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Re: GEN: MONEY MANAGERS?



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So let us know: Where can I find a nice CTA who'll trade my money? And why should
I trust his gremlins, rather than mine? Plus How do I know my gremlins will live
in harmony with his???

Gwenn


Paul Brittian a écrit:

> I know I'm responding to an old post, but sometimes it takes weeks for
> me to catch up to all my e-mail.  I'd like to address the misconception
> of ful-time traders, who are savvy and successful in their trading, and
> CTA's.  For the most part, 9 out of 10 full-time traders will take
> advantage of managed accounts offered by CTA's with decent track
> records. You see, because the commodity markets are so narrow in
> comparison to the securities market, true diversification is a
> diversification of talent, not markets.  The more bonafide talent you
> have working for you, the better your odds are for success.
> Paul Brittain
> charles meyer wrote:
> >
> > It is not uncommon for even very savy traders to diversify and let other
> > money managers handle a portion of their portfolios.  My position on this
> > is that unless a money manager can deliver both consistent and superior
> > returns--clients are working for the money manager and not the other way
> > around.  Stated another way, it's a better deal for them than it is for the
> > clients--and at no risk.  I came to this conclusion after a slightly
> > negative
> > experience with a couple of managers.  (Lost very little--didn't make
> > money)
> > I would be grateful if anyone could share with me who they use?  Has any-
> > one found a good manager through the use of "Nelson's"?  We all know
> > the vast majority of track records are mediocre so the search is
> > difficult--
> > along with insuring they stay on target.  Thanks for the favor of and
> > replies
> > and feedback.
> >
> > Charles.