Nothing doing.
No doubt some of the guys that made this list deserve the props they get...but quite a few were JUST LUCKY as evidenced by their "casino-like" returns.
Which begs the question, "Who is a great trader?" One who consistently delivers Alpha or someone that returns 150% and follows that up with 2 down years?
+ Livermore blew up more than once, (and committed suicide after losing everything) post 1929.
+ Paulson is looking more and more like a one trick pony [APFund YTD ~ -11%]
+ John Arnold had obviously taken a good look at Enron's (one of the biggest energy players at the time) book before starting Centaurus.
+ Mad respect for Soros but he was more of a "portfolio-manager picker" (Niederhoffer, Druckenmiller etc) than a trader for Quantum. Betting against GBP was actually Druckenmiller's idea (that he found when drunk ) but Soros took credit for encouraging him to bet big.
Also, Soros sent his son to Niederhoffer to learn how to trade....that's saying something!
How Simons failed to top this list & Druckenmiller missed it altogether, I cannot comprehend.
P.S- Sorry to hijack the thread but are you guys watching this (& secretly rooting for Anthony Ward (Armajaro)?
http://markets.ft.com/te...055540&ss=WSODIssue
You, also might have missed this...
http://kenyanjobsandvaca...g-limited-jobs-and.html