John Meriwether Set to Open New Hedge Fund (Again) after 2 Failures
- Thread starter Banjo
- Start date
So, he's "learned" from prior failures? Doubt it. (I'm not sure it's a matter of "learning", but more of "psycho makeup".)
Psychologically, he's likely still prone to "making a big play AND violating stop discipline" at some point... same result.
Psychologically, he's likely still prone to "making a big play AND violating stop discipline" at some point... same result.
He should team up with Vic Neiderhoffer!
More than Victor Niederhoffer??
Ah.. WG, beat me to the punch you dog...
Doesn't that argue for the stupidity of buyers?
"Life is hard. Harder if you're stupid" -- John Wayne
He is my Hero! Never give up, never surrender!
"The fund is expected use the same strategy as both LTCM and JWM to make money: so-called relative value arbitrage, a quantitative investment strategy Mr Meriwether pioneered when he led the hugely successful bond arbitrage group at Salomon Brothers in the 1980s."
Seriously, as long as idiots give you money, which one of us would deny such a request?
"The fund is expected use the same strategy as both LTCM and JWM to make money: so-called relative value arbitrage, a quantitative investment strategy Mr Meriwether pioneered when he led the hugely successful bond arbitrage group at Salomon Brothers in the 1980s."
Seriously, as long as idiots give you money, which one of us would deny such a request?