Dear Leveraged Sellout, I’m You…Only Better…Bitch
Posted by Timothy Sykes on Fri 5th of Sep, 2008 03:55:31 PM
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Remember I wrote THIS post about the horrific timing/outright failure of Leveraged Sellout’s book “Damn It Feels Dumb To Be A Published Author?”
Well, now he tries to fight back in THIS interview with WSF…saying “Who the fuck is Timothy Sykes?”
I’ll respond to that in a sec, but understand his publisher is so desperate for sales, they even sprung for a THIS bad ass video and while it’s actually pretty funny/well done, it still isn’t helping him sell many copies of his over-hyped book (Amazon sales rank of 500 means 150 books/week)
Okay here’s my response:
1. Amit, you represent investment bankers, aka scum of the earth aka soulless aka universally despised…not only does my little publishing startup make more money than most IBers, I’m only getting started and I actually help others too. Damn it feels dumb to be a published author on such a hyped but shitty industry.
2. You’re wittier/funnier/smarter than me–how the f$%^ haven’t you figured out how to make more $/be more helpful to society than me?
3. Your industry/blog has been dying a slow death for the past several months/years and everyone knows it but you. You and your publisher shoulda woulda coulda admitted your failure outright and saved us the desperate attempts to hide the fact that your book is the financial equivalent of Little Nicky
4. I’m done wasting my time on this post cuz while it’s entertaining, it doesn’t do much good. Kinda like your blog/book/life/industry. You want lessons on how to be a better person/businessman, contact me HERE, you’re young so there’s still time for you to change.
Talk to ya soon bitch.
Now you can Twitter any questions/comments to TIMhelp and obviously you can follow TIM on twitter too!
Related Reading
50 Responses
Other Websites Referencing This Post
- Write-Offs: 09.05.08 | BBC WORLD NEWS
- What Guru’s are Saying : Write-Offs: 09.05.08
- Dear Leveraged Sell Out Little Bitch, Am I Right Or Am I Right? Or Am I Right? | TIM - Timothy Sykes
- The Pre-Publication Story Of Bernard Madoff | TIM - Timothy Sykes
- Dear Leveraged Sellout & All You ‘Damn It Feels Good To Be Bankers’, You’re Even More Pathetic Than Randall Lane & Doubledown Media | TIM - Timothy Sykes
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TIM Alerts
View All| Date | Stock | Position | Ideal Exit | % Gain |
|---|---|---|---|---|
| Nov 24 | KVHI | Short | $3.70 | 18% |
| Nov 20 | STSX | Short | $3.10 | 11% |
| Nov 18 | PERY | Short | $3.75 | 25% |
| Nov 11 | IIJI | Short | $2.80 | 5% |
| Nov 6 | CVI | Short | $4 | 15% |
| Nov 5 | MECA | Short | $1.95 | 51% |
| Nov 4 | CVI | Short | $4.81 | 4% |
| Nov 3 | NAK | Short | $3.20 | 5% |
| Oct 29 | EVC | Short | $2 | 26% |
| Oct 28 | HSNI | Short | $6.80 | 7% |
| Oct 28 | HSNI | Short | $5.75 | 4% |
November: 9 alerts, 15% avg gain
October: 11 alerts, 14% avg gain
Nice trades on COIN. I totally missed many this week.
The LSO book is hilarious!
Yo Tim. I’ve been following the blog for the past 2 months or so and recently started reading the archive of blog posts dating back to the beginning of the blog (or the oldest archived post) in October of 2007. I came across your top ten trading lessons learned, which, surprisingly lists #1 as:
1. No matter how much money you make in the stock market, be humble or else it will be the market that humbles you.
The blog posts the past couple days along with this one being the icing on the cake makes me pose the question, is that still your #1 lesson learned?
yes still lesson #1 learned…for trading….blog battles are just good clean fun
It’s crazy how our rules of trading comes from our own experience and personality. My first one is protect you capital.
That dumbass is hilarious….
Bankers are financiers; we operate at the highest intellectual levels, nurturing and stimulating the world’s economy…..i cant stop laughing…..
Aren’t those dumb bankers the reason the banks are going down one by one….
Tim,
Isn’t funny how even if a deal falls apart we can move on still collecting fees…
Whereas you blow yourself up and you are forced to become a media whore to weasel your way back to where you were.
Kudos for the effort and the entrepreneurialism but lets not throw stones.
Don’t you realize that article is written in character? IE as “Logan”, the fictional hyper-douchey banker? You’re actually ripping a fictional character!!! Congratulations Mr. Sykes, you have officially outdone yourself.
Can’t wait for you post on Fannie and Freddie getting fucked!!!
Don’t you realize that article is written in character BY A LEAVING BREATHING WANNABE BANKER SCUMBAG? IE as “Logan”, the fictional hyper-douchey banker? You’re actually ripping a fictional character WRITTEN BY A LIVING BREATHING SCUMBAG WANNABE BANKER!!! Congratulations Mr. Sykes, you have officially outdone yourself. THANKS!
yeah Sykes, get your facts straight.
A.Chat is a consultant, and he uses a fictional character to satirize bankers…pretty effectively.
Now go make fun of Sasha Baron Cohen for being a goofy Kazakh television personality.
CLOWN.
nah borat is useful in helping jews become less sensitive, LSO doesnt help anyone
whats happening with FRE????
Tim,
Regarding IDMI you said:
“yes it was covered, but it was too gradual to mention each day…u gotta add em all to your watchlist, as i do”
This is a great great point!
It is what drives me nuts too.
One cannot possibly talk about these everyday!
