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Litigation

: The FRAUDfiles Blog

Buzz created by haters is still buzz!

By Tracy Coenen

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A few months ago I agreed to read and review An American Hedge Fund by Timothy Sykes. I’ve been a bit remiss in writing the review, but am finally ready to share my thoughts. The best way I can describe Tim is that he’s a character. He is a young ambitious guy, but he’s got some over-the-top ideas that I hope don’t do him more harm than good.

His creativity in regard to the stock market and growing assets is fantastic. He wrote his book to give ordinary people a peek into the life of a day trader. Tim made many mistakes while he was growing his $12k+ Bar Mitzvah money into over $1.65 million. (Incidentally, he’s working on repeating that feat just to prove that he didn’t just get lucky.) And he’s not hiding those mistakes. He’s telling the world about them.

I liked the book. I really did. I think it could have been even better with a stronger editor, though. The story is inspiring, but at the same time Tim spares no criticism of himself and the mistakes he made. What I think the book lacked is a bit of the “how-to” that I expected from it. I really enjoyed Tim’s story, and feel that adding some practical tips along with his story would have been a big benefit to the book. (more…)

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Full post as published by The FRAUDfiles Blog on March 11, 2008 (boomark / email).

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