My guest in this episode is Timothy Sykes. Tim is a millionaire stock trader and teacher who has been featured on CNN, Fox News, amongst others. He owns and runs the largest online trading academy for penny stocks, and he recently launched his foundation, The Timothy Sykes Foundation, which has donated to dozens of charities such as Make-A-Wish and The Boys & Girls Club.
Tim turned $12,415 in Bar Mitzvah gift money into $2 million and started a hedge fund during his senior year. He also created a scholarship for talented/passionate people open not only to current Tulane students, but also Tulane faculty and alumni…an economic bailout ahead of its time.
His hedge fund went on to become the #1 ranked short bias fund by Barclay for 3 years and he was named to Trader Monthly’s ‘Top 30 Under 30’ in 2006, but his trading strategy was never very scalable (meaning it’s much easier for me to make $100,000 than it is $100 million) and my fund lost 35% when I tried long-term investing instead of trading.
Infinitely wiser but embarrassed and depressed, a TV producer asked him to make an appearance in his upcoming documentary “Wall Street Warriors”… Timothy had lost his confidence and credibility so he said sure and ended up starring in 5 of the 6 episodes of the hit first season, which you can watch on Hulu, now having aired in 20+ countries and followed by 2 more seasons (Wall Street Warriors Season 3 was filmed but has not aired).
The show’s popularity inspired hundreds of daily emails from fans wanting to know more about him and his trading strategy, but as a hedge fund manager, he was not allowed to answer any of them. So he said “screw you!” to the restricted hedge fund industry, and wrote openly about his experiences in his best-selling autobiography “An American Hedge Fund” and started a publishing company to create brutally honest & educational financial newsletters and instructional DVD packages.
Interview Links:
Subscribe To Our Weekly Newsletter:
The Wealth Dojo: https://subscribe.wealthdojo.
Download all the Niches Trilogy Books:
The 21 Best Cashflow Niches
Digital: https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book
Audio: https://podcasters.spotify.com/pod/show/21-best-cashflow-niches
The 21 Most Unique Cashflow Niches
Digital: https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches
Audio: https://podcasters.spotify.com/pod/show/21-most-unique-niches
The 21 Best Cash Growth Niches
Digital: https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches
Audio: https://podcasters.spotify.com/pod/show/21-cash-growth-niches
Listen To Cashflow Ninja Podcasts:
Cashflow Ninja
https://podcasters.spotify.com/pod/show/cashflowninja
Cashflow Investing Secrets
https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets
Cashflow Ninja Banking
https://podcasters.spotify.com/pod/show/cashflow-ninja-banking
Connect With Us:
Website: http://cashflowninja.com
Podcast: http://resetinvestingsecrets.com
Podcast: http://cashflowinvestingsecrets.com
Podcast: http://cashflowninjabanking.com
Substack: https://mclaubscher.substack.com/
Amazon Audible: https://a.co/d/1xfM1Vx
Amazon Audible: https://a.co/d/aGzudX0
Facebook: https://www.facebook.com/cashflowninja/
Twitter: https://twitter.com/mclaubscher
Instagram: https://www.instagram.com/thecashflowninja/
TikTok: https://www.tiktok.com/@cashflowninja
Linkedin: https://www.linkedin.com/in/mclaubscher/
Gab: https://gab.com/cashflowninja
Youtube: http://www.youtube.com/c/Cashflowninja
Rumble: https://rumble.com/c/c-329875
Share This
Related
893: Josh Clayton, Kirk Martin, Alec Roth: How To Invest In Movies
My guests in this episode are Josh Clayton, Kirk Martin, and Alec Roth from Firebrand Media Group. In this episode, they share how to invest in movies. Interview Links: Firebrand Media Group https://www.fmgfilms.com/ Billy Night Subscribe To Our Weekly Newsletter: The Wealth Dojo: https://subscribe.wealthdojo.ai/ Download all the Niches Trilogy Books: The 21 Best Cashflow Niches Digital:…
892: Matt Bowles: Turnkey Real Estate Update
My guest in this episode is Matt Bowles. Matt co-founded Maverick Investor Group in 2007 as a fully-remote real estate brokerage to help people buy cash-flowing rental properties in the most investor-advantaged U.S. real estate markets, regardless of where they live. Maverick provides off-market buying opportunities for “turn-key” rental properties that are fully renovated with…
891: Dave Stech: The Calm Before the Correction & What Every Real Estate Investor Should Know Now
My guest in this episode is Dave Stech. Dave heads up Stech Family Office with his two sons. Their family firm, Purpose Built Investments™ (PBI), is a real estate market timing company that invests exclusively in 3 things: real estate, private lending, and early-stage technology companies, including in their self-directed IRAs. Dave graduated from the…
