Althucher guesses: trend funds to disappear within the next 10 years...

Lets face reality: John Henry has balls of steel. The guy was negative in his first two whole years of business and he still went on to build a billion dollar fund business. That takes a certain grit that I know I don't have. I would've ended up sweeping floors at Home Depot after year one, bitterly cursing the markets and anyone who thought they could make a living at it. Instead, he owns the Red Sox.

 

And if you will permit the observation, you have chosen your name very well.

 

no doubt.

however, it does not mean that his methods are valid.

surf

 

John Henry - $840 Mill.

#21 in Boston

http://www.bostonmagazine.com/articles/the_50_wealthiest_bostonians

 

Maybe you should discuss the validity of his methods with him on your radio show or website Surfer.

 

i would love to.

thanks for the idea.


surf

 

JWH and his ilk are having a hard time coping with noise, so it seems.



:eek:

 

surf

 

Update on JWH--- perhaps the foremost trend follower in the world.

As of October 2006, 2 months of all 9 funds negative. 8 of the 9 funds are negative on the year:

YEARLY RESULTS thru Oct 2006

Strategic allocation---negative 12.48%

Currency strategic--negative 27.20%

Financials and metals--negative 6.09%

Worldwide bonds--positive 0.29%

International Forex-- negative 13.89%

G7 currency-- negative 14.92%

USD program--negative 34.21%

Global diversified--- negative 8.18%

Global analytics--- negative 6.05%


With all the resources and capital at JWH's disposal and he can't find the trend?




surf

 

Seykota has mentioned that you dont find trends, you ride the bucking bronco.