Sad to see RagingBull getting into so much legal trouble. I was finding the theatrics entertaining. Also a shame that Petra Hess left the circus-show. It's not every day you get to attend a lecture by a convicted felon.
Fake gurus?
- Thread starter andrianov
- Start date
Totally agree i even enjoyed their ads. "Sleep, eat and trade!" Private jets, nice suits...
If only Victor Niederhoffer had taken trading lessons from Jason Bond (and followed his THREE basic trading patterns), Victor would not have blown up his own hedge fund. Twice!
I guess it was the $4k a year subscription plan to RagingBull that was too much to chew. Well, great investing advice comes at... high prices ehh?
While on that topic... I remember a short while back David Jaffee got into some dispute with a daytrader guru... I am not sure if he received a cease & desist threat or not at that point... but Jaffee had mentioned he was HOPING he could get sued so that while in litigation with him, he could subpoena for proof of the trading statements.
Haha!
Would love to see that!
I guess it was the $4k a year subscription plan to RagingBull that was too much to chew. Well, great investing advice comes at... high prices ehh?
While on that topic... I remember a short while back David Jaffee got into some dispute with a daytrader guru... I am not sure if he received a cease & desist threat or not at that point... but Jaffee had mentioned he was HOPING he could get sued so that while in litigation with him, he could subpoena for proof of the trading statements.
Haha!
Would love to see that!
as soon as "theatrics" and "entertaining" is the main focus, you know you are in BS territory
successful investing is boring, involves patience and methodology and a full dose of silly "disclaimers" and compliance guidelines that will scare off any passionate learner, just to protect your ass
100% Agree. The markets are so scalable anyone with true alpha would just size up (over time ofc) and not bother with the relatively small sums involved in collecting sub fees or 4k courses. Funny thing is how unwilling any of them are to provide an audited track record when this is the ONE thing that would go in their favour in proving themselves.. if they were legit of course.
As word had slowly got out of Petra's fraudulent background, I was waiting for her last year to have to bail that shit-show. The last I remember is reading her vague statement of "It's finally come time to move on"... no reason given that I remember. To be honest, I even had suspected that Bishop was going to force her out months beforehand, due to her presence drawing more suspicions to the group.
In any case, it turned out to be the best thing for her. And talk about in the nick of time! Now she probably won't even have to worry about yet any further subpoenas. Not like she doesn't have enough litigation experience behind her fraudulent career with the Canadian authorities already!
In any case, it turned out to be the best thing for her. And talk about in the nick of time! Now she probably won't even have to worry about yet any further subpoenas. Not like she doesn't have enough litigation experience behind her fraudulent career with the Canadian authorities already!