Insights.
Well it was a full day and I made some very detailed notes.
However, for me, the single biggest insight was something that Jack D Schwager pointed out, and it pretty much tied everything together.
You need to find your own method, one that suits your personality and strengths.
So for example you have Simon Cawkwell aka Evil Knievil, who is a chartered accountant. He uses this to recognise the weakness in a company long before others. He uses his age and wisdom to maximum effect.
With Jonathan Tanzman his strength is a quick, focused mind, thriving in a team envrionment.
Bill Adlard - a love of Elliot Wave, moon phases and indicators plus an intuitive ability to apply them.
Pat and Shane - research, dedication, utilising technology and noticing patterns and relationships between stocks.
Nick Sparkes is rather like Jonathan Tanzman in that it is his ability to make a huge volume of trades and exploit a constantly changing market.
Out of these traders eventually you recognise the ones who are closest to your own expertise and personality. There is room for every type of person. However you will fail if you try to do something that does not make use of your strengths.
Marathonchap
