Category: Trading Greats
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William Eckhardt’s Market Wizard Trading Strategy Explained
William Eckhardt is a Market Wizard and Godfather of the popular trend-following trading method: The Turtle Trader. Eckhardt, a former mathematician, left the academic world to pursue trading full-time and never looked back. He raked in profits and generated an average return of 62% in the twelve years before his Market Wizards interview. Eckhardt was…
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Mark Ritchie’s Trading Strategy Explained
Mark Ritchie was one of the greatest traders of his generation. He started trading in 1987 with a $1M account and generated a 50% annual return over his first four years. In fact, 90% of Ritchie’s trading weeks were profitable. Mark is a self-taught Market Wizard. He scraped by during his early trading years working…
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Richard Dennis’ Turtle Trading Strategy Explained
Richard Dennis is a legendary trader famous for his trend-following approach to trading and his successful experiment with a group of novice traders known as the Turtles. This blog post will provide an in-depth overview of Richard Dennis’s trading strategy and explain how it works, including its fundamental principles, advantages, and disadvantages. The Turtle Trading…
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Marc Cohodes’ Short Selling Strategy Explained
Marc Cohodes from the Big Short is one of the most popular short sellers in the game. He’s spent the last few decades exposing failing business models and fraudulent management teams as a PM at Copper River Management, greatly increasing his net worth in the process. Today he manages his own money with the same…
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Michael Burry’s Investment Strategy Explained
We analyzed every Michael Burry write-up on Value Investors Club (VIC) to break down his investment strategy and learn how he dissects stocks.The following are Burry’s five factors for approaching potential investments. He looks for: Small and micro-cap companies that are illiquid Downside protection Low share counts Value on an absolute basis Unrestricted parameters Let’s…
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Jamie Mai’s Trading Strategy Explained
Jamie Mai is a hedge fund manager who has generated world-class returns for Cornwall Capital, a fund he founded after studying history in college. Mai returned 42% per year for investors (net of fees) during the fund’s first nine years. $100,000 initially invested in Mai’s fund would’ve been worth $2,347,000 by the end of year…
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Bruce Kovner’s Trading Strategy Explained
Bruce Kovner has every attribute you’d want in a great trader. He generated a ~90% CAGR during his ten years at Commodities Corp. After that, he opened his own shop and compounded capital at ~21% for 28 years. Peter Brandt – one of the greatest traders of all time – calls Kovner “probably the best…
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Linda Bradford Raschke’s Trading Strategy Explained
In the following piece we’ll break down Linda Bradford Raschke’s trading strategy along with the tools she uses to consistently beat the stock market year after year. I realize that I’m only human, and that I’ll always make mistakes. I just try to make them less frequently, recognize them faster, and correct them immediately! We…
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Ed Thorp’s Trading Strategy Explained
Ed Thorp, the father of quant investing, might be the most impressive market wizard. He turned seemingly random processes into predictable events, transforming the art of speculation into a science decades before Wall Street’s quants became mainstream.His domination in the financial world began in the casino. Thorp figured out how to beat the most “unbeatable”…
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Lessons From A Trading Great: Jim Leitner
Jim Leitner is the greatest macro trader you’ve never heard of. He was once a currency expert on Wall Street, pulling billions from the markets, but now he plays the game through his own family office.Leitner understands the Macro Ops “go anywhere” mentality better than any other trader (excerpts are taken from Drobny’s “Inside the…