That summary was sent out in a performance email from Aaron that anyone could receive if they signed up.
Investors were not kept in the dark. What is it with this place? Everybody thinks Aaron owes them something.
Yes, it was sent out in "private". If I sent you an e-mail that was private, would you also feel that was public domain?
relax, public disclosure can only helps his reputation more not hurting him. "Losses are just part of life. Weâre going to have losing months, eventually weâll probably have a losing year..." -Aaron Schindler www.schindlertrading.com/index.php?page=corporate_profile
A mass emailing is hardly a "private correspondence." Forgive me, I mistook your previous post as misinformed about the source of the quote.
Actually, that quote came from a late 2007 monthly email dealing with the 30% drawdown related to a crude oil position. If rumors are to be believed, the January one was caused by index futures or options. I haven't received any update for January...Aaron is usually extremely prompt. I'd have to imagine the drawdown would be at least 20% for the fund to potentially close.
He's not just transparent with his trading methodology...he's psychic !!! Still, if you adjust for the halving of his leverage, the largest monthly loss previous to October was around 12%. It jumped to 33% and now January's might be 15-20% (at least). I don't think he was anticipating huge monthly losses. You probably can't avoid having a bad couple of months that add up to negative 30-40% but losing 30% in a single month and then potentially another large sum a couple of months later indicate a lack of diversification and "worse case scenario" planning.