Previous Post
Next Post

Great Time To Buy Stocks? David Herro vs. George Soros, Who Do You Think Wins?

Posted by Timothy Sykes on Thu 13th of Nov, 2008 07:49:59 AM
  Tags:

I’ll try to stay out of it and not let my bias get in the way of this great fight…I’ll only say when I wrote this post on October 10th about how there’s been no capitulation yet and received many many emails from people who said “I talked my subscribers out the greatest market rebound ever”, the market’s bounced a bit, dropped a bit and is dead even since that date. (How you like them apples?)

OK, forget staying on the sidelines–I at least tried for a sentence–(I am up 177% in the last year so I do have some credibility) these little sissy value investors might’ve had great runups over the past few decades (dinosaurs lived for millions of years and Egyptians ruled for 4,000 years), but they’re down 25-70% this year and no ideal investment strategy would EVER risk such massive drops.

I’ll tell you right now, whether we come back or not, value investing is not the great strategy sooooo many make it out to be (the great book “Triumph of the Optimists” might help change your mind, it did for me.)

So when I see piece of shit/media-and-asset-hogging-but-not-deserving value investors like David Herro who are sitting on mammoth losses right now, announcing on Tech Ticker that they are right and it’s the market that is wrong, my blood boils over and I turn into…

…and right when I’m about to lose control, I’m lucky enough to stumble on a thoroughly well thought out and written article in The New York Review of Books by a real Wall Streeter who eats sissy value investors for breakfast, and has hte net worth to prove it, George Soros

Spread This Post:
  • Digg
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • MySpace
  • StumbleUpon
  • Technorati
  • TwitThis
  • Yahoo! Buzz

TIMstore Monthly DVD Specials:

See all TIM DVD specials HERE

Related Reading

Previous Post
Next Post
  • A
    Not to take anything away from Warren Buffett or other "gurus" who have made a lot by buying during bull markets (ahem, Jim Cramer), but he has largely profitted from the fact that the broad market trend has gone up from the 1950s to today. He has NEVER lived through an 89% decline in market value (ala 1929-1932).

    Not to say that we are getting ready to face an 89% decline, but the leveraged conditions and state of the financial system are not too different from that era.

    Buying and holding stocks works when the broad market trend is up works, since 3 out of 4 stocks follow the market. The real stock pickers come out in times like these when the market trend goes down. That separates the men from the boys.
  • A
    Speaking of which, Buffett is underwater big time now on his Goldman Sachs investment. Just closed at 66. He is long at 115. Ouch, a 43% decline since he bought!
  • A
    Why anyone would buy a stock that has one of the most beautiful head and shoulders weekly charts (i.e. Goldman Sachs, GS) I have ever seen, blows my mind.
  • ggirl299
    your arrogance is puke inducing. Seriously........when you can speculate like Soros and make that kind of money.....you can compare yourself to him.........until then crawl under your rock....................
    This is the biggest waste of time/money ever. I should have given the $60 you cost to a homeless. yeah, one or two trades here and there all to sell more junk -aka dvds and books- Guys...........refrain from believing this asshole. The same info he provides is free out there....GOTS, Dark side of trading, Investors Live chat.
  • younggunz
    I thought Buffet has been dollar cost averaging from that $110 long position. I don't think he took his full position all at $110.
  • haha funny ggirl, maybe i'll hire u to be a maid in one of my houses in a few years!
  • A
    Buffett has warrants to buy $5 billion of common shares at a strike price of $115 anytime within the next 5 years.
  • Hedo_Turkoglu
    To be a maid in one of your houses? Don't you mean your parents house? I mean, a recent newspaper did say you had moved out of your apartment in the city and were living in your parents basement. Is that false?
  • ggirl299
    ASSHOLE. there isnt much more to say to your comment. may you have to spend the 60 i spent on your crap on medicines. I already have a maid, full time, which i can afford, and i bet you dont. What makes you think that because someone gets your service they are broke? maybe that's because your goal is to scam people who are really trying to make some cash. I made a genuine critisism which you couldnt take....and when you admitted in many opportunities that your goal is to sell crap -aka books and dvds- all i said is that your service wasnt worth it. You keep bashing shitty companies and your company is pure and total SHIT. When you cant provide services on time and as promised (your delayed email alerts, your delayed start of your sms service, etc) and when you complain customers are emailing you a lot because of things you didnt do as promised, there's something fucked up. PEOPLE ARE PAYING YOU FOR A SERVICE! and you dare complain that they are complaining too much when you dont do as promised? Look bottom line is that yes, you might be up 190% on 20k.........you were up this much in the past too........but when the time of big money came you failed. and now you are a book seller. ASSHOLE.
  • LOL hurt me hurt me, thanks for the entertainment for my readers, u help me make more $!
  • younggunz
    I do agree you need to stop setting release dates you can't keep or don't really have control to keep. I know you're trying to be as transparent as possible but there is a reason many companies don't set dates unless they are dead set to make that date.

