Niederhoffer In Trouble..... Again !!

[cvds16]

yes, education of a speculator clearly oozes humility, NOT !

 

[cvds16]

or selling puts like there is no tomorrow is clearly not a sign of hubris, ROFL.

 

[cosmokramer]

Quote from zdreg:

why the continued fascination with an individual who has blown out his clients twice and still has a valuable house and seems to have many friends?
the subject is probably worthy of another thread because he still has many friends. perhaps it should be under psychology.

Name another person who has produced a dozen plus billion dollar fund managers who give credit to the person for training them how to trade?? Perhaps if you would start learning from those who are truly succesful, despite the obvious losses, you would start to make progress.

The above is just one aspect of what can be learned from VN. He is truly the greatest living speculator alive today.

CkY

 

[cosmokramer]

Quote from Gabfly1:

Didn't VN continue to boast that he was the greatest trader of all time even after his first "humbling" or two?

When did VN say this? Others have said it about him, but I don't think he ever "boasted" this statement.

 

[Gabfly1]

Quote from cosmokramer:

When did VN say this? Others have said it about him, but I don't think he ever "boasted" this statement.

You're kidding, right? Surf, that is you, isn't it?

 

[cosmokramer]

Quote from Gabfly1:

You're kidding, right? Surf, that is you, isn't it?

Stop obfuscating the issue and retract your lie if you cant post the source.

once again,

When did VN say this? Others have said it about him, but I don't think he ever "boasted" this statement.

CkY

 

[Rodney King]

Quote from cosmokramer:

When did VN say this?

Here's a verifiable quote - from the Preface to Education of a Speculator:

"At the other end of the spectrum of wealth, trading expertise, and hands-on parenthood from my dad, my counter theme will be the lessons I learned from my friend, George Soros, starting in 1981... George is, by popular consensus the greatest speculator in history."

 

[hughb]

Quote from nokomisjeff:

cyds, before I relegate you down the toilet in the ignore column, I would speculate that the person you call a loser makes more money than you do, always has, and always will. He also has the class to not kick someone when they're down. When you have lost it all, you develop a humility....obviously you have never lost it all.....probably have never traded either, as you spend too much time on stupid message boards with 1442 posts.

Thought you were a "friend" of Vic? If so, you know damb good and well he kicks people when they are down. Remember all those traders he referred to as hoodoos? Looks like he became one himself. More than once.

That definitely ~is~ the funniest thing about Vic. Making fun of traders who blew out.

 

[Pekelo]

Since I like a good challenge and there is this thingy called the internet at my hands....

Quote from cosmokramer:

When did VN say this? Others have said it about him, but I don't think he ever "boasted" this statement.

2006 May 31 Bloomberg interview:

"``The ridiculous thing, in all candor, is that I think I've had the greatest run of success in the history of speculation,'' Niederhoffer says."

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOnekV3748wc

P.S.: Maybe he meant he was the luckiest...

 

[Gabfly1]

Quote from Pekelo:

...P.S.: Maybe he meant he was the luckiest...

No. That would suggest humility.