🤡 Who would you like to see in your fin.the advisors?
🤡 Who would you like to see in your fin.the advisors? The analyst or the trader-practice?⠀
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🤔 In the last article, we told you about how important it is to have my personal opinion, trading on the exchange. And also showed how this can affect your account. And in this publication, we will give an example of someone who is more profitable for you to listen to, in monetary terms, for your pocket (this is important to cut, because it can also be profitable for emotional pleasure). Let's start with our hero of the publication. ⠀
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Bill Ackman is an American financier and entrepreneur, founder and CEO of the Pershing Square Capital Management hedge Fund. Ackman is characterized as a person who has a very peculiar attitude to the choice of personnel. He employed a fishing instructor, a former tennis player, and a taxi driver. Interesting choice, isn't it? But all sorts of things happen, and most likely he did not take them to the position of asset management. Now think about yourself. Who do you hire or read most often? 95% of analysts write about what has already happened. They find and describe the reasons for the past movement, and most do not even have their own lengthy trading track that they can confirm. You can hear a lot of reasons why they don't. And when you ask them to prove their competence (for example to ask in advance to pay 5-6 trading ideas), you get the same reason.⠀
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⁉ app Question - maybe we should be more careful who you hire? What is your opinion? ⠀
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By the way, bill Ackman is also known for his attacks on Herbalife, which he called a "network pyramid". The market Commission conducted an investigation after Herbalife shares fell by 20% in one trading day, the firm's management pointed out that this was preceded by an interview with Ackman, in which he mentioned the company as the most effective pyramid of the XX century
You can find the quotation chart in the article.
⠀
🤔 In the last article, we told you about how important it is to have my personal opinion, trading on the exchange. And also showed how this can affect your account. And in this publication, we will give an example of someone who is more profitable for you to listen to, in monetary terms, for your pocket (this is important to cut, because it can also be profitable for emotional pleasure). Let's start with our hero of the publication. ⠀
⠀
Bill Ackman is an American financier and entrepreneur, founder and CEO of the Pershing Square Capital Management hedge Fund. Ackman is characterized as a person who has a very peculiar attitude to the choice of personnel. He employed a fishing instructor, a former tennis player, and a taxi driver. Interesting choice, isn't it? But all sorts of things happen, and most likely he did not take them to the position of asset management. Now think about yourself. Who do you hire or read most often? 95% of analysts write about what has already happened. They find and describe the reasons for the past movement, and most do not even have their own lengthy trading track that they can confirm. You can hear a lot of reasons why they don't. And when you ask them to prove their competence (for example to ask in advance to pay 5-6 trading ideas), you get the same reason.⠀
⠀
⁉ app Question - maybe we should be more careful who you hire? What is your opinion? ⠀
⠀
By the way, bill Ackman is also known for his attacks on Herbalife, which he called a "network pyramid". The market Commission conducted an investigation after Herbalife shares fell by 20% in one trading day, the firm's management pointed out that this was preceded by an interview with Ackman, in which he mentioned the company as the most effective pyramid of the XX century
You can find the quotation chart in the article.
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