple inquiry for Altucher, no sarcasm. Classic trend following is arguably an evolutionarily stable strategy because the fewer practitioners there are, the better it works. When trend followers run into big trouble, it is usually after a period of sustained outperformance that has caused...
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    Do you feel insulted when people like Brett Steenbarger talks down to traders?

    I, for one, am impressed with the guy's patience in the face of such incredible boorishness. Dr. Steenbarger, if you are still here, could you expand on this statement made in another recent article of yours: "The less successful traders are anticipating market movement and trading...
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    Has anybody met (or traded with) any of the Market Wizards?

    Beauty, beauty... brings a tear to me eye ...
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    Jokes

    Here is absolute proof that it doesn't take intelligence to get rich. From the WSJ: Gator 1, Developer 0 Florida real-estate developer Ronald Bergeron was recovering from his injuries after jumping on an unsuspecting alligator's back in a bid to impress some guests. The alligator reacted...
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    Jokes

    This disclaimer should be modified for traders: http://www.nelsonrocks.org/disclaimer.html The last line is the best... "And have fun!"
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