Will you buy timmay's hedge fund book?
- Thread starter ghostzapper
- Start date
Never lied to any of my investors, where'd u come up with that BS accusation?
Tim, with all due respect to your efforts to write the book what you said above is kind of silly.
You are a hedge fund manager and someone whose fame is based on a big return and your future in trading is based solely on one premise: making money year in and year out.
To come on now and say that returns are not the only things that matter is a little convenient. More important to focus on education and learning? For a trader learning and improving are important, do not get me wrong, but the bottom line is make money or get out of the industry.
Your losses have forced you to find new avenues to exploit your fame and you need to be honest about that instead of a sour grapes realization that returns are not everything. T make matters worse you claim one day we will understand.
No, I do not think so. If I take huge losses I lose my clients and might have to quit this job I love which is being forced upon you. So returns matter to those who make money and wish to do so.
The person who loses the championship game or race always finds a way to rationalize it where the loss no longer matters where as before winning was the main goal.
Remember when you were on TV talking about greed to make money and be the best.
Do not wave your returns and your ranking and then when the losses kick in claim how returns are not the most important thing. That is disrespectful in a sense to what it is you do, or used to do.
Returns do matter. If you cannot make money then you get out and focus on teaching others because you can no longer do. But we all know how to lose money and it is not something to be taught. A book which teaches me how to reduce risk and manage my money wisely is more valuable since returns do matter.
In football the score matters, in business net income matters and in trading returns matter. Anything else is just being navie. When returns no longer matter, due to losses taking away all those returns, then the sour grapes come out - I never wanted those high returns to begin with, this book or TV show is more important. We are not so gullible.
Of course! You really think I would do something against my PPM? Wow, you need to read the ENTIRE book right now so we can clear up your misunderstanding of who I am.
Of course returns matters, but my point is that if you focus solely on putting up big numbers year in and year out (as I did for nearly 7 years) without taking the time to test out and research other strategies / opportunities, you are hurting yourself in the long run. This is why I say my losses, while unfortunate, have helped me understand this better. and for all my mistakes, I'm still in the game, but now much more open to other opportunities, the best of which right now is helping people better understand trading and hedge funds. Understand better now?
Where do you come from? With the condescension and better than everyone attitude. By your measure every bag-woman and pan-handler would be publishing books and spamming the web nonstop. Here let me 'inspire' you some more and see how many followers you can find here...
Summation of the entire book in less than 200 words. $20 my ass.
What a joke. It is difficult to voice objections to most of what passes as bullshit. But in your case you make it very easy to do so.
If you read the book, you'll discover that my largest investor is me. So, I did what I thought was best for me and my investors. Stop trying to position me as somebody who pissed away other people's money---I've been hurt the most from my losses, but you live you learn.
Thanx for taking several sentence out of context and ruining one of the plot lines of my book for people, I'm sure they really appreciate it. You guys are sad.