The Complete TurtleTrader - "Memo" to Cut Back

Status
Not open for further replies.
Quote from Reaver:

As mentioned in the post you quoted...that is just my opinion. I personally find that less than interesting.

That's cool.
 
Quote from Spectre2007:

hows Rich doing these days, only media link is this interview as of late..

http://traderscom.stores.yahoo.net/stcov234inri.html

That's the most recent thing I've seen on Dennis in a long time. The last was in September of 2000 when he shut his fund down again. I wonder if the investors sued him again like they did after he closed down in 1988? anybody know? He seemed very bitter about getting sued.
 
Quote from Trend Following:

Where is that? Your picture?
turtle05-1.jpg
 
I was in that fund, I did not get any notice of class action.

But, I scaled out of his fund and therefore was net profitable.

He had a big drawdown then a very quick recovery. I took my profits out. Then watched the remainder of my account get crushed in just a few months.
 
Quote from jem:

I was in that fund, I did not get any notice of class action.

But, I scaled out of his fund and therefore was net profitable.

He had a big drawdown then a very quick recovery. I took my profits out. Then watched the remainder of my account get crushed in just a few months.

He had at least (3) separate DDs managing client money that ended bad. Which period are you referring to? 83, 88 or 00?
 
Quote from Spectre2007:
hows Rich doing these days, only media link is this interview as of late..
http://traderscom.stores.yahoo.net/stcov234inri.html
A supplement to the 11/2007 issue of "Futures" magazine, entitled Agents of Change, has an article about Richard Dennis that appears to have fairly recent quotes. This is one I found interesting:

Dennis says trend following is more difficult today and the struggles of trend followers are not simply due to cycles but to a fundamental change in the markets. "Something has changed. There is certainly more efficiency. I think trend following is harder, it had to get that way because the more people do it, the more that the opportunities are arbitraged out," he says.

[rwk]
 
Quote from rwk:

A supplement to the 11/2007 issue of "Futures" magazine, entitled Agents of Change, has an article about Richard Dennis that appears to have fairly recent quotes. This is one I found interesting:

Dennis says trend following is more difficult today and the struggles of trend followers are not simply due to cycles but to a fundamental change in the markets. "Something has changed. There is certainly more efficiency. I think trend following is harder, it had to get that way because the more people do it, the more that the opportunities are arbitraged out," he says.

[rwk]

Good point. He has made similar statements over the course of his career.
 
Status
Not open for further replies.
Back
Top