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At 09:46 PM 6/29/98 -0500, Timothy Morge wrote:
Well said Tim and I completely agree. Its my belief the best traders in the
world like their anonymity. My uncle was the best trader I ever knew but I
bet you never heard of him. He never owned a computer but was a tape reader
and he would make Larry Williams look like an amateur. Never sold a thing
just traded and put the money in the bank. He managed over a couple of
million for friends and family. He never ask nor would except a percentage
of thier profits did it to help and for fun. Even the best of the best
Buffet wrote a book at a reasonable price and you got your money's worth
reading it. Ever see Buffet grand standing and putting out promotional
videos to sell his wares, no and you never will. He has the best
advertisement in the world its called a published audited track record sent
to all his shareholders, no guessing allowed. People don't sit around and
wonder about what Buffet did or has done we know don't we, but Larry
Williams is a different matter it seems. Yes there was that trading contest
once and he did fantastic thats the last I have heard, one year one contest.
Robert
>Ron and other people defending traders hawking junk to people that don't know
>better...
>
>No, I don't have to be fair. If you sell your name or reputation, you are
fair
>game if the products and commercials are cheesey. I don't question Larry
>Williams or anyone else's trading. The beauty of trading is that your own
>account keeps score. Period.
>
>That being said, taking advantage of the public is not excusable. Not to me.
>People that sell junk to suckers don't get a pass from me. If you wish to
give
>them one, be my guest. Trading is hard to learn. It's impossible if some
slick
>infomercial features a well-known trader that sells you a pile of goo.
Doesn't
>anyone value their own reputation anymore???
>
>Someone said...never give a sucker a break...better is: Fool me once,
shame on
>you. Fool me twice, shame on me.
>
>Me? I trade for a living. If I tell someone I use a product, you better damn
>well believe you'd see that product on my trading computer. I don't sell
my name
>or my reputation. You can't buy it at any price.
>
>I don't know Larry Williams or any other slick salesmen out there peddling
>things. And that's the end of my sermon. Do the trading world a favour--Help
>someone new to trading next time they ask a question. It's hard to get
started
>trading, especially with all the 'big names' looking in your wallet.
>
>Tim Morge
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