Sunday, April 29, 2012
The way rich people invest
There is only one way to earn 20%/year. You have to live through breathtaking draw downs. Up 40, down 30, down 15, up 20, down 10, up 50...if you can handle volatility then trend following is the way to go. What is so amazing is listening to the inane questions of these financial journalists. They do not seem to know anything about what Winton Capital does! This is the method that made George Soros his fortune besides many others that you might have heard of but who chose to remain anonymous because they are making money hand over fist.