Sykes’ Saturday Seventeen: March 1st, 2008 Edition
UBS now sees financial industry losses at $600 billion, now we’re talkin’, c’mon $800 billion, do I have a bid at $800 billion, okay, you sir with the Arab head-dress, $800 billion it is, do I hear $1 trillion, can I hear $1 trillion, anybody, anybody, anybody?
One of my now 2,500+ Facebook friends painted a portrait of Gordon Gekko, check it out!
One of the many advertising options on this new site, a link in that little “Are You In My Top Spots?” box can be yours for $20, only a couple left, get ‘em while they’re hot
Too bad Motley Fool doesn’t allow their readers to rate companies with marketcaps of under $100 million, besides the majority of their “writers”, there’s a whole bunch of idiot investors there, wish they’d come down to our neck of the woods so we could take their money!
Hey, check this out, finally got a video clip of my DVD I keep blabbing about up on Youtube, do I hear a $297, anybody, anybody, anybody, you sir in the Arab head-dress?
Here’s a funny powerpoint for anybody into celebrity pics and not from Ohio
Check out my thoughts on real estate and broker stocks!
One of my friends produced this new movie, go see it!
My latest AOL article, why not all agriculture stocks are created equal
See my review of episodes of three and four of the new season of Wall Street Warriors
Speaking of MOJO TV shows, Bobby G is now in full control of Clearly Canadian Brands (OTCBB:CCBEF)
Celebrities, big-time hedge fund managers, pffffff, why investors should never get starstruck
Interesting article about the beginnings of online financial journalism
Why you should never trust Bermuda-based brokers, or really anybody based in Bermuda, sketchyyyyyyyyyyyyyyy
Oh well, investors can always guzzle down their well deserved losses with some nice cool energy drinks
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1RudolphLau
March 1st, 2008 at 3:01 pm
Just finished reading your book… I like all the details on how you lost money rather than those where you were making money, not because I am anti-Tim, but because it makes realize that making mistake, huge mistake is really part of the game. Thanks Tim! Keep watchin ya!
2timsykes
March 1st, 2008 at 3:11 pm
EXACTLY! That’s why I always say I learned more from losing hundreds of thousands of dollars than I did from making millions. I’m not ashamed/embarrassed, I’ve been Forrest Gumping my way through this all along so I was due for a fall. The good nes is that it makes me infinitely stronger/wiser/more conservative, so while it definitely sucks, I’m very thankful to have learned those lessons at such a young age so I can apply, apply and teach, teach them!
3Funterpwave
March 1st, 2008 at 3:49 pm
About Fools…I was a member and while they do have some good ideas for stocks, I have to say that their picks have gotten worse and worse and have taken me completely out of the value investing world. Can’t even begin to tell you how badly their stocks did in the last 6 months. If they were such great value stocks, should they really bomb this much more than the market??? Hummm, on to speculation…
Finished your book as well, LOVED IT, and am eyeing your DVD. But first, must digest the idea of the $297…one step at a time.
Nice February month on Covestor, Keep it up!
4RudolphLau
March 1st, 2008 at 3:58 pm
One thing, you were a lucky boy! I don’t deny that your strategy is valid (it’s proven anyway), but you got lucky at the very beginning, you made a lot before you got the big hit. A lot of newer traders get caught in the very beginning, confidence swept away and out of the game. I wonder what will you be doing now if you are not the successful Tim right now (ok, you lost a lot of money, you closed your fund bla bla bla but I still think that you are successful up till now). Having a job at Wall Street? A high school teacher?
By the way, I am Singapore. I’ll be damn excited if I could see you at the ATIC in the future. Check this out, http://www.theatic.net/2008/index.php?city=sg
5timsykes
March 1st, 2008 at 4:06 pm
Motley Fool, TheStreet.com, all these media outlets only care about hits, none of them do very well with their picks because they simply just have to write about the most actively traded stocks. Thats why I see soo much opportunity in getting less hits/traffic but covering stuff that actually works!
Yes I was successful at the start and for all my mistakes, I’ 30% off y highs. Boo hoo, the keys to my success are hard work and honesty. I still work 20 hour days and whether my strategy continues to outperform or not, people will continue to come to me because they know I hold nothing back. My work is my life and nothing is more fulfilling than cutting through all the frauds/BS out there who market their way to popularity. All I can do is write about and teach what I know to be true, for better or worse. In time, honesty shall prevail