Looks like Victor Niederhoffer blew up again

VictorBustoAgain said:
I didn't know Victor had Twitter, but if he admitted to being "drubbed" that is a good sign. I guess it is time to start over again, Victor.

Check out this white noise nonsense from 2006. Total white noise, and delusional crap. Check out the name of his daughter's book...The Taxonomy of Barnacles...lol. That is just brutal.
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Who cares? So he's eccentric. He's not taking any food off your plate. I simply take issue with the revisionist BS.
 
Butterball said:
Not even Niederhoffer is dumb enough to blow up with $VIX sub 20s. I'd give it some credence with a spike >40.
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Exactly. I call BS on the OP's reporting. 2 reasons:

1. The poster is a 2 posts wunderkind, so no instant credibility as an old timer would have.

2. There just hasn't been any big move in the market that would have taken out a put seller. Had there been a 10% sudden move, different case....

All that said, anything can happen but I would give a 95% chance that VN is just fine..... And 5% that he has been shorting hogs... :)
 
Pekelo said:
Exactly. I call BS on the OP's reporting. 2 reasons:

1. The poster is a 2 posts wunderkind, so no instant credibility as an old timer would have.

2. There just hasn't been any big move in the market that would have taken out a put seller. Had there been a 10% sudden move, different case....

All that said, anything can happen but I would give a 95% chance that VN is just fine..... And 5% that he has been shorting hogs... :)
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Didn't Victor confirm that he blew up. If Victor has a Twitter and he mentioned being "drubbed" last week, it sounds true. What are the odds that a "drubbing" is just a minor loss? The guy posted on his idiot site straight through his total wipeout in 2007 and even had one of those idiot Junto meetings right when the ship was going down and there was no hope to recover. The guy seems to be so out of touch with reality that he can ruin investors lives and you wouldn't even know it. The guy can do a book review and post it on his moron site during the biggest disaster of his life..lol.

I mean, he has no shame (and no clue). He says over and over again that those who take the biggest risks are the ones who can get the biggest gains, and he trashes Buffett every chance he gets. Buffett has taken less risk than anyone. Victor searches out high risk situations. That is his M.O. He is basically a fool.
 
I take issue with your "ruining investors lives". As you say yourself no one is more open about risk than VN. Furthermore, primarily institutional investors who conduct massive DD prior to investing. VN's fund could have been used for hedging other accounts, speculation, or even shooting for the stars in returns. These are not mom pop investors with their last dimes--- why do you suggest such things? It not only shows your ignorance, it's completely false.
 
helmholtz said:
Did you loose your money in one of Vic's funds? What other reason for thus obsessive behavior, miss ?

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Out of curiosity does the Miss trades as well ?
If not, then that could explain the "obsessive behavior" from the Miss.
 
Serious question. How does he eat? I mean, like, where does he come up with even $20 to go to the movies? Does his brother give him an allowance each month?

The guy destroyed every known bankroll he ever had. Where does he get money for the upkeep on the house? He has shown a strong aversion to real work. In fact, I'm not sure he put in a single day of work in his whole life. Just academic nonsense and gambling other people's money.

This guy is the biggest joke in investing/speculating history. The only other guy I can think of who is a bigger loser is that Donald Luskin guy. I would put Paul Krugman in there, but he is just no factor economist. The one thing they all have in common is that they just FLAT OUT refuse to ever work a regular job for even one day in their lives. We are talking about 200 combined years for these three, and I don't think they ever delivered a pizza or mowed a lawn...lol. What chumps and losers.
 
VictorBustoAgain said:
Serious question. How does he eat? I mean, like, where does he come up with even $20 to go to the movies? Does his brother give him an allowance each month?

The guy destroyed every known bankroll he ever had. Where does he get money for the upkeep on the house? He has shown a strong aversion to real work. In fact, I'm not sure he put in a single day of work in his whole life. Just academic nonsense and gambling other people's money.

This guy is the biggest joke in investing/speculating history. The only other guy I can think of who is a bigger loser is that Donald Luskin guy. I would put Paul Krugman in there, but he is just no factor economist. The one thing they all have in common is that they just FLAT OUT refuse to ever work a regular job for even one day in their lives. We are talking about 200 combined years for these three, and I don't think they ever delivered a pizza or mowed a lawn...lol. What chumps and losers.
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Something is obviously going on.

Has anybody lost money with the guy?
 
VictorBustoAgain said:
Didn't Victor confirm that he blew up. If Victor has a Twitter and he mentioned being "drubbed" last week, it sounds true.
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Since when drubbing and blown up are synonyms*? If we take his beaver analogy, it could mean he lost all this year's gains, could be a decent loss, but definitely not a blown up... There is a difference between decent loss, big loss and blown up....

*And since we are getting into definitions:

synonym: a word having the same or nearly the same meaning as another in the language,
 
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