Peeps gotta follow along with the watchlists…if too lazy or busy…tough shit!
dude, are you the only person in the blogosphere without a sense of humor. LSOs initial comment ‘who the F is TS?’ was not that much of a diss…in fact, I would say that he wasn’t even attempting to insult you…he was just kind of plyaing off of his character, to whom several million dollars is pocket change. again, that’s his character speaking.
you got really riled up about that, then posted this post, which you described as entertaining. but it’s more entertaining in the sense of watching someone continue to either unravel, or become incresingly narcissistic. i mean, TS, there are so many people that have accomplished so much more than you, and have done so in a quiet, humble manner.
you give off this aura of insecurity, egocentrism, and if you do drugs, you need to get off them, but if you don’t do drugs, you need to start. start w/a little pot for that nice introspective touch first.
Oops, look what I’ve started. Glad you liked the interview Tim. I would love to interview you as well. Drop me a line and we can set something up.
Shane
“Isn’t funny how even if a deal falls apart we can move on still collecting fees…”
Yeah you just added to the arguement about how scummy and ridiculous and looking out for #1, not the customer’s interests, they are. No they don’t care if the deal fails they’ll still get their fee either way.
ciincinnati, i’m not definind my ego, i’m defending my brand…i could care less about the whole ego thing, that was so 2005
What world are you guys living in when a banker gets a fee for a deal falling apart? Maybe a tiny retainer, but not the success fee. We are incentivized to achieve the highest possible sale price for our clients. What is wrong with that structure? It is at least respectable. And maybe you make more than Analysts Tim, but not VPs+. Especially when they invest in the markets on the side, which I do. And I am your age.
nothing wrong with IB structure, just not helping as many people as i’m going to…and wait til u see my upcoming earnings reports, damn it feels good to be an indepedent!
You do help people, but there is a limit to investing in penny stocks. That is my only concern. How do you put $2 MM to work on penny stocks? Or $5 MM? When you get to that net worth, are you still going to invest in penny stocks is my question? I like banking. Those who hate it are Analysts and Associates.
Exactly! My trading ideas are for people worth less than $2mm or who wanna put a small amount of their net worth to work….luckily, many, many poor people in the world, most of whom enjoy 50/50 odds or lower at vegas…this is the new vegas, 70/30, 80/20 odds are possible down here in the gutter
What is your email?
Keep up the good work Tim. Thems and CincinnatusC are faggots.
tim i have 3,000 for trading is it good enough!!
Wonder where FRE is going to end up on Monday. Another reason to not play financials.
“The executives were told they and their boards would be replaced and shareholders would be virtually wiped out, but the companies would be able to continue functioning with the government generally standing behind their debt, The Times said.”
LS is satire.
Don’t get your panties all in a bunch…
What happened to your $10,000 Andy? Lost or taken away?
Anyway Tim,
your intraday chart analysis sounds interesting… I may buy your new DVD… your COIN trade mirrored mine almost to the penny, ha
who’d have thought
SKF Monday?
Mark,
whatch out for SKF on the open. Sometimes when everyone wants to short the pre gets very down and there is some take profit right at the open and then you can get squeezed.
What makes you think financials are going to fall? The FNM/FRE deal was the worst thing that could happen. Could it be the last bad news of all this credit crisis? Or is this a sign the economy is really going bad and the government is trowing the towel?
Anyways it suck. When the government puts money on the table big time it bad I think. It’s a real comunist move.
I have no clue where the market is headed on that news but surely it’s going to be interesting. Volatility creates opportunity.
Andy, it’s been said many times that 3k is enough. Well, it’S the minimum and you have to be picky on you moves and tight on your execution cuz you are allowed only 3 day trades every I dont remember how many days (5 I think).
>Wonder where FRE is going to end up on Monday.
Better question, are they going to open? lol
>Peeps gotta follow along with the watchlists…if too lazy or busy…tough shit!
Yeah, got to work on it. Area of weakeness.
new post:
http://www.timothysykes.com/ad.....-inc-beei/
for those of you that are crazy enough to hold financials overnight, justice has been served. if you bought or listen to tim you would know he thinks finanacials are def. something he doesnt like to play and i’m sure he would never take it into a overnight position
I personally don’t have any problem with financial plays. I don’t see how they are more sketchy to hold than an oil, bio, mining or whatever else. We can get our ass wiped on every play. Proper money management/position sizing is key.
the fact that soooo many people dont get that my rant is a joke too just shows u the kind of morons in this joke of an industry
You sound absolutely ridiculous in this post.
so i sound ridiculou,s what of it, blogging allows u to sound any wya u want, live a little!
i’m pretty sure your post wasn’t a joke. you got way too high-school-defensive.
you are just trying to play it off as one since you didn’t do your homework and realize that LSO isn’t even a real banker.
nice one.
“the fact that soooo many people dont get that my rant is a joke too just shows u the kind of morons in this joke of an industry”
Sykes — chill out dude. Take a joke too seriously and the joke’s on you. If you consider your post a “joke”, I suggest you never attempt to crack another to anyone but your 12 year old freckled cousin.
awww hush lil cucibcle monkeys, i’m gonna keep playing jokes on u cuz scumbags dont learn
TIM -
I’ve read your book 1-2 times, followed the blog since October, and generally am a fan of your work… how could you possibly get riled up about LSO??? He’s a joke!! it’s a fictitious character, like Mork & Mindy, Batman, and Speed Racer. If anything, one could assume that LSO’s creator actually respects your mission as his scorn was delivered as reverse satire.
Keep your head in trading man. Remember what happened last time you let your ego rule… doubled down on CYGT AFTER the trade moved against you.
matt
matt, this post was a joke, its even funnier others dont get that