But you are a pussy that hides behind multiple handles where as Tim uses his real name. What you posted above means nothing because you are to chickenshit to use your real name as you handle. Last I heard the SEC does not prosecute fantasy 14 figure hedge fund managers.
Actually my lawyer is $500 as I typed, but your "reading skills" missed that. Not to mention they are former SEC prosecutors. So I messed with my roommate to get him to move out--he was local boy anyway, I saved him rent and we were all miserable living in cramped quarters. As usual, you don't know all the details. I'm glad that you manage such a large fund, congrats on the performance, but you miss the point that I'm not trying to brag about that type of info, we all know my performance and tiny fund assets, but you don't know the lessons I'm capable of teaching. I am bragging about the fact that nearly 80% of the people I sent advance copies to (who could've easily ripped it apart or never wrote back considering they probly thought I was just some young punk also) just 2 months ago, have loved it, many claim it to be a new classic similar to Reminiscences of a Stock Operator and How I Made $2 Million in the Stock Market, Confessions of a Street Addict... But you know that you have nothing on my book so you feel you have to rip on me for everything else I do and that's fine. You just don't get it: everything I've ever done has led me to this, I just never realized it until I started writing. All my crazy antics have given me legions of fans, my trading has given me some wealth, an exciting story and tons of lessons I wish to share, and my big mouth will help me to promote this in order to help everyone learn this incredible game. It's a great feeling to know that I've changed from being a selfish punk who only cared about profits to somebody who realizes that its more fulfilling to use their knowledge to help others. I hope you, too, can experience such a catharsis one day.
Oh yes, you have Paris Hilton's lawyers. The same ones who incorrectly told her she could drive. You told Neal Cavuto that your lawyer told you that you can't say AUM on tv. But every other hedge fund manager does tell their AUM on tv. So if your $600 ex-sec lawyers give you the wrong advice here, what does this say about you and them ?
The crazy antics of people on The Real World and My Sweet Sixteen gain them legions of fans as well. But really Tim, what does that have to do with being a good trader, which you are NOT. Seriously, what is the debate, wow, you were on TV, but that doesn't mean shit. The point everyone is trying to make is that you did good in a bubble...a rising tide raises all ships in the harbor...and now you are "subprime" as we say in the mortgage industry and trying to write a book about how awesome you are. It doesn't make sense. period. It's fine if you make alot of money from it. I am sure you will, there are tons and tons and tons of stupid ignorant people out there looking for a guru...if you can get $1 from each of them, you will be rich beyond imagination. I am sure with enough slick marketing and "crazy antics that win legions of fans" you will get plenty of money. Frankly I don't care how much money you make from the book, people make money putting animals to sleep, taking kids away from fathers, all kinds of shit...whatever, that's capitalism... the point is, you come around here saying you are hot shit and you get put on FRONT STREET like the bitch snake oil salesman you are. You should stick to the blogs and magazines and CNBC.
I'm so sick and tired of you morons trying to twist the facts around. I never claimed to be "hot shit" or "awesome," I'm bragging only about the lessons my story can teach you. And, you know little about my trading so you simply cannot comment as to whether I'm a good trader or bad until you know the details. But since you're illiterate, it's gonna be tough for even me to teach you anything. I am going to defend myself when you say I only made money in the bubble years because I was the #1 ranked short bias fund 2003-2006, even with my 2006 losses. And to address your BS snake oil accusation, I've repeatedly posted the definition of that word that says "one who sells something of no value." Now try to say the words out loud so you might understand them and overcome your literacy problem: 99% of the people who have read my book have all said it's a new classic. They're saying it's both entertaining and educational, which flies smack in the face of you claiming I offer nothing of value. This is not me bragging, this is random people who could've easily listened to all the trash talking done by illiterate clowns like you. I really hope you learn to read by October 1, 2007 (PM me with your address and I really will buy you Hooked on Phonics), but I doubt that will happen so I'll probably just have to come out with an audio version for your kind.
2003-2006 annual return of 1.5% is PATHETIC (throw in your -8% through June this year, and it's absolutely appalling). Your puny AUM shouldn't even be compared with real hedge funds. Long, short, macro, etc, etc....who gives a shit if you're #1 if you didn't make money for your investors over a 4+ year period.
Mr. Sykes you should be ashamed of 1.5% annual return from 2003-2006. You should tell your investors to move over to a basic money market fund for better return with less risk!!!
Please, you take some risks, sometimes you lose and you must suffer the consequences. Not to mention that your calculations are off and I can't wait for the day until I'll be able to correct you. (unfortunately, it's not today) Still up over 60 times my initial stake just a few years ago, with many new lessons learned. And, for a short bias fund, my numbers aren't even that bad--why don't you dig up some other funds and we'll see how I stack up. The only thing appalling is your attitude