Vic Niederhoffer â@VicNiederhoffer Apr 11 looks very bullish for spu . one augments his position. Vic Niederhoffer â@VicNiederhoffer Apr 10 as wellington would say " into the breach . their horses are mired" one buys spu at close with abandon doesn't sound all that rigorous. no wonder he got a drubbing.
Senile ramblings of a lifetime bustout. If this is really him, then this guy is worse than I ever thought. Wow. He doesn't have any clue what his reputation really is. What's the line...something like: "if he met his reputation in the street, he wouldn't recognize it/himself". The guy is simply a degenerate. An action "junkie". No wonder he hates Buffett. Soros was lucky Victor didn't blow up on his watch. It could have happened, and Soros knew it. https://twitter.com/VicNiederhoffer
You're wrong. He was relatively small time (compared to his MARHedge rep) until attracting the Octane money. It's on the books that he's lost over $600MM yet you act as though you're his CPA. There is no f*cking way he's ahead over the years (>$600MM organic growth). At Soros he managed roughly $50MM at the peak.
Yeah, compared to the fund sizes today he was small time. However, back in the day 50-100mm was considered huge.
Start with a low AUM of 20mm just as an example -- 30% per year compounded for 24 years is huge money. Figure it out.