I have been to 2 LW seminars. An FSI back in 1996 in Las Vegas(Larry did trade this live but only 1 SP as I recall but made close to 8pts back when they were 500 a pt.) and a 2001 MDC in San Diego. I must say I enjoyed them both felt like I got my money's worth but I also never was a profitable trader. (so I may be an idiot who was robbed or perhaps I was simply never cut out to be a trader.) I must say that I have enormous respect and admiration for Larry's approach to life which in and of itself was almost worth the price of admission. Something about the forbidden (selling fake drivers licences when he was a kid, sneaking into Saudi Arabia etc.) that appeals to me or perhaps his ability to be so successfull despite a fairly modest backround. I am from Alberta so I have driven through Billings many times and somehow can imagine him turning the valves the wrong way at the big refinery there LOL. If I recall correctly when I met him in 1996 he was explaining to people that he hadn't even filed a tax return for a few years. They (Larry and a few seminar attendees) were swapping tips on various tax and auditing stategies. At that time the rage was to get your case transferred to Nevada because Nevada or the Nevaga office were accepting almost any offer for deliquent tax bills(excuse my ignorance I have no idea how IRS works or how offers are made I assume it is similar to how it is done in Canada but I don't know and also please keep in mind I am trying to recall a conversation from 10 yrs ago.) Anyways Larry made a comment that the last offer they had made him was so attractive he was almost tempted to take it and "clear the slate." The topic didn't come up at all in 2001. He certainly had a beautiful home (I guess in some small way I helped pay for it LOL). I am very greatful to him for turning me on to the book "The Zurich Axioms" which has had an emormous impact on me. Although I never made money as an SP daytrader I have made more that I lost trading and in seminars with the philosophies in that book. Finally and this is probably terrible but I really have a hard time gettign too excited about tax issues. So I hope things work out okay for him.
Yeh he does admit to creating fake driving licences in one of his books. I suppose, old habits die hard..
what is wrong with you tunderdog? you r the 1 who lacks readin skills. what surf states makes perfect sense. you attack surf constantly and don't even no him. I am personal friends with surf and don't understand your motives. surf is a stand up guy....you.... exactly what r u ?? bunny
I have yet to see a single person who actually died because he or she wanted to be deceived. You got it wrong. The public wants honest information. Most often that's not what they get. Blaming this on the public and the dreams of the average Joe Schmoe is not just stupid, but simply unethical. I am not saying that LW is one of those unethical vendors, but I know that most of them are.
hey student, nicely said. do not the vast majority of traders, trade for entertainment value??---not just the seminar attendees. just like going to the track or casino--- williams seems to teach a solid method and is way less offensive than the majority of snake oil salesmen, guys who place perfect track records on their websites and make those kind of proclamations make me ill. williams is not in this category of public decievers. surfer.
surf, glad you agree. It is like the race track and the casino - the public is not playing to make money, the public is playing mostly for entertainment utility. electon - People like to dream of getting rich while doing little or nothing. That's why they buy lottery tickets, or play the slots, or send money into late night infomercials - all of which are negative expectancy projects. Promoters of stock ideas aren't in the business of education, they are in the business of entertainment. And once you accept that, you'll see that the veracity of the content is irrelevant. It's all for yuks anyway. Anyone with half a working brain should be able to figure out that the keys to the kingdom can't be purchased for $19.95.
some actually seem to be self decieved with delusions--but that is another matter..... a book/seminar will not give you the keys to the kingdom, ofcourse---but a book/seminar can get one thinking correctly and on the right path to the kingdom..... surfer
Absolutely. I wonder how many ideas that I've rejected could have given me the keys if I'd only worked them hard enough at the time. The magic grail search may be responsible for more spurned guru's than any lack in their material?
good point, kiwi. i would say its not the material but rather how you think about the material and discover how YOU can apply it that truly matters. thinking for yourself is really the master key to the market, once the basics are learned, ofcourse