So true. Readers need full disclosure or else don't publish it.
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Will you buy timmay's hedge fund book?
- Thread starter ghostzapper
- Start date
So true. Readers need full disclosure or else don't publish it.
I read most of it and came to the conclusion I thought I would. While Tim is very honest, the story is kinda boring with nothing earth shattering in it. It's basically a journal of Tim's life. I can see why he is fading out of trading/hedge fund biz...he seems way too emotional, which clouds his judgement.
The stories of partying/drinking are really no different than most other college kids.
The people who compared it to Livermore's book are loco.
The book isnt bad...just really not that interesting/exciting.
Sorry Tim....am being honest here.
The stories of partying/drinking are really no different than most other college kids.
The people who compared it to Livermore's book are loco.
The book isnt bad...just really not that interesting/exciting.
Sorry Tim....am being honest here.
Quote from EPrado:
I read most of it and came to the conclusion I thought I would. While Tim is very honest, the story is kinda boring with nothing earth shattering in it. It's basically a journal of Tim's life. I can see why he is fading out of trading/hedge fund biz...he seems way too emotional, which clouds his judgement.
Sorry Tim....am being honest here.
No problem at least you're being honest. Thank you!
Quote from SteelyDan:
Your mistakes are pretty blatant throughout the book and I highly doubt that your mistakes would be repeated by any other "hedge fund" manager, or by ET members.
So, this book thing is boring to me, and these are my final comments about it....
Hahaha 'highly doubt your mistakes are repeated by other managers and ET traders'. Wow, everyone must be a damn good trader then! That's the most ridiculous comment of all-time. You're truly certifiable! Everybody makes these mistakes (and more), it's just that nobody details them like I have.
Quote from EPrado:
I read most of it and came to the conclusion I thought I would. While Tim is very honest, the story is kinda boring with nothing earth shattering in it. It's basically a journal of Tim's life. I can see why he is fading out of trading/hedge fund biz...he seems way too emotional, which clouds his judgement.
The stories of partying/drinking are really no different than most other college kids.
The people who compared it to Livermore's book are loco.
The book isnt bad...just really not that interesting/exciting.
Sorry Tim....am being honest here.
I have to say that the reason I purchased the book was to see if Tim's many haters were right or full of it. I finished the book in 2 days flat, not because there weren't many details, but because IT'S THE MOST EXCITING FINANCIAL BOOK I'VE EVER READ. I know that sounds a little over the top, but it's the truth. Tim's haters definitely did not read the book because it's not boring in the least.
We see how Tim starts out selling used tennis balls, then switches to baseball cards, then becomes a momentum Penny Stock trader, becomes a master short seller, tries to grow his fund by betting big on CYGT, instead loses big, but still manages to become a celebrity thanks to his TV show and....well unlike some people I won't give the heart pounding ending away.
But, it's a great ride and IMHO it's better than "Pit Bull" and "Confessions of a Street Addict", two books written in a similar vein. I've never read "Reminiscences of a Stock Operator," but since Tim says it's his favorite, I'm going to order it right now.
To everyone watching this debate unfold, read the book. Tim's cockiness has created got some hardcore haters, but they're definitely not telling you the truth IMHO.
FYI I don't know if Tim meant to portray it this way or not, but his downfall was due solely to CYGT, not short selling at all! If he had stuck to his discipline, he'd still be OK since he details his recent trades in (EFUT) and (CSLR). Both of those turned out to be very good short sells. Very interesting...
Quote from GregShap01:
I have to say that the reason I purchased the book was to see if Tim's many haters were right or full of it. I finished the book in 2 days flat, not because there weren't many details, but because IT'S THE MOST EXCITING FINANCIAL BOOK I'VE EVER READ. I know that sounds a little over the top, but it's the truth. Tim's haters definitely did not read the book because it's not boring in the least.
We see how Tim starts out selling used tennis balls, then switches to baseball cards, then becomes a momentum Penny Stock trader, becomes a master short seller, tries to grow his fund by betting big on CYGT, instead loses big, but still manages to become a celebrity thanks to his TV show and....well unlike some people I won't give the heart pounding ending away.
But, it's a great ride and IMHO it's better than "Pit Bull" and "Confessions of a Street Addict", two books written in a similar vein. I've never read "Reminiscences of a Stock Operator," but since Tim says it's his favorite, I'm going to order it right now.
To everyone watching this debate unfold, read the book. Tim's cockiness has created got some hardcore haters, but they're definitely not telling you the truth IMHO.
FYI I don't know if Tim meant to portray it this way or not, but his downfall was due solely to CYGT, not short selling at all! If he had stuck to his discipline, he'd still be OK since he details his recent trades in (EFUT) and (CSLR). Both of those turned out to be very good short sells. Very interesting...
Thats fine...you loved it. Some will love it..some will hate it. I gave it an honest look. His honesty is to be applauded. But it really didnt rock my world. I guess because I have heard so many similar stories, I get bored kinda easy. Tim was right as he said his book is aimed at the "newer" traders. I think it will attract those guys.
I disagree with you on Pitbull. To me that book is at the top of the list of best trading books with The Market Wizards books and Livermore's book. IMHO Tim's book is not in the same league as the ones I mentioned.
Tim, I busted on of your haters, "slacker", for lying about having read your book!!! See below:
9-16-07 05:44 AM
Quote from slacker:
Quote from today on another thread.
If you never met the 'guy' how do you know the details of his recent trades? I just checked and these trades are not in the book. You just happened to Google the book and then found this site?
LOL, you just exposed yourself as not having read the book. Tim's (EFUT) and (CSLR) trades are on pages 208 and 209.
Tim, where are you, you have to remember this post!!!!!! I just exposed one of your haters as an outright liar!!! Busted!!!!!!!
9-16-07 05:44 AM
Quote from slacker:
Quote from today on another thread.
If you never met the 'guy' how do you know the details of his recent trades? I just checked and these trades are not in the book. You just happened to Google the book and then found this site?
LOL, you just exposed yourself as not having read the book. Tim's (EFUT) and (CSLR) trades are on pages 208 and 209.
Tim, where are you, you have to remember this post!!!!!! I just exposed one of your haters as an outright liar!!! Busted!!!!!!!
Quote from GregShap01:
Tim, I busted on of your haters, "slacker", for lying about having read your book!!! See below:
9-16-07 05:44 AM
Quote from slacker:
Quote from today on another thread.
If you never met the 'guy' how do you know the details of his recent trades? I just checked and these trades are not in the book. You just happened to Google the book and then found this site?
LOL, you just exposed yourself as not having read the book. Tim's (EFUT) and (CSLR) trades are on pages 208 and 209.
Tim, where are you, you have to remember this post!!!!!! I just exposed one of your haters as an outright liar!!! Busted!!!!!!!
Awesome dude, soooooo great to have you here. Feel free to post some paragraphs you like best so we can start to show people that this book really is something special.
I looked at Amazon sales Rank and it has failed to make it TOP 100 in in Investing section of Amazon.
The overall sales rank on Amazon - 8000+..haha...
Looks like Timmy boy is the only one reading and ENJOYING his own life story..
Sorry to see the IPO of a WRITER crash that hard.....
So, What is the TiTLE for the next book---
"HOW I SOLD 10 COPIES OF MY HEDGE FUND BOOK'
The overall sales rank on Amazon - 8000+..haha...
Looks like Timmy boy is the only one reading and ENJOYING his own life story..
Sorry to see the IPO of a WRITER crash that hard.....
So, What is the TiTLE for the next book---
"HOW I SOLD 10 COPIES OF MY HEDGE FUND BOOK'