Wow, it was very nice of you guys to talk so much about me and my fund in this thread -- reading through all the posts, I've definitely been entertained all day long. I wish I could comment on/correct the misguided posts, but alas, my tiny little fund is still in business so I must refrain. However, you've inspired me to create my Hedge Fund Book thread because today I finished my upcoming book, "An American Hedge Fund", in which I detail my entire trading / hedge fund / reality show journey. Finally, you'll be able to judge me based on my actual trading philosophies and experiences, rather than from a few video clips that were edited into an entertaining TV show. So, if you have any questions, you can ask me on the Hedge Fund Book thread
No...as part of an overall portfolio its a very good idea to have a short fund in the mix, even in the strongest of bull markets. It will give you, overall, a much better risk adjusted return. Some people do it the "wrong" way and won't make money, but if you find a skilled short manager they will make a little bit of money even when the market goes up and (hopefully) more when it goes down. In any case the small portion of your overall portfolio (less than 10%) that you have in a short fund does wonders for your overall volatility if you do it correctly.
I hear he made it all back in the last few days and them some. Time to audition some more chart girls!! Gotta put that ping-pong table to use:eek:
OK just saw the clip with the models. I assume this is the ad he used to get them to come on the show: "Skanky unattractive blondes wanted to hold signs on former reputable business talk show. One must wear a bikini and other must wear an Amish-style dress. Attractive need not apply." I would be embarassed to bring out models who could not rate above a 4 to hold charts lol...
I think they were his cousin, his trader coach/psychoanalyst and the waitress from Winkies, but I'm not sure in which order.