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From trading options to Wikipedia

Did you know that Jimmy Wales, the founder of Wikipedia, was an options trader in his earlier career? That is, before he started what eventually lead to Wikipedia, one of the most useful websites out there. To be totally honest with you, I do not recall knowing this before I read this article in Trader Monthly. You can check it out online at any time, although registration is required for that. Or you can even subscribe to Trader Monthly as I said long ago, somewhere here

In any case, I found this article about Wales' finance career quite interesting. His career as an online entrepreneur is much better known, so this part was not as interesting, at least to me, but the article does a good job in this respect too.

See for yourself

 
               

 

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Disclaimer: HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS UNLIKE AN ACTUAL PERFORMANCE RECORD. SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

Copyright Waldemar Puszkarz © 2005-2009.