Niederhoffer & REFCO

Quote from PuffyGums:


(PS. The guy is trying to impersonate Vic. The tell is that there is too much obvious info in the personal section.)
Hmmm...could be...

That crazy D. Badboy at it again?!!!

EiteTrader - sometimes useful, never boring! :D
 
<a href="http://www.elitetrader.com/vb/showthread.php?threadid=57948">October's hedge fund losses</a>...no, this or things like this couldn't have anything to do with Refco's debts...
 
Quote from aPismoClam:

back to refco, ok?

what's the latest -- who's the in the lead in the bidding?


i believe dubai group will end up winning the bid. IB just cant compete with dubai's capital base.

surfer
 
According to MAR, Niederhoffer's Matador Fund was #2 for the 3 years ended Sept. 30, 2005 adjusted by Sharpe Ratio. Over those 3 years, Matador returned 282%. Nobody else on the top #10 of that ranking comes close -- the nearest was Fort LP with 72.66%.

Meriwether's fund isn't among the top 10 on that list.

Quote from Pabst:

I can't help but contrast the fortunes of John Meriwether and Vic. While JWM Partners "only" returns about 15% per annum they have raised over one billion dollars. Niederhoffer has garnered substantially higher returns than JWM yet he's trading with about 1/6th the capital of the former LTCM partners.

It would thus appear investers feel that despite LTCM's 1998 blow up, Meriwether & Co can achieve solid returns with less risk than Vic.

Surfer. Is a strategy like Vics, selling puts, not a quasi- trend following strategy? Does he not get SMOKED on hard market declines?
 
Profturf / Vic: This is hilarious! Apparently you're outed (sort of). Seriously, I enjoyed your book -- Practical Speuclator -- though some of the sports analogies to trading went over my head, and so did some of the werider coorelation between markets and non-market stuff.
 
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