I love how you think that losing 1/3 of assets is the end of the world. Sure, it hurts, but sometimes you need to pick yourself up and learn from your mistakes. In my case, others will be able to learn from my mistakes, too. It's that simple. Anybody who thinks otherwise is free to come on MSN show and debate--seriously. Let's see if any of you actually have any guts whatsoever. It's doubtful, but I'd love to be proven wrong
Whatever dude. it's piss poor. Period. You can convince yourself of whatever you need to so you can feel better about it....but the bottom line is that its weak as puppy piss.
Most people here at ET would be ashamed to lose -36% of other peoples money over 19 month period...... However, Timmay becomes an ET sponsor and self-publishes a book about his failures.... Who would want to be seen on the same TV set with that freak??...
Of course I'm ashamed, but that doesn't mean I'm going to curl up in a ball and cry about it like you guys seem to think I should. No, I'm gonna entertain you and try to change your backward thinking by teaching people to learn from their mistakes as well as from their gains. eek: :eek:
Tim, if your story is so compelling that you believe it will sell books, why have you been unable to raise any money in the last few years? From what i've read, you had $2.6M in assets in early 2006, and now it's down to approx $1M. Obviously, money was withdrawn from your fund, rather than raised. So why has it been so difficult to sell your "#1 short bias" fund to investors? An honest answer would be appreciated. Thank you.
Honestly, I've made a ton of newbie mistakes and not too many people want to invest with you when lose 1/3 of assets. It was pretty interesting to be filmed on WSW and getting all this attention during this draw down, but I've come to realize that the general public knows sooooo little about the stock market, trading and hedge funds. I'm in a position to teach people as I seem to be one of the few market commentators committed to the truth. You gotta understand that what I write is no "How To" book, it's an honest telling of all my ups and downs in the same vein a 'Reminiscences of a Stock Operator'. Nobody's really written anything that honest because of all the industry regulations and industry bias towards hiding and ignoring past mistakes. I'll put my career on the line because my name is out there now and it feels great to do the right thing!