How great is Najarian(s)
- Thread starter stock777
- Start date
Jon's acronym on his trading floor badge was DRJ. His father is a famous surgeon in MN.
...who was embroiled in a payola scandal of sorts for a while, but I think he came out of it with his reputation intact. It was a big news story, it's probably still referenced online or in wikipedia.
lolll!
What does net worth have to do with anything? The OP is referring to trading talent. Not sales.
How much of that is from trading because that is what those two are advertising.....?
People trade to make money, and he has money. So I don't care if he can trade. He is off doing whatever he wants for cash, and milking people to buy books since he can market on cnbc. this is very smart. he should milk everyone willing to get milked for as long as possible. hire some kid to ghost write books, give them 10k, have websites, do whatever......more money less work. i used to worry about other people in this way................when I was 12. kidding, worry about whatever you want for as long as you want.
I believe he sold his biz to Citadel for $50MM, so I doubt he netted anything close to $50MM, but it was the result of his shady MMing enterprise.
Najarian was successful in an environment that was conducive to his being successful. Today he would be eaten alive. But today's quant-y market makers would probably fail on the floors of the 1980's.
In the end it doesn't matter. In finance, your net worth is your scorecard: almost independently how you achieved it.
In the end it doesn't matter. In finance, your net worth is your scorecard: almost independently how you achieved it.