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Correlation does not imply causality. There is no statistical basis to argue that having money makes you happy. There might be confounding factors, or happy people simply are more likely to make more money throughout their careers. I have a lot of money, my happiness didn't increase. I didn't...

And what makes you think a typical Hedge Fund would benchmark vs. a 60/40 bond/equity allocation? Guess what: Hedge Funds didn't beat gold from 2000-2015. But why would they? Apples and oranges.

The value (or curse) of owning hedge funds will show during the next bear market. Not during a tiny 5% airpocket.

"We" as in you and your kid brother, paper trading from your mom's basement?

Short answer is yes. Caveat: just because it worked last 25 years doesn't guarantee future results. Data see http://www.cboe.com/micro/put/

Says who? Japan is waiting 25 years now.

And saying "Oil will only go up" for the last 10 years. Oh boy was he right! Buy commodity futures! Can only go up!

The guy probably had good intentions but he's clueless on how to run a business.

Here's Faber pumping gold miners 2 years ago when they were 100% higher: http://www.cnbc.com/id/100952482 Just one soundbite from 2013. There are numerous other of the last decade.

As he has for the last 15 years while mining stocks have had a total return of 0% from 2000-2015.

You didn't post sh**.

Apparently there's no market environment they can lose money is there. What a bunch of baloney.

Your reply just shows how clueless you are. Medallion did NOT return an annualized 80% what on earth are you clown smoking. Also, Medallion manages low single billion USD -- if it was open like Winton is its returns would suffer drastically. Harding manages $25bln. Plus you left out leverage...

Its like when Soros says value investing doesn't work. And then you see Buffet did very well with it. Simons says trendfollowing is garbage, then I see David Harding did very well with it. This kind of non-sense doesn't only happen in finance. Keith Richards from the Rolling Stones said Heavy...

Look at a longterm chart of VXX. That's your risk.

How is he a great fundamentalist? He seems completely delusional in his economic analysis. 2011 he said "The US debt problem is much worse than Greece's" and "Europe is in much better shape economically than the US". Fast forward 4 years he sounds like an idiot. Exactly the opposite has played...

Peter Schiff is a scaremonger who is recruiting idiots to buy his funds and brokerage products. People investing with him must have been poleaxed: Australian Dollar in bear market, gold stocks down 80% from peak, US Dollar 100% above the target he set out in 2004.

Reminds me of that Shiller housing ETF with one class for rising home prices and one class for falling home prices. Nice in theory but it disappeared within a few months.

Even if there's only a 50c spread in the options that's very expensive to 'trade' in and out of.

You can't make generate any sort of interest outside of 30 day T-Bills without taking any risk. The BM interest rate paid at more prime brokers is around .1-0.15% right now. If you want to do better than that you either take on outright long positions (which are not risk-free) or at the very...