I read the article below after googling the name of incredible guru.

The problem with investment newsletters and other products are they are marketed very, very well but they seem to only tout their success and not their real track record.

You have to be skeptical going in on anything you buy. And you have to do your research.

I was skeptical because this is a former hedge fund manager. Why would someone that could make $1 billion plus per year and work from anywhere start a high priced newsletter for the average investor for $5,000 for a lifetime subscription plus a small annual service fee.

So a simple google search brought this article up. Names have been hidden. Now maybe this guy will regain some of his success of almost 19 years ago. But I would be very cautious.


"After Blowing Up His Hedge Fund, XXXXX XXXXX Is Starting A Financial Research Company
Nothing tells the investing public that you're a titan of financial research quite like blowing up your hedge fund. Twice.

At least that is the logic XXXXX XXXX apparently thinks people will apply when buying analysis from his newly formed financial research company, XX&&&&& Financial Research, which he officially announced would launch on Friday.

XGSTEYU, who famously blew up closed XXX$$** Capital Management in 201X (5 years after shuttering its predecessor ##%^) after getting his ass handed to him by the market “sustained underperformance” has been sending out *&^$$## Learning newsletters to his 7,500 subscribers since then, according to Bloomberg. He is hoping to broaden his reach by partnering with #%^&$# Research and launching a monthly newsletter by April 2019.

And he's already off to a great start. When asked about the new European regulations around financial research contained in ####@@$$, &%$^^* stated: “I had to Google XXRQCV, so there's your answer in how big a role it played in our assessment of the opportunity.”

XXX&&%, who seems to be having some type of midlife identity crisis, also sent out an e-mail Friday, referring to himself as a “guru” and touting his successes:

“For more than 20 years, I've been a proud and passionate member of the “church” of Graham, Dodd, Buffett and Munger. To give back to this community that's given me so much and made such a difference in my life, I've sought to spread the gospel of sound value investing to as many folks as possible.

I've had some success doing so…”

The analysis could be a welcome change for qqqqq's 7,500 subscribers, who have been treated to e-mails about a vast array of non-finance related topics, like his time at $##%% ^&#*($# bootcamp with RWTY ^#$% and his most recent colonscopy.

“I had a colonoscopy last week and, while the prep wasn't so fun, overall it was a perfectly tolerable experience and I'm glad I did it,” he said in a 2017 e-mail he fired out to his list.

XDERWT had relaunched his first fund YERG%##@ Partners, as UIETYE$@%$ Capital in 2012 after losing -24.9% in 2011.

Here's a thought: instead of launching a research firm now, perhaps ($^#@ should've thought about the concept of “doing research” while he was actually managing client money."

From Zero Hedge
[Post edited by VaAkita at 04/18/2019 01:44AM]