Breaking news: Niederhoffer still in business after market correction!

Regarding your comment to marketsurfer:

You may or may not know that this "well of devotion" reaches the ubiquitous Larry Williams, who marketsurfer regards as a masterful trader of unquestionable integrity. Perhaps that adds a bit of perspective.

And as for your assessment of VN, I think it is spot on. I have read both of his books, and I have yet to understand what nuggets of wisdom readers have taken away with them. True, VN has more money than I will ever see, but I don't hold in high regard the manner in which he got there. I would be disinclined to play smash-up derby with either my own capital or anyone else's.

 

you are misspeaking regarding my views on LW.

masterful, highly skilled trader--- yes.

unquestionable integrity--- no idea.

surfer

 

http://www.elitetrader.com/vb/showt...=marketsurfer integrity williams&pagenumber=1

Perhaps I am missing something?

 

yes, the ability to read in context.

surfer

 

How long can permabull-Victor last in a bear market?
I'd guess he blows up again within 18 mths.

 

And that concludes another fine performance by the ever slippery marketsalamander.

 

Well, that's embarrasing. The two just looked so different back then that I assumed they were not brothers.

Shows you how much I know.

 

<a href="http://tinypic.com"><img src="http://i6.tinypic.com/11tboyh.jpg" border="0" alt="Image and video hosting by TinyPic"></a>

 

and we all thought cramer was a mad man.

great photo!

surfer

 

"There is no genius without a touch of madness"

~Seneca