Will you buy timmay's hedge fund book?
- Thread starter ghostzapper
- Start date
Tim details his CYGT situation and even though it was a huge mistake, I can see how it happened and I think it's a great lesson for all of us. I'm just glad it didn't happen to me and now afetr reading about it in detail, I know I'll never make that same mistake.
There are many great lines throughout the book, but the most important one for me was:
"My greatest losses have always results from trades motivated by anger, revenge and pride. After a bad trade, rather than calling a time-out and giving myself an opportunity to regroup, I chose passion over reason and forged ahead, trying to will opportunities into existence, even when a more rational part of me knew I had lower chances of success. In these moments, my ego made me forget to respect the market and I was seriously injured in my attempt to control it."
Great, great passage and unfortunately, I can relate all too well.
See, this is where an editor can really help improve a book.
Is it:
'...my ego made me forget to respect the market and I was seriously injured in my attempt to control it (my ego).
Or is it:
'...my ego made me forget to respect the market and I was seriously injured in my attempt to control it (the market).
A little subject/object thing going on there...
Yeah great choice of words. It must have really gripped you as all of your 40 odd posts have been responding to Timmay's threads.
So Mike, glad to see I'm not the only fan of Tim's book here. Judging by the fact that you quoted a passage (with only a few typos), means you probably did read it. That is a good few lines, but what really got my heart pounding was:
"We brave souls who engaged in the fine art of financial speculation were always better as a result. Win or lose, everybody benefited in some way whether or not we realized it at the time...We should be free to discuss our businesses with whoever shows interest-and without fear of penalty or censorship."
Wow! That is some inspirational stuff, for me at least.
Has not put it in any categories?? Of course it has, it's ranked #9,945 in amazon.com as of 5pm sunday. This is updated every hour and is exact. Sorry Tim, even with all of your own book purchases, the book sales are a flop.
Amazon.com Sales Rank: #9,945 in Books (See Bestsellers in Books)
(Publishers and authors: Improve Your Sales)
Maybe you want to take them up on their offer to "improve your sales"
C'mon, you can't really be that stupid, right? Well maybe you are. The book went on sale early because Amazon was getting too many sales to sit back and wait, so it's kind of been a soft release. Cracked the top 1,000 the other day, that was fun, but we're still in the pre-game workouts so it doesn't really matter yet.
And no, my book isn't in any categories yet, that takes a few weeks for amazon cataloguers to place me in the autobiography, finance, investing-type categories. Stay tuned Bobby, you're gonna be in for quite a surprise once you see how this all plays out over the next few months and years...
Yes sir, and like everyone else, they poke fun without knowing any of the details. I'm excited to rub that comment in their faces for the next few decades as the rumors of my financial death have been greatly exaggerated...
Yes, I suppose i'm stupid for believing in the veracity of Amazon.com and their ratings system over you.
It is you Tim who is mistaken. your book is #9,945 EXACTLY in amazon.com sales ranking as of 5pm sunday. Their rankings are exact, your pathetic spin on it isn't.
I would have been the 1st one to congratulate you if your book sold well, but #9,945 is not good, and is definitely not "best seller" territory. Give it up.