Looks like Victor Niederhoffer blew up again

I wonder how the 2 brothers feel about each other? One is writing books on trading and in the spotlight, but keeps losing huge amounts of money. The other is rather quiet, but makes decent money year after year after year...

Maybe Vic should ask Roy what's his secret.....
 
I wonder how the 2 brothers feel about each other? One is writing books on trading and in the spotlight, but keeps losing huge amounts of money. The other is rather quiet, but makes decent money year after year after year...

Maybe Vic should ask Roy what's his secret.....

If your brother was Victor, would you kick him in the nuts every time you saw him? I would.

The guy is a narcissistic douche.
 
I wonder how the 2 brothers feel about each other? One is writing books on trading and in the spotlight, but keeps losing huge amounts of money. The other is rather quiet, but makes decent money year after year after year...

Maybe Vic should ask Roy what's his secret.....


Victor taught his younger brother Roy. Roy says this, not Victor.
 
Because you're a simpleton I will help you out. He started with less than 5MM and had to sell his silver to keep afloat. After 5Y he was still under $50MM. Do the math again.

How do you know what he started with? You have no idea. He started long before 1986 which is the period I'm talking about.
 
I wonder if he's happy or if he's carrying around a lifelong grudge because

a) he hasn't made the super-mega bucks and people of markedly less intelligence have, and,

b) now that he's an acadmic/intellectual/essayist/thinker, or whatever it is he calls himself, he's still not at the heights of "the academy" and he's probably never going to win a Nobel prize, which of course has been bestowed on many smaller minds. :D

I watched a long talk (YouTube) given by Taleb and Nobelist Daniel Kahneman, and as Taleb entered the stage, the first thing he did, and continued for the next five minutes (it seemed), was complain about the lights. Kahneman just sat there, bemused.

As for the academy part, he'll never win a Nobel Prize because he's not a prostitute, plain and simple. It has everything to do with playing the publishing/grant game correctly and getting along with the right folks...and nothing to do with truly innovative or brilliant ideas.
 
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