Take the Index Piker Challenge

BTW, Talon: How do you select trainees? Is it usually friends, or friends of friends or do you hold interviews etc...

 

I believe, sir, you have made the classic error of underestimating someone's stupidity.

 

I talked about this on several threads. Friends of friends usually, friends of former trainees, etc... some people in the business do know who I am even though I try to keep a low profile. I work hard to select interesting people with diverse backgrounds. My most recent hire had a background in fashion, so literally no financial knowledge at all... Search my other posts and you'll find more info. Not really relevant in this thread sorry!

 

Very interesting... Thanks for replying Talon. Sorry for the off topic post, carry on with the challenge IndexPiker!

 

Seems to be a common theme in some of these journals you've participated in lately.

I wonder where Bowo went? He should be all over this passive index crap :eek:

Mike

 

You make good points here talon and surprise surprise no insults, you feeling okay there buddy?

It's widely known these instruments returns are both path dependent and one pays a high cost for no margin calls.

Thanks, will investigate more when I have time.

Became aware 2-3 weeks ago I had grossly overestimated potential due to large dividend payout.

 

Not pulling anyone's leg just more candid than the usual fare on ET.

 

yeah you're right. was noticing that myself... at some point you gotta start thinking maybe the issue is with yourself lol.

as for #2... probably somewhere they have a lot of food would be my guess

 

Wow, I think Piker actually realized he was wrong and his approach was flawed.:eek: Good for him.

Only took 40 pages.

 

I doubt it, he'll hang in till he blows out his IRA and then disappear or if the market rallies then he'll be on here bragging about performance.