Hacker News new | past | comments | ask | show | jobs | submit login

Tim is a good trader, but like most successful business people he understands how to market. His persona, whether constructed or representative of his real self (it doesn't matter), is a great marketing tool that he has been able to leverage into a successful career. All great marketers emphasize their successes and try to forget their failures--does Steve Jobs still talk about the Lisa?

I think what people forget is that what people like Tim sell is information. He's a trader, yes, and a successful one at that. But for some reason people think that simply copying what Tim does will make them a successful trader as well. This is no more true than how many of the tech giants have tried to copy the iPod or iPhone--none of them have been as successful as the original because copying features (read: copying trades) is not the same thing as capturing the soul of the strategy.

Every marketer sells to gullibility. You can judge for yourself the morality of an individual marketer's tactics given the customer they are going after, but why on earth is it wrong to sell information to willing buyers? Wild deception in marketing practices will almost always lead to complete failure, and Tim has been around long enough to, I think, be able to pass that hurdle.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: