I see one of these playa hatas doesn't even understand the difference between a creditor and an investor. Victor is a stand up guy in business, any allegations otherwise are hogwash. back to the beach, surf
actually,LW clearly stated he is willing to send full documented proof to anyone who sent him an emai. no one except the mod took him up on the offer. please tell the full truth. Yeah, I have respect for traders who take huge risks and win or lose by their wits and intellect. shouldnt everyone on this site? surf
ones who start from nothing and get mega rich do. otherwise have fun churning your life away for a middle to lower class existence--- and this if your highly skilled. risk is proportionate to reward-- sorry, can't change this fact surf
1. Please post the description of Matador Fund, that was presented for investors. Otherwise you are just a sorry apologist. 2. Let's see what Vic has to say about it: p.1 "I still have some costumers - people who are not happy with feeding all their money to the stock market.They are affraid that it will crash as it did in 1929 and 1987. They look to me to land a big return, but without the risk and drawdown. I can do it, but they don't want me to gamble, and I cannot do it without gambling." I think it is time to actually STUDY your idol...
Ha, post hedge fund info on a public board?! are you really this naive' or just on another agenda driven attack rant? VN is far from perfect, just a super bright trader, businessman and academic. Someone we can all learn much from. I don't know details on Matador, but I do know ONE of the most sophisticated investors in the world was in, in a big way. but ofcourse, the no name muck rakers on elite know better. how sad, truly sad. surf
A super bright trader selling premium that blew up 2 times .....amazing... You are setting the standards here on ET ? sad,truly sad...
Surf seriously, why do you post in this thread when you have nothing? Somebody help me out here, I forgot who it was Jesus or Mohamed?: "extraordinary claims require extraordinary evidences." Now when someone casually mentions that "I (or my father) ran up X to 1000 times X" we might require a little more than one's word. Here, Vic mentioned the gold/silver trade one more time on p. 268: Now according to price chart, he probably meant 1979. He put on the silver short late'78/early '79. When it started to move against him, he hedged it by going long gold in the summer of '79. When silver eventually doubled from his shorting price of $5.50, he removed the short and pyramided the gold long until January of '80, when the price eventually crashed. Without knowing the size of the silver short, we don't know how much he actually made on it. Now Surf, you could try to keep this thread civil. If you have nothing to add, as usual, that is fine, just keep quiet and listen to how others discuss FACTS.
Super Bright Trader= Blew out account TWICE using a basic strategy of selling puts. Surf...this is a new low for you. Seriously....you are making VN look real bad with your comments. Like others said, unless you have some facts....stay out of the conversation. You are really coming off looking like a complete idiot. Stay down for the count on this one.
Pekelo, nice job here. surf's comments remind me of that old saw 'With friends like these, who needs enemies?' surf, you've had your ass handed to you once again. Your approach to sucking Vic's boner is the same as your approach to 'analysis' (isn't that what you call yourself? An 'analyst'?). You just make some statement which sounds good to you and when it's shown that the statement has no basis in fact, you just blithely post the same statement over and over again, hoping that those who know you're out to lunch will just get sick of posting. And by the way, you're a disgusting sycophant. I'd say 'you should be ashamed of yourself', but your pathetic floundering in the Gold Call thread show that you have no self-respect whatsoever. I think you have to have some of that before you can feel shame.