Comments on: Timothy Sykes; A Stock Trader with a Large Stomach http://pineapplewatch.com/2007/11/21/timothy-sykes-a-stock-trader-with-a-large-stomach/ Australian Finance News, information, and investing ideas Fri, 10 Sep 2010 08:38:38 +0000 http://wordpress.org/?v=2.2.2 By: Contrarian Investors' Journal http://pineapplewatch.com/2007/11/21/timothy-sykes-a-stock-trader-with-a-large-stomach/#comment-33 Contrarian Investors' Journal Fri, 23 Nov 2007 09:59:47 +0000 http://pineapplewatch.com/2007/11/21/timothy-sykes-a-stock-trader-with-a-large-stomach/#comment-33 I heard of a sad but true story. A guy from Singapore was very successful in trading stock while he was a student in Australia. He made a lot of money. When he returned to Singapore, he managed to convince his family and relatives to put their money into a 'fund' that he had set up. Guess what happened? He lost all of them. I can imagine the tremendous loss of face he suffered as well as having to face the wrath of his family and relatives. I heard of a sad but true story. A guy from Singapore was very successful in trading stock while he was a student in Australia. He made a lot of money. When he returned to Singapore, he managed to convince his family and relatives to put their money into a ‘fund’ that he had set up.

Guess what happened?

He lost all of them. I can imagine the tremendous loss of face he suffered as well as having to face the wrath of his family and relatives.

]]>