Truth spoken. Also be mindful of Ego.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.
Man, now she is going to be pm-stalked by every Prader-Willi on et.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....![]()
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?
Quote from marketsurfer:
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-- he has become exceedingly wealthy and is able to live his life his way and in his style. ..................
surf

True. But farting can achieve a result of equal distinction. Whatever form it may take, bad taste remains bad taste.Quote from annaland:
...From those things you can not ascertain anything about VN besides his ability to stand out in a crowd.
Quote from annaland:
Those with the same discipline, stamina and intellect will critique VNâs 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.
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.