Richard Driehaus Profile
Richard Driehaus is famous as founder of Driehaus Capital Management which produced compounded annual return in excess of 30% net of all fees over 12 years.
Legend of the Turtle Traders
Well known within the trading community, Richard Dennis and William Eckhardt have forever changed the landscape of commodity trading. Not only amassing fortunes themselves, Dennis and Eckhardt created a whole school of trading which, merely off a bet, made 23 lucky students very rich.
Paul Tudor Jones Profile
Counterpunching is the key to success for legendary investor Paul Tudor Jones II, founder of the hedge funds group, Tudor Investment Corporation.
David Tepper Profile
David Alan Tepper bets big and wins big on big banks and stocks. Appaloosa Management, the Chatham, N.J. fund he founded and manages, held more than $1.2 billion combined in the four biggest U.S. banks, according to a filing with the Securities and Exchange Commission, after he raised his bets on them during the fourth quarter of 2010.
Trading Systems 101
Traders buy and sell for a variety of reasons. Some traders will make decisions based upon news headlines or gut feelings. One may read that gasoline prices are at record levels and decide they have to go down, while with equal certainty another trader decides the news justifies even higher prices. These strategies rely on luck, rather than mathematical probabilities, to succeed.