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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
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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.
7 posted on 12/17/2002 2:01:41 PM PST by richardtavor
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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
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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.
23 posted on 12/31/2002 5:37:24 AM PST by hinckley buzzard
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