Author of "Jackass Investing" employs the multi-strategy systematic model he preaches
Michael Dever
Mike Dever has been a trader and an
investor for more than 30 years. Last year,
he published a book on investing, which
professional title is "Exploiting the myths:
Profiting from Wall Street's misguided
beliefs", and popular title is "Jackass
Investing: Don't do it. Profit from it" (an
Amazon Kindle #1 best-seller in the mutual
fund and futures categories.)
According to Amazon, Mr. Dever was driven
to write "Jackass Investing" after seeing
the fever instilled in people at the peak of
the last great U.S. stock market bubble,
in 1999. But writing the book took a back seat until the financial crisis of 2008
demanded its completion.
"The book exposes 20 common investment myths," he told Opalesque in an
interview, "which I go through and explain why people believe them to be true, but
why they are actually a myth. Then we give them specific actions they can take to
exploit each myth."
Today, Mr. Dever, who lives near Philadelphia, PA, is a "re-emerging" fund
manager. He devotes his time to running his new asset management company,
Brandywine Asset Management, which follows his Return Driver-based
methodology to trade broadly diversified portfolios in the global currency, interest
rate, stock index, metals, energy and agricultural cash, futures and options
markets. Brandywine's investment philosophy is based on the belief that the
most consistent and persistent investment returns across a variety of market......................
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This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
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