DUNN Capital Up +55% for 08

Quote from Trend Following:

DUNN Capital is up +55% for 08. Does that mean he will continue straight up? No. Does it reinforce that he has his niche of the world of trading figured out and has been doing it successfully for over 30 years? It appears so.
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Qualified Eligible Person (QEP)

An investment with DUNN Capital Management, Inc. ("DUNN") is highly speculative and involves a substantial degree of risk. Our trading programs are designed for sophisticated investors who are able to bear the loss of their entire investment.

In that vein DUNN has filed a "NOTICE OF CLAIM PURSUANT TO COMMODITY FUTURES TRADING COMMISSION RULE 4.7(c) UNDER THE COMMODITY EXCHANGE ACT, AS AMENDED ("ACT") which restricts solicitations to someone who is a QEP (Qualified Eligible Person) as defined by the ACT.

Please review the list below to see if you may be considered a QEP.
1
FCM
2
Broker / Dealer
3
CPO which has been registered and active for 2 years or has >$5M in assets
4
CTA which has been registered and active for 2 years or has > $5M in assets
5
Investment adviser which has been registered and active for 2 years or has > $5M in assets
6
Qualified Purchaser
7
Knowledgeable Employee
8
CPO, CTA, IA for the exempt pool or account (see note below)
9
Principal of CPO, CTA, IA for the exempt pool or account (see note below)
10
Employee of CPO, CTA, IA for the exempt pool or account involved in investment activities for 1 year (see note below)
11
Employee or agent of CPO, CTA, IA for the exempt pool or account involved in legal, accounting, auditing or financial services activities for 2 years and is an accredited investor (see note below)
12
Trust not formed to invest in exempt pool or account with trustee being a QEP
13
Organization described in Sec. 501 (c)(3) of the Internal Revenue Code with trustee being a QEP
14
Non-U.S. person or entity
15
An entity in which all participants are from any of the above groups
16
4.5 entity with all QEP investors
17
Registered investment company
18
Bank
19
Insurance company
20
Plan, with > $5M in assets, for employees of a state or political subdivision
21
Employee benefit plan with > $5M
22
Private business development company
23
Organization described in Sec. 501 (c)(3) of the Internal Revenue Code with > $5M in assets
24
Corporation, trust, partnership with > $5M not formed to invest in exempt pool
25
Person with net worth >$1M
26
Person with net income > $200,000 each of the last 2 years or > $300,000 when combined with spouse
27
Pool, trust separate account, collective trust with > $5M in assets
28
Certain governmental entities

:)
 
Quote from ASusilovic:

Qualified Eligible Person (QEP)

An investment with DUNN Capital Management, Inc. ("DUNN") is highly speculative and involves a substantial degree of risk. Our trading programs are designed for sophisticated investors who are able to bear the loss of their entire investment.

In that vein DUNN has filed a "NOTICE OF CLAIM PURSUANT TO COMMODITY FUTURES TRADING COMMISSION RULE 4.7(c) UNDER THE COMMODITY EXCHANGE ACT, AS AMENDED ("ACT") which restricts solicitations to someone who is a QEP (Qualified Eligible Person) as defined by the ACT.

Please review the list below to see if you may be considered a QEP.
1
FCM
2
Broker / Dealer
3
CPO which has been registered and active for 2 years or has >$5M in assets
4
CTA which has been registered and active for 2 years or has > $5M in assets
5
Investment adviser which has been registered and active for 2 years or has > $5M in assets
6
Qualified Purchaser
7
Knowledgeable Employee
8
CPO, CTA, IA for the exempt pool or account (see note below)
9
Principal of CPO, CTA, IA for the exempt pool or account (see note below)
10
Employee of CPO, CTA, IA for the exempt pool or account involved in investment activities for 1 year (see note below)
11
Employee or agent of CPO, CTA, IA for the exempt pool or account involved in legal, accounting, auditing or financial services activities for 2 years and is an accredited investor (see note below)
12
Trust not formed to invest in exempt pool or account with trustee being a QEP
13
Organization described in Sec. 501 (c)(3) of the Internal Revenue Code with trustee being a QEP
14
Non-U.S. person or entity
15
An entity in which all participants are from any of the above groups
16
4.5 entity with all QEP investors
17
Registered investment company
18
Bank
19
Insurance company
20
Plan, with > $5M in assets, for employees of a state or political subdivision
21
Employee benefit plan with > $5M
22
Private business development company
23
Organization described in Sec. 501 (c)(3) of the Internal Revenue Code with > $5M in assets
24
Corporation, trust, partnership with > $5M not formed to invest in exempt pool
25
Person with net worth >$1M
26
Person with net income > $200,000 each of the last 2 years or > $300,000 when combined with spouse
27
Pool, trust separate account, collective trust with > $5M in assets
28
Certain governmental entities

:)
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They are not the only ones bound by U.S. laws. What was the point in posting?
 
Quote from nazzdack:

Fortunately for Dunn, the "underperformance" occured later in his career, not at the beginning.
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I don't recall the exact numbers (in my first book), but I believe he went into a -50% drawdown within the first 18 months of his trading in the 70s. You are not accurate on that one.
 
Fortunately, at that time, maybe he only had $10,000 of his OWN money under management. A 50% drawdown would be no big deal (page 96).
 
Following November 08 he is pretty damn close to being fully recovered from a 57% drawdown. That's not early in his career, that's now. Not saying this is for everyone, but he is someone to learn from...and he has made a bloody fortune from doing it his way.
 
Quote from BJL:

Compared to the track record of my fellow countrymen at TransTrend he looks like a wild cowboy with less respect for risk and less return to boot.
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Yes, they are up +75% in one of their programs Jan 08 through Nov 08 - obviously some of the best around.
 
Quote from Trend Following
.........some of the best around.........
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Michael, enough with the book publishing, speaking engagements and movie stuff. When are you going to launch your own fund? :cool:
 
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