Tim sent me a copy of his new book An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund last month. I finished reading it recently but just did not have time to write a review. As I am located in Australia, I have a little idea about Tim Syke who in fact is pretty ‘well known’ in CNBC and on the web. I did a quick search in Google, some good and bad comments are popping out about this young man.
So, how’s the book? Absolutely entertaining. To some new trader, it might be even inspirational to them. I like the way he wrote the book. Simple English, straight forward, telling you the who process of how he turn 12k to million and subsequently setting up his Cilantro Hedge Fund. In fact, most of time, you will find some of his experience are so similar to yours, to most of traders.
Cilantro Hedge Fund is closed now. I received an email from the fund itself last weekend.
Trading is a pretty boring business. You shall agree with me, otherwise, you are gambling. While waiting for your setup, I think it might be a good idea to get a copy of this book and enjoy.