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M:
You always have the right to an opinion. I just get tired of people from the
cheap seats taking shots at some of the great traders of our times. These aren't
guys like Larry W and Wade C. that sell crap everywhere and spam the innocents
just coming in to this business. These traders trade for a living and hang it
all out there for every one of us to see.
I've met all three of the guys I mentioned; one of them I know fairly well. You
can't buy the $99 'Get rish the Richard Dennis way!' video or the 'Trade stocks
like George does and turn your $550 IRA into millions and millions of dough!"
book. But these guys do give back to this industry in their own ways.
I'm no fan of any of the 'new paradigm' talk and the constant knocking of
'established' people that worked hard for their reputation. And that's my
opinion.
Tim Morge
"M. Simms" wrote:
> I NEVER SAID THAT. Dennis was a great trader - no question about that....so
> was Soros and Buffett.
> Shooting from the hip ? Hardly, all I'm doing is reporting FACTUAL
> information.
>
> Get the copy yourself and read it yourself.
>
> If you don't like my conclusions, that's fine. But I'm entitled to my
> opinions.
> If you've got a problem with that, you've got a problem.
> > -----Original Message-----
> > From: Timothy Morge [mailto:tmorge@xxxxxxxxxxxxxxx]
> > Sent: Wednesday, August 02, 2000 9:15 AM
> > To: prosys@xxxxxxxxxxxxxxxx
> > Cc: Omega-List
> > Subject: Re: Barron's Report on CTA performance: another oldie gets
> > "hit"
> >
> >
> > M:
> >
> > If I remember correctly, you say Soros is a loser; Dennis is a
> > loser; Buffet is
> > a loser...
> >
> > Richard Dennis is a loser because you think he is? Have you taken
> > the time to
> > look at his year over year performance for his entire public
> > trading career? Or
> > Soros? Or Buffet?
> >
> > From what I can tell in your posts, you have no real knowledge of
> > any of these
> > traders--you're just shooting from the hip. You read an article
> > and now you are
> > a qualified critic of public fund managers? How long have you
> > been managing
> > public money? Do you have a chunk of your own money invested with a fund
> > manager?
> >
> > The sage advice you offer is fine, on its own. But do you really
> > feel qualified
> > to say that these fund managers are 'history?'
> >
> > It's really easy to take shots at public figures from the 'cheap seats...'
> >
> > Tim Morge
> >
> > "M. Simms" wrote:
> >
> > > Remember a guy named Richard Dennis ?
> > > Back in the 70's and 80's, he was a top commodities trader....
> > > I believe he took a $50,000 account to something like 8 million
> > in a matter
> > > of a few years.
> > >
> > > His trading company "Dennis Trading" can be found on the bottom of the
> > > performance list in the recent edition of Barrons.....(-74%) YTD
> > > performance....right near the bottom.
> > >
> > > Whatever he did back then, apparently is not working in today's markets.
> > >
> > > Times change, markets change. If you don't change with 'em,
> > you're history.
> >
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