vic is a minnow compared to JWH. however, VN shares his knowledge and teaches others what he knows--- when was the last time you heard this about JWH? please note, i have NEVER ripped on JWH, only his alleged methods. big difference-- small brains don't seem to understand this fact. surf
Oh you showed him - way to go! Flex me those muscles, big boy. You really put him in his place... ooooooffff whatta man!
Now that VN has blown up for the 4th time, will you start ripping on his alleged methods (like you claim to have done with JWH) or will you continue to applaud them?
should he really be teaching? Lucky idiot or skilled investor? (<-- from N. Taleb's book) From what I've read, it seems like he really isn't a very good trader. (I read the recent Porfolio piece posted elsewhere). I think he violates his own rules, look at how he talks about his Thai Baht situation -- totally survivorship bias (Ie it blew up so it was a bad idea, but you know it worked in the past so I did it again.. but of course then it was OK and hes a Rockstar) In any case, he's a colorful fellow and certainly adds depth to a trading community that is often bland at best. Although personally I think its his nature to blow up, hopefully he get thru this difficult period intact.
Call me small brained, but I really don't see the difference between the VN and JWH blow-up threads. No doubt there is a certain amount of smug satisfaction involved in another's distress in both threads, but I don't see much by way of personal slander either. What goes around comes around.
one way to decide is to look at the traders/money managers who have come from his stable--- roy niederhoffer, tony crabel, monroe trout--- just to name a few of the billion dollar managers he has mentored. literally a dozen plus top traders/ managers of over 100 million have arisen from his team--- answer your question???.... surf
And what is it that Vic "teaches"? How to sell unhedged OTM index puts? You're the one who doesn't get it! Vic and his ilk are nothing but fraudulent liars. He doesn't trade, he JUST SELLS PUTS!! Are you that stupid to not know how he generated those bogus, temporary returns? This guy blew up on a 12% move! Then he has the lack of character to 1. lie to Baron and b. tell the media that a once in a lifetime "sub-prime" mess blew him up. Most hedge fund stratagies are cons! Whether it's assorted carry trades, premium selling or leveraged high yield credit spreads, it's all ANTI trading.