To: sourcery
If he's so smart why ain't he rich?
Lets see him put some real money on the line to back his theory.......
5 posted on
12/17/2002 1:44:45 PM PST by
Kozak
To: Kozak
"Economic forecasting is often not effective at predicting changes of direction, but our algorithms are very good at doing so,"
That's exactly what a Merrill Lynch guy told me once--of course I lost a bundle.
To: Kozak
"If he's so smart why ain't he rich?"
The self-comforting answer to which academics subscribe is the efficient market hypothesis.
Successful trading is not primarily about intelligence.
16 posted on
12/18/2002 7:56:56 AM PST by
Tauzero
To: Kozak
"Let's see him put som real money on the line."
Read the article. He has invested through a hedge fund and states he has done quite well.
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