Follower of Mr. Phillips' mailing list here. Wasn't gonna get involved, but since Scott kindly asked to sing out loud and proud, I'll chime in: Some time back I asked to see his so advertised Flagship stocks momentum system v2.0, in which I had an interest, which was part of his Systems building masterclass. We had a discussion, I said I did not want to buy the entire Systems building bundle for $700 if the only thing I wanted was the Stocks momentum v 2.0. He agreed and sent me the python code of the supposed flagship momentum system. Being distrustful and skeptical as I am, I ran a google check on the source code and found out guys at Github and Quantopian (plus other sites) essentially provide the source code for free (1) , which was 1:1 with what Scott sent me. I was shocked. He claimed the code was made by a real programmer for him. But the very code he is selling is also publicly available on github, and is developed by the Quantopian community and also available on their site (2). So it seems what Scott has done is simply rip off a copy of the system, developed by the Quantopian community, then brand it as "his own expanded and upgraded version" and bundle it as a premium flagship product as part of his Systems building masterclass, selling for $700. Since I had to decide whether to follow financial advice from Mr. Phillips, I did more research on him and discovered he's a convicted porn spammer who was fined a couple million dollars as recently as 2010/2011 (3) and who was jailed in 2006 for a five year sentence (4) on violence and torture charges. As for the Holy Grail system - he does provide the rules for free in his video, but they are partial. You need to get in contact with him and sign up for mentorship to get to know more. The rules are dubious with quite some gray discretionary area which is not explained and open to interpretation. However Mr. Phillips gives tantalizing promises of profits in the range of 600% per annum (50% per month). It's like he has a license to print money. Given that Mr. Phillips has engaged in "systematic and studied deception" (5) before, what's to stop him from continuing this practice, this time about systematic trading? He's certainly not a rookie when it comes to designing systems... (1) https://github.com/digitalaw/8-Quan...Move by Andreas Clenow (Quantopian Community) (2) https://www.quantopian.com/posts/stocks-on-the-move-by-andreas-clenow#58d470074fde6b0be1277e29 (3) https://www.holdingredlich.com/blog/sophisticated-spammer-receives-hefty-fine (4) https://www.dailytelegraph.com.au/h...301d12f44?sv=650f75002ac1c1896f88fa88c0d49388 (5) https://www.smh.com.au/technology/internet-porn-king-fined-2m-20101201-18gbu.html
Request to change the title of this thread to "Scott Phillips Trading Scam" or something similar for greater search engine visibility. Great work pkshus, I have zero respect for spammers and those who prey on the desperate. Desperate for love, or desperate for trading success...same scam different industry I guess.
I wonder if the Oz authorities are aware of the current scam? Seems like someone should notify them of his (as well as Spiccoli and Bernut’s) activities. Nice work!
You can see why he was desperate in the email. My guess is that this ends up bad for torture-boy Scott Bijou Phillips. More to come.
Had to look that one up. Learn something new everyday here at ET. The narwhal (Monodon monoceros), or narwhale, is a medium-sized toothed whale that possesses a large "tusk" from a protruding canine tooth. It lives year-round in the Arctic waters around Greenland, Canada, and Russia. It is one of two living species of whale in the family Monodontidae, along with the beluga whale. The narwhal males are distinguished by a long, straight, helical tusk, which is an elongated upper left canine. The narwhal was one of many species described by Carl Linnaeus in his publication Systema Naturae in 1758. Like the beluga, narwhals are medium-sized whales. For both sexes, excluding the male's tusk, the total body size can range from 3.95 to 5.5 m (13 to 18 ft); the males are slightly larger than the females. The average weight of an adult narwhal is 800 to 1,600 kg (1,760 to 3,530 lb). At around 11 to 13 years old, the males become sexually mature; females become sexually mature at about 5 to 8 years old. Narwhals do not have a dorsal fin, and their neck vertebrae are jointed like those of most other mammals, not fused as in dolphins and most whales.
I would not mind if they looked at "Scott Phillips Trading Scam". Spiccoli, who is that? If you mean "Daniel Sphorin Trading Scam" then I am for investigating him too. Think he is a New Yorker. From time to time he spend time with Scott in Bankok. Scott lives in Bankok and Brisbane I think. Guess Daniel is a US citizen. And therefore could be scrutinized under US laws. Regarding Bernut, he is not involved in Scott's scam. Think he met up with Scott after he heard of him on Quora. Laurent found the ex con/addict interesting to study. Guess he finds him even more interesting now This thread is getting so interesting I soon have to quit my day job...