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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Frank Pembleton who wrote (19933)6/17/2002 3:54:28 PM
From: AC Flyer  Read Replies (1) of 74559
 
>>AC... pissed a little, eh?<<

At what, Frank? I'm very happy with my investment returns.

>>FWIW - I've only been investing for about 4 years - I started with $2200 and now, I'm well into 6 figures.<<

Assuming that "well into six figures" means $150,000 (please accept my apologies if it's really $800,000) then you've achieved a ~187% compounded return over four (well, two and a half out of four, anyway) very difficult market years.

>>My goal in life is to become a professional stock speculator, and it's because I love it!<<

Frank, you're wasting an extraordinary talent on a ridiculously limited capital base. If I were you, I would write a one page summary of your four year trading results right quick, bind it with your annual brokerage transaction reports and FedEx it to the Managing Directors of the top ten hedge funds immediately. Your kind of talent will easily command a healthy SEVEN figure compensation package, especially as you've outperformed most of these wussy hedge fund losers by 150% compounded over four years.

Here. This'll get you started: businessweek.com
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