John W. Henry to Stop Managing Client Money

The idea of trend following is that you have a (backtested) long term statistical advantage. "Long term" means, almost by definition, that there will be periods, often extended ones, during which it doesn't do very well.

If if hasn't rained in a long time, is umbrella manufacturing finished?
 
Quote from etile:

lmao. the guy is owner to 2 multi-billion dollar sports organizations are you're giving him flak????


only on ET.


since assets peak his performance was negative.

most probably he lost more total money for investors than he made.

he might be the owner of 15 burj dubai, it won't change the fact that he did not add value to investors pockets. BAD BAD VERY BAD manager.

on a trading hall of fame he should be placed below the floor.
 
Quote from DT-waw:

adapt or die.
having over $1B and not investing money into research of new tradng methods?

super ignorant and hyper foolish

any affiliation with DE Shaw & Co. ?
 
The market naturally wants to drop and drop big because there is no demand. The Fed won't let the market drop at all cost with QE infinity. So the market is just stagnant and rising slowly and moving artificially based on the Fed's moves. Then you have the HFT driving prices up and down in unsustained short term moves.
 
Quote from JB3:

The market naturally wants to drop and drop big because there is no demand. The Fed won't let the market drop at all cost with QE infinity. So the market is just stagnant and rising slowly and moving artificially based on the Fed's moves. Then you have the HFT driving prices up and down in unsustained short term moves.

And this situation is going to go on forever, right? :)
 
Surely it would be logical to have the crash now, just after the Socialist-In-Chief's reelection? He's got four years to play with.
 
Quote from Ash1972:

Stick to that strategy buddy and you'll be wiped out in the next few years.
not wiped out, it's all cash, no margin, I went 50/50 bonds/stocks in 2000 and due to a timely divorce had to liquidate 2007. up well over 1000% since 1988.

I know damn well I'll have to go 100% cash here pretty soon

but I have a lot of margin for error

at anyrate, not sure why anybody is complaining if they have just been long

but then again, I don't pay 2 and 20
 
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