alpha is a myth but I found it

I read the book first when I was working on Wall Street in the US.

I have had the luxury to work at Goldman Sachs, Credit Suisse and personally known, consulted and worked with many of the figures mentioned in the book, especially John Paulson and Tiger Management.

After I left Wall Street in 2012, I had less restrictions to invest and the book inspired me, with my experiences and acumen, to achieve alpha year after year.

In 2012 I achieved annualized return of over 25% vs 15.8% of S&P. In 2013 I achieved 110% and 105% in Shanghai A shares and US equities respectively. Of course, the notional amount invested was very significant.

If life is a game, investment is a superior sub-game that is played with real money and returned with outsized satisfaction and returns.

Among all, I admire JP's CDS trade, his conviction and timing. The persona I respect most is Stan Druckenmiller who helped Soros break the Bank of England in 1992.

It's all been done before and history repeats itself. Those who pay attention and learn from the history will reap the awards