neiderhoffer

Quote from NTB:

If you were a Martian looking down from outerspace upon Wall St. and the hedge fund world, you would be thinking, "I don't understand this, people give you their money, you are free to make bets with it, if you win, you keep a nice % of the profits and get rich beyond belief, if you lose, you apologize and get to try all over again. In fact, if you make money even for just one year, you keep a nice % of it-and get rich. Even if you lose the following year you don't have to give back your % of the winnings from previous years. Why isn't everyone rolling the dice as hard as possible with the greatest chance for personal success- at least near-term success? Seems like the market usually goes up and option selling usually works. Duh. These stupid hedge fund manager earthlings really can't see the forest through the trees. Only Brian Hunter got it. VN is learning but he's no Brian Hunter just yet. I thought these guys were supposed to be bright? Conscience? What's that? Doesn't exist on Mars and I didn't think it exists on Wall St." There's a greater game going on here. Think outside the box.
Truth spoken. Also be mindful of Ego.
 
Quote from Maverick74:

Steve, fwiw, not that Surf needs me defending him, but I assure you, Anna is very real. I met her in NY. And I have to say, she is quite a number. Smokin....:)
Man, now she is going to be pm-stalked by every Prader-Willi on et.

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Edit: Too late, it's already started.

Quote from annaland:

Thanks Maverick, that's very nice of you!
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Quote from Nashequilibrium:


Pic!! Pic!! Pic!!
 
Quote from Thunderdog:

Oh, yeah, like I'm going to refer to him as the good doctor. Wait for it.

Look, the guy is screaming for attention. I am merely hearing those blood-curdling screams. You "extrapolate" incorrectly. Standing out for its own sake is like having a spoiler on a Pinto. Are we supposed to ignore his lime suits? He certainly doesn't wear them to be ignored. "Look at me! Look at me! Look at me!" Not surprisingly, you also seem to revel in any kind of attention that you can muster up. The point is that I find such behavior laughable, and so I respond accordingly. I am judging what he consciously and intentionally presents to the world for our consumption. In the normal course, substance is rarely so colorful. And I didn't think that the antidote to a "corporate cubicle loser style" is a pastel colored double knit leisure suit. Is that what you "stand for?"

As for his trading, those far more knowledgeable than I have already made interesting observations. I won't pretend to understand the nuances of options trading (and neither should you) since I don't trade them. However, I understand conceptually what most agree is his modus operandi and, suffice it to say, I would rather keep the little money that I have in a shoe box.

Surfer, why is it that you repeatedly remind me of Smithers, Mr. Burns's assistant on The Simpsons?


I think I understand the reasoning behind surf’s hostile response to your previous statement. In case you don’t, let me elaborate.
This was my exact point when I stated that most people who are unconstructively criticizing him are basing their paradigm of VN-knowledge on what the media presents them with. The fact that he dresses a certain way, chooses to name his children with creative names, does things that are not the norm says NOTHING about his character. You were right that it does say he craves attention, but again that alone says nothing about his character as well. From those things you can not ascertain anything about VN besides his ability to stand out in a crowd.
 
Quote from marketsurfer:

....................
-- he has become exceedingly wealthy and is able to live his life his way and in his style. ..................

surf

ms,

When a man of character (for example, Warren Buffett) becomes rich, his fellow investors become rich with him. When a person of VN's persuasion becomes wealthy, his investors generally lose every penny they entrusted him with.

I truly doubt that your self-promoting mental outlook allows you to register such qualitative distinctions.:)
 
Quote from uptik2000:

Very nice.
And to keep the analogy going, marketsurfer is Annette from the movie Saturday Night Fever. Desperate for Tony's attention, she'll even submit herself to a gangbang in the backseat.
Oh, shit:p
 
Quote from annaland:

...From those things you can not ascertain anything about VN besides his ability to stand out in a crowd.
True. But farting can achieve a result of equal distinction. Whatever form it may take, bad taste remains bad taste.

As for his trading, from what I understand of those who know far more than I do, it does not appear that Mr. Niederhoffer trades other people's money with their best interests in mind.
 
Quote from steve46:

No more bizarre than posing as a woman....:p

....

Steve

Steve, speaking of posers, have you started a fund yet for your relatives who supposedly died on September 11th, 2001?
 
Quote from annaland:

Those with the same discipline, stamina and intellect will critique VN’s work, skills, etc. based on a solid ground of knowledge of the inner workings of Niederhoffer. Those who are unconstructively criticizing him and making judgment calls on his character are likely ones who do not come from the same education.


You've got to be kidding me. Or maybe those who do not come from the same education, e.g., marketsurfer, attach mythological importance to it.
 
Quote from basis:

Taleb's first book is THE book for practicioners.

... I enjoyed Taleb's first book, and have lent my copy to others now and again, along with a positive recommendation, but it isn't correct to say it's the or even among the top books for practicioners. From the various shrewd, wealthy options mm's I've known over the years, the book gets mixed reviews. Most consider it a divertissement, not a book you'd give a young trader who needs to learn what time it is.
 
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