Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
|
I first learned how to trade for hedge funds in the summer of 1998. My first boss was… drumroll… a hockey player. His name is Tiger Williams. He’s was a visionary creating the 1st outsourced hedge fund trading platform for… drumroll… Tiger Cubs. Did I have any idea what I was doing back then? Obviously not. I’m forever grateful to Tiger for giving me that opportunity. Not everyone in this business is lucky to have mentors like I did. Jon Dawson from Dawson Samberg was another big one. I learned how to trade, analyze (and short) companies, and do Macro in that order. Dawson and his team taught me how to pick and trade stocks. I had no idea how to do macro back then either. For me at least, having no idea on how things are supposed to be done was a good thing. Unlike many of the Linear-Econs and market Strategists that I no longer waste precious Cycle Time reading, I learned my #process by doing it. I think that’s why it works. I don’t do what I used to get paid to do. That doesn’t work anymore. I’m not going to write about what isn’t working. I don’t want to offend anyone. I just want to help you get better. |
Click to enlarge
