Experienced Portfolio Managers only

[algofy]

Some of these people were still posting here with large followings up until recently.

What happened recently for their following to drop?

 

[ElSegundo]

What happened recently for their following to drop?

No idea why they left-- Likely finally exposed as marketing personel rather than traders----Or failed traders using outdated junk science methods designed to appeal to you despite not being effective.

 

[speedo]

Similar to using drones to count cars in store parking lots for the retail numbers.

The "lone wolf" trader metaphor is a myth. Progress comes from collaboration not from mad geniuses toiling away using charts to discern the future. History has proven this time and time again, why some don't get it is a mystery.

It's evidently a mystery to you.

 

[ElSegundo]

It's evidently a mystery to you.

I have been asking for 20 years for evidence-- NOTHING. So, Ill ask you-- prove it. Even though I know you can not.

 

[speedo]

Yeah, traders love to show their P&L to knucklehead trolls

 

[Zodiac4u]

Fuck those guys. How many hours you put in a week? Personally, I would rather trade the open from my basement for a couple hours a day and not look at anyone. If you know your shit and adequately capitalized, you can pull in six figures without a problem. I go to the gym, or jog along the lakefront. I'd rather have my time than make 7 figures.

Spoken like a true lone wolf.

We are what we repeatedly do. Excellence then, is not an act, but a habit.
-Aristotle

 

[NeoTrader]

Similar to using drones to count cars in store parking lots for the retail numbers.

The "lone wolf" trader metaphor is a myth. Progress comes from collaboration not from mad geniuses toiling away using charts to discern the future. History has proven this time and time again, why some don't get it is a mystery.

"What do you mean?" "Just that: have you ever known a board to do anything at all?" "Well, they seem to exist and function." "Do they? You know, there was a time when everyone thought it self-evident that the earth was flat. It would be entertaining to speculate upon the nature and causes of humanity’s illusions. I’ll write a book about it some day. It won’t be popular. I’ll have a chapter on boards of directors. You see, they don’t exist." "I’d like to believe you, but what’s the gag?" "No, you wouldn’t like to believe me. The causes of illusions are not pretty to discover. They’re either vicious or tragic. This one is both. Mainly vicious. And it’s not a gag. But we won’t go into that now. All I mean is that a board of directors is one or two ambitious men--and a lot of ballast. I mean that groups of men are vacuums. Great big empty nothings. They say we can’t visualize a total nothing. Hell, sit at any committee meeting. The point is only who chooses to fill that nothing. It’s a tough battle. The toughest. It’s simple enough to fight any enemy, so long as he’s there to be fought. But when he isn’t..."

The Fountainhead - Ayn Rand

 

[profitlocker]

Progress comes from collaboration not from mad geniuses toiling away using charts to discern the future. History has proven this time and time again, why some don't get it is a mystery.

This mad genius collaborated with himself to solve a 100+ year old math problem. Your history and mystery theories are flawed.

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/01/AR2010070106247.html

 

[ElSegundo]

This mad genius collaborated with himself to solve a 100+ year old math problem. Your history and mystery theories are flawed.

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/01/AR2010070106247.html

Solving a math problem is different, but that is still an outlier. There are reasons geniuses like jim simons collaborate with others----

Trading needs capital, brains, and talent. Its would be extremely rare to have all 3 in one person. Not impossible, but i have never seen it.

 

[ElSegundo]

"What do you mean?" "Just that: have you ever known a board to do anything at all?" "Well, they seem to exist and function." "Do they? You know, there was a time when everyone thought it self-evident that the earth was flat. It would be entertaining to speculate upon the nature and causes of humanity’s illusions. I’ll write a book about it some day. It won’t be popular. I’ll have a chapter on boards of directors. You see, they don’t exist." "I’d like to believe you, but what’s the gag?" "No, you wouldn’t like to believe me. The causes of illusions are not pretty to discover. They’re either vicious or tragic. This one is both. Mainly vicious. And it’s not a gag. But we won’t go into that now. All I mean is that a board of directors is one or two ambitious men--and a lot of ballast. I mean that groups of men are vacuums. Great big empty nothings. They say we can’t visualize a total nothing. Hell, sit at any committee meeting. The point is only who chooses to fill that nothing. It’s a tough battle. The toughest. It’s simple enough to fight any enemy, so long as he’s there to be fought. But when he isn’t..."

The Fountainhead - Ayn Rand

Ayn Rand is great, but some of her reasoning is flawed. Like the above.