Quote from jem:
hey a rare compliment thanks I wrote that a long time ago.
By the way, I was friends with his son Robert through trading and for a while and I knew Van pretty well and conversed with some of the guys in his group. Like D.R. (sp).
Van does trade. In fact he has set up some models in his newsletter.
However, if you speak he had a excellent understanding of what makes some traders successful. He answered a few of my esoteric questions so succinctly he saved me years of work.
I am rarely complimentary of vendors because most are full of it. I have no idea if Van can make you profitable but I do know he is bright and worked with some of the brightest.
I suspect the entire expectancy thing was from seykota.
I do not think its coincidence that Vans book came out just before the explosion of hedgefunds. He unlocked some secrets for every quant with a computer model. You add that to vol pumping and you got billionaires.
Would I spend a lot of money on his training. I do not know - I think his book has all you need till you are making money consistently and then maybe you consult with him on portfolio heat.
