My most admired local trader has hung up his guns.
“In past years, I have been doing 18-hour workdays with very active positions’ management to keep downside volatility of funds very low. I cannot do that with my current health conditions.”
C, who wore his faith openly in an industry where attributing your trading/fund management success and acumen to anything less (or more) than human/quantitative skill is a sure path to killing any fund-raising effort, had previously credited his religious faith for climbing out of severe drawdowns and referenced biblical verses for trading wisdom (openly on his company site).
His fund’s Sharpe and Sortino ratios are…simply exemplary.
“The race is not to the swift, or the battle to the
nor does food come to the wise or wealth to the
brilliant or favor to the learned;
but time and chance happen to them all.”
“A traveller! I love his title. A traveller is to be
reverenced as such. His profession is the best symbol
of our life. Going from _____ toward _____; it
is the history of every one of us.”