survivorship biase is a generous interpretation. selective accounting is the more likely explanation.
The book is only for people who actually want to read it and make own judgements. Not for smart asses who judge books by their covers and lecture everyone what’s in the books without reading them.
you're right, i'm just judging the cover. the COVER contains impossible claims only a sucker can believe. I can also set up 50 accounts, fund them with $5K each, pick the best performance and claim that i'm the best trader. See, i have the statements to prove it! But i haven't read the book, so I don't have anything intelligent to say about the book
Jack Schwager (via Twitter) responded to a question saying that all interview participants have been vetted - at least 10 year audited track records.
November is a long way. I wish it is out now because many are working from home and have ample free time to pass.
You can read the books that came out last November. The rules by Larry Hite was very good. I shall remember the other one soon. EDIT Jim Simons book, not so good.
According to the "experts" on ET all this is impossible. Probably because it would hurt these "experts" ego's too much.
How do audit someone with 50 accounts and just shows you one account where they took risks and hit the ball out of the park? this happens ALL the time. Sorry to be a hater. i really try not to be on this forum. but this is the best explanation i have for the results for these individuals.
Did you see the track records? If not how can you calculate what they did? Oooh I got it! You are one of these newbies that compound unlimited. If you use that technique even Buffet, Soros, Simmons and all the other billionaires should be much richer then they are. So they are all fake too.