Comments on: Book Launch: An American Hedge Fund http://thecuriousinvestor.com/2007/10/02/book-launch-an-american-hedge-fund/ Learn to invest in the stock market. Thu, 07 Aug 2008 23:59:38 +0000 http://wordpress.org/?v=2.5 By: Ben S. http://thecuriousinvestor.com/2007/10/02/book-launch-an-american-hedge-fund/#comment-6526 Ben S. Sat, 01 Dec 2007 18:10:14 +0000 http://thecuriousinvestor.com/2007/10/02/book-launch-an-american-hedge-fund/#comment-6526 I read Tim Sykes mediocre hedge fund book since I knew him at Tulane, and like him as a person. However, the book is an empty and uninspiring story about how Sykes became a self-absorbed irresponsible stock trader. This book is NOT a “classic” and story is NOT “Rocky-like”(as author Sykes claims). This book is basically like a blog of an average person who got lucky trading stocks and then his luck ran out (which it really should be - blog and nothing more). Beware of all the phony glowing reviews for Sykes Book. Its the good ole boy network in high gear where authors/investment advisers use the buddy system to give fake good reviews to each other. Sykes put the term “stock operator” in title in order to confuse all future book searches for Jesse Livermore’s excellent story (Reminiscences of a Stock Operator, by Edwin Lefèvre (1923)). This cheesy trick might help book sales, but needless to say, Sykes has nothing in common with the great trader Livermore. Sykes comes across like a hyper/immature/video game player-type Trader, which worked for him for a few years; then the law of averages caught up with him. His “return to the mean” continues during the past two years; and his very poor investment strategies are DOWN -37% since Jan 2006. His continuous bad performance throughout 2007 shows that he does not learn from his mistakes; and readers can only cringe while watching Sykes slow motion demise into a worthless snake oil salesman. I read Tim Sykes mediocre hedge fund book since I knew him at Tulane, and like him as a person. However, the book is an empty and uninspiring story about how Sykes became a self-absorbed irresponsible stock trader. This book is NOT a “classic” and story is NOT “Rocky-like”(as author Sykes claims). This book is basically like a blog of an average person who got lucky trading stocks and then his luck ran out (which it really should be - blog and nothing more).

Beware of all the phony glowing reviews for Sykes Book. Its the good ole boy network in high gear where authors/investment advisers use the buddy system to give fake good reviews to each other.

Sykes put the term “stock operator” in title in order to confuse all future book searches for Jesse Livermore’s excellent story (Reminiscences of a Stock Operator, by Edwin Lefèvre (1923)). This cheesy trick might help book sales, but needless to say, Sykes has nothing in common with the great trader Livermore.

Sykes comes across like a hyper/immature/video game player-type Trader, which worked for him for a few years; then the law of averages caught up with him. His “return to the mean” continues during the past two years; and his very poor investment strategies are DOWN -37% since Jan 2006. His continuous bad performance throughout 2007 shows that he does not learn from his mistakes; and readers can only cringe while watching Sykes slow motion demise into a worthless snake oil salesman.

]]> By: Dan Hung http://thecuriousinvestor.com/2007/10/02/book-launch-an-american-hedge-fund/#comment-6269 Dan Hung Mon, 12 Nov 2007 21:56:50 +0000 http://thecuriousinvestor.com/2007/10/02/book-launch-an-american-hedge-fund/#comment-6269 I allowed this post the first time because it seemed to be legitimate, but I have since received several such comments with similar wording and all caps text and I believe it is the work of a spammer. I'll leave the first one as I believe that it does show that there is some hateful backlash against Tim Sykes. Whether warranted or not, that's for people to decide for themselves. I allowed this post the first time because it seemed to be legitimate, but I have since received several such comments with similar wording and all caps text and I believe it is the work of a spammer. I’ll leave the first one as I believe that it does show that there is some hateful backlash against Tim Sykes. Whether warranted or not, that’s for people to decide for themselves.

]]> By: Steve Cohen http://thecuriousinvestor.com/2007/10/02/book-launch-an-american-hedge-fund/#comment-6261 Steve Cohen Sun, 11 Nov 2007 17:34:07 +0000 http://thecuriousinvestor.com/2007/10/02/book-launch-an-american-hedge-fund/#comment-6261 I READ SYKES WORTHLESS BOOK AND IT HAS NO SUBSTANCE. THERE ARE PLENTY OF OTHER BOOKS THAT COVER THE SAME SUBJECT MATTER FROM PEOPLE WHO HAVE A RIGHT TO EVEN AUTHOR A BOOK ON THE SUBJECT. THIS WORTHLESS BOOK IS JUST AN ATTEMPT AT COMING UP WITH A CATCHY TITLE TO GENERATE HITS ON A SEARCH ENGINE. SAME OLD TIRED INFORMATION PRESENTED. SYKES IS A FAILED HEDGE FUND MANAGER, NOW BECOMING A SNAKE OIL BOOK SALESMAN. BOOK NOT WORTH $20. I READ SYKES WORTHLESS BOOK AND IT HAS NO SUBSTANCE. THERE ARE PLENTY OF OTHER BOOKS THAT COVER THE SAME SUBJECT MATTER FROM PEOPLE WHO HAVE A RIGHT TO EVEN AUTHOR A BOOK ON THE SUBJECT.

THIS WORTHLESS BOOK IS JUST AN ATTEMPT AT COMING UP WITH A CATCHY TITLE TO GENERATE HITS ON A SEARCH ENGINE. SAME OLD TIRED INFORMATION PRESENTED.

SYKES IS A FAILED HEDGE FUND MANAGER, NOW BECOMING A SNAKE OIL BOOK SALESMAN. BOOK NOT WORTH $20.

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