Jack Hershey Method Since 2008
- Thread starter bwolinsky
- Start date
Quote from Brass:
RedDuke,
May I assume that Mr. Hershey answered your question to your satisfaction? I know I'm sold.
Look, it is very simple.......
JH's (and his followers) claims are indeed impressive. If anything, that kind of performance has not received it's just acclaim. There are people like Paul Tudor Jones who get a lot lot of recognition, but I don't believe come near to the claims of the JHM....
So just do this. Jack Schwager is doing another Market Wizards book. Contact him. Inform him that there is a trader that can make his previous interviews pale in comparison. Point him to the posts on ET, Trader's Laboratory, Trade2Win, etc....
Then the JHM will get the recognition it deserves, and you can retire and post about other stuff.....
GOVERNMENT INFORMATION PROVED STANDARD METHOD PERFORMANCE!
I believe!
LOL
I wish you had done the Wordie on my orientation post for the OP.
We both lived in Fairfield county but at different times.
the Close family shared a hedge with the hershey's Glennie ws the fist gilr (babysitter) to see my son naked. He still blushes.
Getting back on topic.
I can say that ALL of my lunches at NYC big deal private clubs were a result of "connections". I never solicted a job and ALWAYS with one exception, turned down ALL job offers.
The OP has a moderator routing for him and that is great but of no value. The top three clubs (I mentioned #'s 2 and 5) in NYC where he should be eating lunch are: Links Club, Century Club and Banker's Club
His mom will have to ask round at the Cos Club.
His lack of prep schooling (NOT as a day student), then U Conn where coffin nails. All posters here have made that clear as a bell. FCC is another nail. So is learning programming. All this is clear.
The only way in is the traditional way.
He can try three Yatch clubs in this order: Indian Harbor, Larchmont and Stanford. He had to have gone to sailing school, by invitation, to one of those clubs. He had to have had a buddy or pussy there. Buddies and pussy counts because of the father and uncle factors. Think back about the Greenwich chick muder down along the private beach area next to Byram Park. The Byram Yatch Club is a no no.
He must be crewing on the class A or B boats this summer. not winning but working his ass off crewing and doing the midweek clean up for the weekend.
Worst case is he could become a porter are Manero's Steak house (but they moved away from indian harbor when the office buildings were built).
The cocktail circuit in Greenwich is the nuts. NOT IN HIS PEER GROUP. HE MUST TAG ALONG WITH HIS PARENTS EVERY WEEKEND FROM HERE ON OUT. Skip the Shakespeare festivals.
Someone at a Greenwich cocktail party (even Cos Cob) needs his NYC office waste paper basket emptied during lunch hour or a new shirt delivered for an after lunch meeting.
One last shot. There are white paper suppliers to the industry. They use data slaves. I know he has no financial knowledge or skills and he hasn't considered making money by trading using his fingers. He does have fingers and can learn to commute. He can't write he showed us. Gathering Raw data he is told to get may be his stepping stone to learn he is not going to ever be part of the financial industry.
Quote from MarketMasher:
Look, it is very simple.......
JH's (and his followers) claims are indeed impressive. If anything, that kind of performance has not received it's just acclaim. There are people like Paul Tudor Jones who get a lot lot of recognition, but I don't believe come near to the claims of the JHM....
So just do this. Jack Schwager is doing another Market Wizards book. Contact him. Inform him that there is a trader that can make his previous interviews pale in comparison. Point him to the posts on ET, Trader's Laboratory, Trade2Win, etc....
Then the JHM will get the recognition it deserves, and you can retire and post about other stuff.....
It may be that redduke is more appropriate.
Schwager deals extremely well with the CW orientation.
So far he has not approached those who are very skillful and knowledgeable as independents of the mainstream financial industry.
There are enough of these people to use Schwager's approach to book production.
They do not have a common thread except for their taking a look at the market outside of the CW and having returns way beyond the limits of credibility that Schwager beleives to be true.
There may be another common thread. Each topical person would have to have a translator and Schwager would have to hire a coauthor to fill in what the translator said.
