Ed Seykota, Iconic Investor Insight of the week

For the week of August 8th

Today’s iconic investor insight comes from Ed Seykota. Ed was one of the first to create a computerized trading system. Mr Seykota hit my radar due to his inclusion in Jack Schwager's Market Wizards series in which Jack interviews some of the top traders. I highly recommend reading Jack's market wizards series.

“Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them “funny-mentals”. However, if you catch on early, before others believe, you might have valuable “surprise-a-mentals”.”

— Ed Seykota