So the new Traitor Monthly 30 under 30 list is out and Dealbreaker.com is of course covering it, somehow always circling around back to me…thanks guys!
In THIS first article entitled “Dethroning Tim Sykes”, DB by way of TM features a 14 year-old trader named Christopher Davis:
Davis, who just started high school this week, began trading at the age of 11 when he bought a bunch of shares of Peapack-Gladstone Bank. He’s up more than 90 percent on his own money and still holds those first shares. And he says things like “they have very few non-performing loans and pay a nice dividend,” and, of the adult members of his school’s formal investment committee, whose meetings he sits on, “I like to keep them on their toes,” which sounds like something Sykes would say but in this case doesn’t come off so Sykeish so much as it warms the cockles of our heart. Also, it’s common knowledge that little kids posing (a la exhibit A to your left) and acting (a la: “Christopher often shows up to my office to discuss investment ideas with the Wall Street Journal in his hand,” said adviser Sam Goldfischer) like adults is downright adorable.
But DB, unlike TM, likes to give those they feature an opportunity to respond, so in THIS follow-up article entitled “Tim Sykes Worried About The Negative Effects Of Fame”, I respond with:
“I think everyone should start this young, I just hope ‘Trader Daily’ just doesn’t warp this kid’s sense of values…as you know editor-in-thief Randy Lane is all about spending all the $ made from trading, preferably on his sponsors’ products…”
And that about sums it up. Young traders good. Traitor Monthly way of thinking bad. Dangerous to mix the two.
Oh yeah, HERE’S the link to the rest of the 30 under 30
Tags: Interviews, Press