A great example would be just thinking about how schwager would do a four chapter suite on four such traders who took the time to talk to each other about a common real time experience in front of an audience. This setting was repeated for years at TE and always the moderator folded. TE has always been just CW oriented and that set an uper bound on performance because TE used these well known vendors to draw the CW crowd.
As one of these super discussioins lifted off, the moderator got dumped simply because he could not fathom the substantive content of the discussion. Think of Schwager as a person who would be setting up a compare and contrast of four outstanding people who were able to make public how it looks to "out of the box of CW" substantive content.
Schwager would need a "technical" assistant to "package" the "scope and bounds" of each of the four. Schwager can package biographical sketches and drop in the stats. His asistant would be chatting with each person's lead programmer. In this way the strategy and methodology would be capturable. A Venn diagram could then show this "out of the CW box" Universe and make manifest the substantive commonalities that exist.
All of these four people would be written off by the judges that abound on ET. But it would be possible for schwager to work with a competent technical person to create a multi part book with say four groups of four that operate in the Universe that is home to such people.
If you look at a bullseye type venn, the market offer is the ultimate bullseye. The fringe perimeter is the CW and its limits of believability. Between these two is a zone that has not been written about. Adding sixteen wedges in four quadrants would be a new and beautiful experience for the public.
Of the CW and non CW two regions, there is only a thin border between them. Not much comes across going outward. Going outward is met by unbelievability looking inward.
Schwager could "look" beyond CW. It is not possible to consider performance beyond CW performance, ordinarily. None of the people I have worked up (think over a dozen) and have comprehensive files on can be compared and judged using the CW as a standard. Market offer has to replace the CW standard.
No academics have been able to characterize the market offer. there are no papers and no science (say NSF) via the academic community has quantified the market offer.
Schwager has a lifetime CW cut list. The public reads him and approves. There is no cloning of the cut list that spills over into the non CW regions. People do replace the bio's Schwager wrote. A lot of them die and someone replaces them.
The government place holders simply perpetuate the status quo. Congress does not understand how markets work or how to monitor market participants for misbehavior.
Today, the markets are like the "Great Westward Expansion" The bar could not be lower. Newbies think they are prospecting for gold. CW almost perfectly assures that the unknowns can creme the markets daily and at will.
I think that reduke could scope and bound what he thinks is needed to manifest a consciousness of this great unknowable.
If Schwager had a "technician translator" he might be able to document what is going on too.
It is some task to be able to make available information to those whose heritage and practices are so limited. No bridge has been built so far with one exception. It is clear that the exception (Nike statement) is not acceptable since it involves the work ethic.
This is a problem defined by a "NOW" based non work, observer only, culture.
Quote from MarketMasher:
Look, it is very simple.......
JH's (and his followers) claims are indeed impressive. If anything, that kind of performance has not received it's just acclaim. There are people like Paul Tudor Jones who get a lot lot of recognition, but I don't believe come near to the claims of the JHM....
So just do this. Jack Schwager is doing another Market Wizards book. Contact him. Inform him that there is a trader that can make his previous interviews pale in comparison. Point him to the posts on ET, Trader's Laboratory, Trade2Win, etc....
Then the JHM will get the recognition it deserves, and you can retire and post about other stuff.....
If Hershey could actually do what he claims, Jack Schwager (and every financial journalist in the world) would be camped out on Hershey's doorstep begging to interview him.
But he can't and they ain't.
Actually, Schwager doesn't really delve into the systems of the traders he interviews. And as one might suspect, the ones interviewed aren't too keen to go into details anyway.
Rather, he goes over how they got into trading, some life-story, lessons learned, etc.....
However, during the interview process, I'm sure he would allow any elaboration on method that the interviewee might happen to offer.
So after the "Life Story/Trading Story" part, he could always add an addendum.
As far as I know, he verifies trading history before inclusion in his books, to keep out the riff-raff....
Yesterday I had my FIRST DELETED POST ON ET.
I quoted jack hershey as saying 'remember it only takes 3 days to double your capital' and 'I will correct your errors. it will take you to rich and filthy rich within months'
And I couldn't decide whether to Laugh or Cry. It's a shame decent people waste their time on an obvious Fraud.