Will you buy timmay's hedge fund book?

[SiSePuede!]

Quote from TimothySykes:

LOL, I don't know why you can't understand this simple concept, but I disclose EVERYTHING in the book.

This review is by a great financial author and big-time Wall Streeter (he's an executive director at Morgan Stanely) and his review comes AFTER he's seen all the details--sorry Sisepuede, you lose.

How do I lose? I've made money in the last 4 years(quite a bit actually). You haven't, sounds like I win...not sure why you can't understand that.

Grasping at straws to make a couple bucks on some shitty book where you explain that you can't trade doesn't really seem like a winning end-game to me...but what do I know? I've only turned big profits for the last 4 years.

 

[Equalizer]

Quote from TimothySykes:

LOL, I don't know why you can't understand this simple concept, but I disclose EVERYTHING in the book.

This review is by a great financial author and big-time Wall Streeter (he's an executive director at Morgan Stanely) and his review comes AFTER he's seen all the details--sorry Sisepuede, you lose.

{threadjack}
BTW, AB was an ED at Morgan Stanley - he has now moved to AQR capital.
{/threadjack}

 

[RPMcNoogleIII]

My problem with Tim's book is that it is presumably structured as a grandiose autobiography. An American Hedge Fund sounds like a magnum opus from a financial luminary reflecting upon an illustrious career spanning decades. A professional editor might have suggested a different title and also might have suggested to keep the personal digressions to a minimum. It is doubtful that most people care what Tim's take is on the Tufts dating scene or that he is still upset that he was not made captain of his HS soccer team.

Friedfertig, Nasser, Farrell and all the other trader authors of the tech bubble kept their books mostly instructional or tried to. Meat and potatoes stuff. I don't remember even Darvas the dapper talking about collegiate pranks, etc.

Most biographies/ autobiographies are written by/ about older more established people at least in the middle of their career.

A young investor that turns a few $k into $2M in three years is news worthy as is a book on starting a hedge fund (regardless of outcome). Sorry haters.

I could be off as I have not read the book just snippets.

 

[JimmyJam]

Quote from RPMcNoogleIII:

A young investor that turns a few $k into $2M in three years is news worthy as is a book on starting a hedge fund (regardless of outcome). Sorry haters.

Damn right

JJ

 

[EPrado]

Quote from JimmyJam:

Damn right

JJ

I saw your post on surf's thread complementing his current disaster of a trade in the dow. You were kidding right? Surf is basically showing others the exact playbook on how not to trade.

As far as the "haters".....like I have said numerous times..its not his performance (which was very good yrs ago) that myself and others have a problem with...it's the fact that he is an arrogant egotistical prick who really has no reason to think he's a big shot.

 

[TudorJones]

This is the best book ever.

I bet this book will double in value within 6 months into the print.

That's a 200% annual return.

 

[Longhorns]

Quote from WallStWhizKid:

I don't see any of you creating a hedgefund or writing a book.


Tim, congrats on the book, buddy.

Wow...only 2 posts and already Tim is your "buddy".

BTW-- Any mook can start a hedge fund. Timmy's "hedge fund" is nothing more than a retail account with a few thousand from some schleps who were duped by his Nasdaq bubble success.

 

[Longhorns]

Quote from RPMcNoogleIII:

A young investor that turns a few $k into $2M in three years is news worthy as is a book on starting a hedge fund (regardless of outcome). Sorry haters.

Obviously you weren't trading in the late 90's. There were literally dozens of guys in my firm who did exactly that.

Maybe we should all write books? Unfortunately, I don't have any gripping stories about torturing my roommate, acting like a complete tool, or starting a "hedge fund" (LMAO).

 

[EPrado]

Quote from Longhorns:

Wow...only 2 posts and already Tim is your "buddy".

BTW-- Any mook can start a hedge fund. Timmy's "hedge fund" is nothing more than a retail account with a few thousand from some schleps who were duped by his Nasdaq bubble success.

You summed it all up. Tim is a retail trader ...nothing more...nothing less. I asked him a few weeks back about his "investors"...he doged that question pretty damn well.

It's obvious he isnt having any sucess trading or attempting to start a hedge fund...so he is now trying to become a sucessful writer. Dont blame him...if I had something like a 30% loss over the last 15 mos or so I would move on to another career.

 

[SiSePuede!]

Quote from RPMcNoogleIII:


A young investor that turns a few $k into $2M in three years is news worthy as is a book on starting a hedge fund (regardless of outcome). Sorry haters.

I've turned $50k into $2.4M...I don't think it's worth reading about at all.

I think it was longer than 3 years for Tim anyway, and besides that, is it still interesting if he only has a bit of it left? Seems like him not having a compound gain for the last 4 years kind of makes his previous clout as a good trader worthless.