V.16:12 (576-582): The Global Trend: Mark Boucher by Thom Hartle

V.16:12 (576-582): The Global Trend: Mark Boucher by Thom Hartle
Item# \V16\C12\096INT.PDF
$3.95
Availability: In Stock

Product Description

When S&C first spoke to hedge fund manager Mark Boucher in 1996, he shared some of his techniques for analyzing the economy, picking stocks, and money management. See what he says this time.

Refresh our memories with a bit of your history.

Sure. I started trading stocks and commodities when I was in high school. My father died when I was nine, and he left me a trust fund. The manager of my trust was looking after my college fund. Unfortunately, the stock market fell apart starting in 1973 and the bank managing my trust stayed 100% invested during the bear market. My account lost about 90% of its value.

You told me that last time, and it still hurts to hear it.

Me, too! I realized that I was going to have to find a way to make the money that was left go a long way. So I started trading the commodity markets in the late 1970s.

You were hoping to, in a sense, leverage yourself?

I wanted to make as much money as I could. Fortunately or not, I plunged into trading commodities. If you recall, during 1978 and 1979, the commodity markets shot up. I made quite a bit of money.

Sounds good.

In the next few years, though, I gave about half of it back before I realized that I had just been lucky in that period. I realized that I had a lot to learn if I wanted to create consistent performance. It became clear to me that the bull market was the genius, not me.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order