http://today.reuters.com/news/artic...Z_01_N31318390_RTRIDST_0_HEDGEFUNDS-SYKES.XML Overall a decent article, although she got the 70 percent/year figure wrong (my fund was up 70% over the first 3 years) By Svea Herbst-Bayliss BOSTON, Nov 1 (Reuters) - Hedge fund manager Tim Sykes made and lost a small fortune fast. Now he plans to earn it all back and let average Americans follow him on the road to riches, one trade at a time. Sykes' Cilantro Fund Partners hedge fund collapsed amid heavy losses in October, a year after the 26-year-old trader was named as one of the $2 trillion hedge fund industry's most promising young stars by Trader Monthly magazine. Now he is reinventing himself and shedding the $2 trillion hedge fund industry's veil of secrecy in favor of being a trader for anyone with an Internet connection. "Starting on November 1, I am going to repeat my feat of turning $12,000 into $1.65 million," Sykes told Reuters. "And this time I will do it on my Web site and be completely transparent. I will use a regular discount broker so that everyone can follow along." Each evening, Sykes, who sometimes placed bets at home dressed in a blue bathrobe, plans to describe his every move, providing a trading primer for other aspiring millionaires. During its heyday Sykes' Cilantro fund returned 70 percent per year, which helped turn a $700,000 investment into a $3 million portfolio. He had already turned his $12,000 Bar Mitzvah money into $1.65 million as a teenager. "He amassed a reputation and a lot of money at a young age," said Adam Sussman, a senior analyst at the TABB group that conducts financial markets research. Continued... Â© Reuters 2007. All Rights Reserved.