Looks like Victor Niederhoffer blew up again

JesseJamesFinn said:
In this environment, somebody is going to fund him again. I know people who blew up ten times! Ten Times and they get funded again, last time this clown maxed (a Yahoo IM Friend, not Victor) out all of his credit cards for cash-advances. Victor is a financial Zombie, their impossible to kill off!
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" I know people who blew up ten times! Ten Times and they get funded again, "

by their parents, their girlfriends? can anybody explain why losers get funded repeatedly. this subject is probably worthy of a thread .
 
“" I know people who blew up ten times! Ten Times and they get funded again, "

by their parents, their girlfriends? can anybody explain why losers get funded repeatedly. this subject is probably worthy of a thread”


Zeg, his wife, mistress, brothers and sisters, Mom and Dad, Aunts and Uncles and other friends who believed anyone who drives a Mercedes CLS must know a secret everyone else don’t. He called me a month ago asking if I would fund his Trading Account, after losing his two rentals, paid off house and bankruptcy; I said “I am not in a position to chase your style of investment choices”. I know he sold his skills again because I saw him online promoting some Penny Stocks and he had a boat load full!

"
 
The few VN quotes I've read (including the alleged post on this thread) scream "mental illness". I'll grant that they may not accurately represent his true point of view, but on the off chance that they do . . . wow. That's one scrambled brain. All kinds of ephemeral fluff masquerading as fact. No wonder he blows up.
 
While VN is losing his behind, George Soro's is making the biggest bet against the British Pound, how come VN did not join Soros in this trade? In his book, VN said he was close to George Soros, VN managed some of the money from one of George Soros funds, did he not? During the 1990s small traders tried to get our hands on any advice the Giants might offer or discover what they were doing. Do you remember the professionals like Julian Robertson, Stanley Druckenmiller, Dr. John Meriweather (Long-Term Capital) and Mr Soros and others I can't recall now.


The question is, where did VN go wrong, did he regress and battles with emotional problems, VN could have made it, what happened to him? The guys he dined with, his peers made it over the hump, Soros is still kicking ass. Last year I read George Soros joined the "Battle of the Titans" against William Ackman on Herbalife, the Old Geezers schooling Bill Ackman.


Did something change in the Financial Markets in the late 1990s that destroyed VN and other Great's trading style?
 
JesseJamesFinn said:
While VN is losing his behind, George Soro's is making the biggest bet against the British Pound, how come VN did not join Soros in this trade? In his book, VN said he was close to George Soros, VN managed some of the money from one of George Soros funds, did he not? During the 1990s small traders tried to get our hands on any advice the Giants might offer or discover what they were doing. Do you remember the professionals like Julian Robertson, Stanley Druckenmiller, Dr. John Meriweather (Long-Term Capital) and Mr Soros and others I can't recall now.


The question is, where did VN go wrong, did he regress and battles with emotional problems, VN could have made it, what happened to him? The guys he dined with, his peers made it over the hump, Soros is still kicking ass. Last year I read George Soros joined the "Battle of the Titans" against William Ackman on Herbalife, the Old Geezers schooling Bill Ackman.


Did something change in the Financial Markets in the late 1990s that destroyed VN and other Great's trading style?
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Perhaps his trading style was never great and he was fooled by randomness™?
 
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