    I realize you are doing multiple products at once but I think that is the problem you are a very ambitious person and you have a lot of stuff on your plate. Hopefully after all the filming and stuff is done that you can get back to the basics and focus on addressing the kinks that have developed from growing so much so fast.

    I am encouraged by the fact that you are reinvesting your profits back into your business and you're actually pursuing additional employment to keep you from getting so tied up in issues that keep you from trading.

    Being in the IT industry I know how annoying it is when everyone wants a magic button to fix their problems. I realize that issues you're facing are not instant fixes but many other people obviously don't understand that. You're not helping yourself or them by announcing when this or that will be fixed or when this or that will start. All that I think will improve as you grow and learn how long it takes to develop new things. Like your 10 steps to start a hedge fund, it takes longer to get things done in the real world then in the trading world.
  • yg, wtf r u talking about? whhat kinks?
  • SKO
    I'm sorry GGIRL but I have to make a few comments.

    First of all I'm not paid by TIM or related to him in anyway.

    TIM has never concealed the fact that his primary motive and business is to sell books, DVD's and seminars. His business case is that he will tell you what he does and if you like it, and understand it, then go ahead and give it a go.

    You can also sign up to TIM Alerts and see what he is trading in real-time. I think there are some fundamental misconceptions about TIM Alerts. They are a guide. I ignore 90% of them because they don't fit my trading style or the situation in which I find myself. You're not a sheep. just because TIM trades doesn't mean you have to.

    What they are, are an excellent extension of the service. He's saying "here this is my trading philosophy and here are my actual trades". If you study his approach you can get up early, do your own research and find your own trades and profit as well.

    I have followed TIM's trades and I have done my own based on his philosophy. I started at the beginning of this market crash and my account is up 7% in 2 months. Not spectacular but I'm more than happy.

    If the experience of the past year in the market doesn't highlight that nobody on Wall Street gives a toss about anyone then read this fantastic article: http://www.portfolio.com/news-markets/national-...

    Finally he is arrogant and god bless him for having the bollocks to put his neck on the line. I'm seriously considering giving up this catholic gig and switching teams to the jew boys because I like their style ;-)
  • sebbid21
    Tim---i agree with the last post. I am a huge fan, and i subscribed, but the failure on the emails to reach all on the alerts side is troubling---especially to your business model.
    I would hope this gets straightened out, but if not, then you need to address it immediately and publicly, whether it is with a discount, or by telling all they must have gmail---upfront and not after the registration process.
    I will continue my subscription since i believe in your product, but am waiting to see what happens.
  • younggunz
    Maybe kinks is not the right word. Basically I am trying to say that what you are doing has a ton of potential to be even better then it already is. Some of the things that are slowing that down are the fact that you have so much being developed at once. Now that the DVDs are wrapping up hopefully that will help get the other stuff out the door faster.
  • you've got website, chat, emails and now sms, no other newsletter gives that many options
  • James K
    Value investing makes sense only if you have a bubble when you retire. If you have to draw assets out during a superbear, you're screwed. Buffett will do fine but other older value guys will be hurting.
  • ggirl299
    Tim is a spam/bookseller/lousy infomercial not even worth it at 3am. I never expected his trades or pics to make me money, as someone said it's a guideline but even as a guideline is worse and worse as time goes by. I did check his trades real time, I check his pics and what I can say is that his service is not worth it. First, he sends some pics/analysis every day but most of the time is some evaluation of what happened with his earlier pics or trades and yes, he does include a few more........but who needs his analysis on earlier days? if you traded a stock you dont need him saying if it's up or down. He gloats on the great website and tools (yeah, tool he is) but.....emails are terribly delayed, sms didnt start as he himself promised, chat is horrible, crashes computers, the interphase is terrible the only one really benefiting is him from the ads, let's remember the chat release was also delayed a lot........instead of really caring about people who pay he decided to do an upgrade or whatever on a market day (timalerts log in problems continued and he sent another email for those who DIDNT REMEMBER he had warned about maintenance or whatever)
    I am making valid critics.....I used the service.....and it SUCKS. He as bad as all the pennystock companies he laughs at.........and he does the same crappy PR does stocks do..........He is exactly what he critizices..........even people on GOTS chat were shutting up those who spoke about him.........TIM SUCKS. yeah, i am making you money.......you should be grateful....and you dare put yourself in the same place as Soros! go make some money, you need it........i dont.
  • michaelangelo
    ggirl,

