Andrewscourse.com

Portion of the history in their story is missing.

18th of Apr, 2011 by gentlemantrader

On the Andrewscourse.com website the following is stated:

Some history

About 10 years ago Michael Rada was writing his masters thesis for the University of Vienna. He studied the commonalities of successful money managers in Vienna. He found that the commonality was a group of techniques known as ARB.

Michael then studied the ARB methods and within 4 years after his graduation was a Vice President of R&D for a multi billion-dollar hedge fund in London. He is still the VP of R&D today.

Where did the money managers learn the ARB techniques?

Franz, was an young engineer who was living off of his investments. He spent most of his time learning techniques to manage his investments. During a trip to Silicon Valley he learned the ARB techniques. Over time he noticed that they helped him find turning points in the S&P 500.

Franz had an investment in a stock brokerage firm in Vienna and wanted to promote the firm. He posted charts on a regular basis that showed what investments were good to buy and sell. After a while the local newspaper took notice and published his charts every week. After a while his phone was constantly ringing, with investment advisers wanting to know how he did it.

Franz contacted his teacher of the ARB techniques and arranged to have the techniques taught a few times a year in Vienna by the ARB staff in Silicon Valley. This was how the successful investment managers in Vienna learned about the ARB techniques.

Franz made a lot of money using the ARB techniques for his investments and getting people to the seminars. He also made a lot of friends in the investment community and is now on the Board of Directors of a bank in Vienna that specializes on international investments.

There is an important missing fact Michael Rada's success in the markets was due to the fact that he developed a very sophisticated version of Precisiontrader with his brother, Pavel.

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