Why are there no famous traders on the scale of a Warren Buffett
Why are there no famous traders on the scale of a Warren Buffett, Peter Lynch or Ben Graham?
In the end, the market only respects ROI.
Presumably if you’re able to work from home and scalp for a living, and you aren’t a multi-millionaire, then odds are your ROI has to be higher than any fundamental gurus’?
Also, banks, hedge funds, asset management houses would KILL for anyone able to consistently beat the index. If trading was so easy, and you could consistently outperform the index, then why aren’t more traders making the headlines?
I read about people like Ed Seykota. I can’t figure out why, if his ROI is real, he isn’t currently being harrassed by long queues of hedge funds willing to pay him tens of millions a month?