Monday, October 20, 2014 9:05:42 AM
1. Man runs hedge fund giving investors advice.
2. Advice doesn't work, yet the adviser makes lots of money.
3. It has to be obvious that he isn't taking his own advice!
4. If you're not making money with his advice, then why is he giving it to you?
5. If 1. thru 4 is true, then he has to be doing something else, other than what he's pretending to do, which is give investors usable advice.
So, one must conclude that he gives advice that enhances his ability to make money doing the exact opposite of what he tells others to do.
The answer is to go back and follow him and observe what would happen if you did the exact opposite of what he says to do. If that turns out to be the case, then he is using investors not informing them.
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