    You need your diaper changed or something??
    I hear alot of crying here!!
  • younggunz
    The alerts were a response to such high demand from people wanting to know when he traded. I don't know if you followed Tim's site before he started Tim alerts but before then there were tons of people asking him to do something to show him trading in real time. It is something that he already likes to do and was successful enough at that he decided to profit from the demand. Isn't that everyone's dream job?...Find what you're good at and figure out how to get paid for it.

    The only problem with the email is that it got too big. He is working at giving several options to receive the alerts.

    I personally am waiting to see how the TimTicks will turn out. I am happy that the chatroom was started but was always under the impression that the chatroom that we were using was a temporary thing until Timticks started. I can't take advantage of the sms but there are several people that will be able to. I don't know if you really understand how much resources it takes to send stuff out to over 800 people.
  • ggirl299
    Evidently Tim is an asshole who is followed by a bunch of brainless followers who cant think for themselves and just follow him blindly. but i'm just a bitch!
  • lmsmith
    This site has become really entertaining--- lol
    ggirl299- in regards to your post- free service is the best service...
  • ggirl299
    yes i am a bitch
  • ggirl299
    To the editor..........
    thank you for being such an asshole...........I am one of the lucky ones with a lot of free time and no need to work. I will have fun on my next project. Stay tuned you will not be able to edit that one.
  • bassman52
    Nearing 250 dollar profit on a big bounce from ISRG bought at 149 and still holding!!!

    wish i coulda bought more shares!!!!!

    Much love TIm ! brush your shouldas off son, NO love for these HO's!!!
  • buy the numbers
    gg you are definately not a bitch, moron yes bitch no, hmmm dvd refundable Tim Alerts month to month no contract , verified trades. 100% tranparency. If you don't like it who is forcing you to participate?

    What you don't realize you idiot is you are really comenting on the Tim alert members who pay freely and are profiting or they would cancel. You are to stupid to realize you suffer from the same arogence you acuse others .

    New business growing pains, What a shock Are you sure you are not a maid?
blog comments powered by Disqus




Start Here

Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $58,000+ even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 2000+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS instructional DVD.

Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.

To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!

TIM Trades

View All
Date Stock Buy Sell Net
Nov 4 COT $8.66 $8.88 $642
Nov 4 QXM $4.61 $4.89 $822
Oct 30 DDRX $25.70 $26.53 $812
Oct 29 CTDC $4.00 $4.42 $781
Oct 26 AWSL $3.24 $4.10 $2516
Oct 23 RODM $5.27 $5.23 $301
Oct 22 AMLM $2.69 $2.97 $820
Oct 22 USEG $6.12 $6.09 $85
Oct 20 CBOU $8.93 $9.06 $243
Oct 16 VRMLQ $16.79 $18.65 $2773
Oct 13 YONG $11.05 $11.66 $1202
Oct 13 NPHC $0.59 $0.71 $583
Oct 12 IMGG $0.60 $0.70 $682
Oct 9 ZAGG $5.50 $6.10 $2380
Oct 7 GVBP $0.03 $0.27 $702
Oct 1 NPHC $0.70 $0.85 $1482

Total: $90,368 (628%)