List of 5 Traders Worth Studying
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IMO, Zanger did it right. Made enough money to really enjoy life, and now he's doing just that, enjoying life. From the blurb on him, my bet is he dabbles enough now to keep his interest in the market satisfied but not enough to risk his capital for living the good life.
Personally, I don't get it when someone rises to be worth billions and billions and still doesn't seem to do what they need to do to be happy. Money should be a tool, not its own goal.
Guess it's the Peter Principle at work for most people. Why stop when you're ahead, if you keep going eventually you'll find something that you're not good at and remains a challenge
Human nature stinks sometimes.
Personally, I don't get it when someone rises to be worth billions and billions and still doesn't seem to do what they need to do to be happy. Money should be a tool, not its own goal.
Guess it's the Peter Principle at work for most people. Why stop when you're ahead, if you keep going eventually you'll find something that you're not good at and remains a challenge
Human nature stinks sometimes.Who am I to say making 20mil trading naz stocks in late 1990s isn't talented...but Zanger is not in the other guys' league. Period.
Next thing your going to tell me is Timothy Sykes should be in the top 5 or ten because <i>he</i> made some money in the late 1990s... AAAAAAAAAAHHHHHHHH HHHHHHHHHAAAAAAAAAAAAAHHHHHHHHHH thats funny. Tim is a god damn joke! What a hack!
Anyways I digress...Good going for Zanger-I haven't made 20 mil quite yet, but he's no Soros, Rogers, or Kovner.
Out.
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check out www.fogcityfutures.com
Next thing your going to tell me is Timothy Sykes should be in the top 5 or ten because <i>he</i> made some money in the late 1990s... AAAAAAAAAAHHHHHHHH HHHHHHHHHAAAAAAAAAAAAAHHHHHHHHHH thats funny. Tim is a god damn joke! What a hack!
Anyways I digress...Good going for Zanger-I haven't made 20 mil quite yet, but he's no Soros, Rogers, or Kovner.
Out.
---------------------------------------------------------------------------------
check out www.fogcityfutures.com
I'm curious about Rogers net worth, it must be more than a $150 million.
He "retired" with $10 or $15 mil in 1980. Or, so the story goes. Since then, you can look through his books and interviews for a glimpse of his record. It isn't perfect, but you figure, even $8 mil at 12% for 28 years, that's $160 mil.
Commodities, FNM, C, the financials this year, he must have made a $100 mil. Who knows. It could have been hundreds of millions. Those were monster shorts.
He sold his house for $15 mil.
If this commodity bull market last another 5-10 years, he must become a billionaire eventually. Make the Forbes list.
He "retired" with $10 or $15 mil in 1980. Or, so the story goes. Since then, you can look through his books and interviews for a glimpse of his record. It isn't perfect, but you figure, even $8 mil at 12% for 28 years, that's $160 mil.
Commodities, FNM, C, the financials this year, he must have made a $100 mil. Who knows. It could have been hundreds of millions. Those were monster shorts.
He sold his house for $15 mil.
If this commodity bull market last another 5-10 years, he must become a billionaire eventually. Make the Forbes list.
Yes, and he wrote the best books about trading.
Quote from Susannah:
IMO, Zanger did it right. Made enough money to really enjoy life, and now he's doing just that, enjoying life. From the blurb on him, my bet is he dabbles enough now to keep his interest in the market satisfied but not enough to risk his capital for living the good life.
Personally, I don't get it when someone rises to be worth billions and billions and still doesn't seem to do what they need to do to be happy. Money should be a tool, not its own goal.
Guess it's the Peter Principle at work for most people. Why stop when you're ahead, if you keep going eventually you'll find something that you're not good at and remains a challenge
Maybe Dan Zanger just LOVE to trade - and write newsletters? So why should he stop?