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Abstract:How a 19 year old beauty trader beats 99% of hedge funds.
The two seemingly unrelated titles of beauty actress and star trader, Rachel Fox tells you with her continuous learning and investment practice: investing in the stock market is actually investing in yourself.
When you think of Rachel Fox (Rachel Fox), the famous American actress, many people's first thought may be the sweetie from the American drama “Desperate Housewives”. However, she is not just an actress who lives by her looks. As an avid day trader of U.S. stocks, she had a 30.4% return on investment in 2012, significantly outperforming the S&P 500, which rose 13%, and 99% of hedge funds.
When she was just 8 years old, her mother began reading a financial book aloud to her and her sister, who taught the sisters fundamental investing while warning them of the risks associated with the stock market.
In 2013, the TV actress, then just under 17, was invited to be interviewed by CNBC as a “star trader” for a story titled “The 17-year-old hedge fund manager,” which reads
If you're still thinking about Ackman, Einhorn, Bass and Hendry, you're out of touch! There can only be one name in the history books of the stock market in 2012, and that's Rachel Fox, the beautiful girl who starred in Desperate Housewives!
In the past year, Rachel has used her own money to actively engage in day trading of U.S. stocks, rather than regular day trading, and has achieved a return on investment of more than 30%, transforming herself into a star trader. She proudly notes that she engaged in 338 day trades in 2012. She claims that being able to make money by betting on up and down movements and relying on her own judgment is so great and so easy that she had to try it out.
She also gave her own advice: investors must really trade on their own instincts, rather than listening to the wind and following the lead of others.
So the next time you're discussing stock buying advice with a strip club employee like Mint Rhino, don't just stare, make sure you listen! Because the return on investment for the average employee is likely to outperform the so-called “high money” people, as well as the broader market, and it is a complete win.
Three years later, Rachel is back in the spotlight for an interview with ABC, transformed into a fair lady, and still a star trader. This time she shared her little money-making secret with the audience.
She said she had learned a lot about the company when she was 16, knew how it made its IPO on the stock exchange, and also had trading tricks. Of course, money management skills are also not in the picture.
When it comes to specific trading strategies, she thinks she still has a knack for it. She prefers to keep track of pop culture developments, and in fact, investors always catch news of this early and make arbitrage trades before Wall Street gets it. So being a young investor actually gives you a huge advantage, something that almost no one realizes, because pop culture news and all the news that gives a positive impact on the performance of certain companies is easily accessible.
For those who are worried about economic fundamentals, technical analysis and central banks buying junk bonds next, the most important thing to do is to follow the footsteps of young people, ideally between the ages of 16 and 19; if this is not possible, then keep an eye on the “pop culture” that fascinates young people, and you will be able to beat the market.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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