Seeking Alpha

Macro Investor  

View Macro Investor's Comments BY TICKER:
  • Apple: Learn From Andy Zaky's Mistake [View article]
    He should have made far more money off of his subscribers than he did. That's what is tragic about it.
    Mar 9, 2013. 01:44 PM | Likes Like |Link to Comment
  • Apple: Learn From Andy Zaky's Mistake [View article]
    What do TA followers do when Head and Shoulders don't work? Use Selson Blue?
    Mar 8, 2013. 06:11 PM | 1 Like Like |Link to Comment
  • Apple: Learn From Andy Zaky's Mistake [View article]
    That's why people should buy and hold indices.
    Mar 7, 2013. 11:32 PM | Likes Like |Link to Comment
  • Apple: Learn From Andy Zaky's Mistake [View article]
    As are all hedge fund managers, Ashraf. a full 90-95% of them trail the market. But the name of the game is not to make money for your investors. It is to make money for yourself by losing money for your investors. Apparently people have followed Andy's advice and lost about a billion in total. That should have gotten him at least 5-10M in fees, but sadly he was only charging people $2,400/year to read his advice and lose money. He should have upped his price. By a significant margin. And then some more.

    That, frankly, was the main error Andy made. Do you think John Paulson would lose a billion without taking at least $10M in fees? No sir, Paulson is not that cheap.
    Mar 7, 2013. 07:20 PM | Likes Like |Link to Comment
  • Apple: Learn From Andy Zaky's Mistake [View article]
    Derivatives are great if you can predict the market. Trouble is, no one can. Anyway, Andy is now trading puts and calls on S&P500. Which is a little better than trading puts and calls on a single stock.
    Mar 7, 2013. 07:11 PM | Likes Like |Link to Comment
  • Apple: Learn From Andy Zaky's Mistake [View article]
    Now, the real learning from the Andy story is to never, evr, buy an individual stock. Invest in the S&P500 instead.
    Mar 7, 2013. 06:52 PM | Likes Like |Link to Comment
  • Apple: Learn From Andy Zaky's Mistake [View article]
    The more insane it is the more money you will make. In the money management business you have to lose money substantially for others to make money for yourself.
    Mar 7, 2013. 06:51 PM | Likes Like |Link to Comment
  • Apple: Learn From Andy Zaky's Mistake [View article]
    This is why you would never be successful as a fund manager.
    Mar 7, 2013. 06:16 PM | 1 Like Like |Link to Comment
  • Apple: Learn From Andy Zaky's Mistake [View article]
    Ashraf, you missed the main learning from the Andy story. You are #1 in Tech, Long, and Short. You should create your own Website now. If you can get even a quarter of your followers move there, and charge then a very modest $50/month, then you will make a cool half million each year. Of course, you should still post your articles on Seeking Alpha, but you should give fast stock tips to your followers in your paid web site. Each day, every day. Then one day you should start a hedge fund. People are taking this Andy story the wrong way. The reason advisers and hedge fund managers exist is because people like to lose money. The more you underperform the market the higher should be your fees. So Andy IMHO did nothing wrong. He just did what John Paulson is doing (and losing hundreds of millions in gold), at a much small scale. That was the problem. If Andy did it at the scale of the London Whale and lost billions, he would be hailed as a hero and people would rush in to invest in his new hedge fund.
    Mar 7, 2013. 05:21 PM | 1 Like Like |Link to Comment
  • Apple Is Not Worth $460 [View article]
    I repeat, Apple will not rise till the last bull has sold.
    Mar 2, 2013. 05:16 PM | 1 Like Like |Link to Comment
  • Apple Is Not Worth $460 [View article]
    It's dead stock my friend. It will flounder.
    Feb 21, 2013. 05:34 PM | Likes Like |Link to Comment
  • Apple Is Not Worth $460 [View article]
    Apple is not going to go up till articles of this sort stop appearing.
    Feb 21, 2013. 04:20 PM | 1 Like Like |Link to Comment
  • Apple Is Not Worth $460 [View article]
    Apple seems to be worth even less today. So the author was right after all. It was certainly not worth $460.
    Feb 21, 2013. 09:20 AM | 2 Likes Like |Link to Comment
  • Apple Is Not Worth $460 [View article]
    30 seconds is all it took me to find out the fundamental valuation of Apple, i.e., it's stock price. Apple is definitely not worth $460/share. The market values it at $448/share. So I agree with the author.
    Feb 20, 2013. 11:23 PM | 1 Like Like |Link to Comment
  • Apple's Starting To Look Attractive Again [View article]
    Write a positive article about Amazon and you will see ...

    I dare ya ...

    Hey Ashraf, you are #1 in technology, can I commission a positive article on AMZN from you? I just want to see Paulo's reaction.
    Feb 6, 2013. 09:10 PM | Likes Like |Link to Comment
More on AAPL by Macro Investor
COMMENTS STATS
8,782 Comments
8,532 Likes