NOVEMBER 5, 2008 Some Trend-Following Funds Are Winners in Rough Market

Discussion in 'Wall St. News' started by nkhoi, Nov 8, 2008.

  1. nkhoi

    nkhoi Moderator

  2. Anyone remember the "trend following delusion shattered" thread LOL
  3. Daal


    of course morons like surfer only look at evidence that confirms his view
  4. EPrado


    Surf is going around saying the trendfollowers got lucky. Yep...guys like Dunn and JWH are up 30 to 80% in their funds this year...all luck.

    Funny how Surf is real quiet about this subject...but was all over these guys when they hit a rough patch.

    How is Vic Neiderhoffer doin these days?

    Oh..thats right...his fund is gone as he blew out...again.
  5. Well he's right on that one. Nobody knows which buy or sell signal turns into a bull or bear "trend". What he's missing is that this "luck" happens with considerable frequency.

    But it takes discipline - trend hunting is high-reward but comes with significant drawdowns. Smart money management is crucial.
  6. EPrado


    So guys like SAC and Citadel got unlucky in October?

    Like you said, it comes down to money mgmt. Over time if you look at their whole careers, guys like Dunn and JWH have had very good money mgmt. Their returns since inception are great. Just gotta be able to roll with their volatility.

    I guess Merrill Lynch is bumming they pulled 600 Mil outta JWH at the bottom....but then again MER isnt exactly the brightest bunch on the block.

  7. one of the funniest things ever JWH--"The Tulip Trend Fund" Wanna bet that name has prescience?

    surf :D :)
  8. EPrado


  9. EPrado


    You are the best Smurf. Ripping on a guy and his fund who has been around for 25 yrs and made his investors a fortune.

    Clearly the huge year that JWH is having is killing you.

    Good thing though your boy Neiderhoffer blew out ....could you imagine the money he would have lost playing that one trick donkey show he always did. Selling puts .

    Hopefully after torching all his investors money he didnt put up his own money...cause if he did, I would imagine there will be another silver sale going on :).
    #10     Nov 10, 2008