Last night, Sarah and I had dinner with Timothy Sykes and his business partner Adarsh at the Cactus Club Cafe. Tim is in Vancouver to give a $495 per seat seminar on how to make money by shorting worthless stocks.
In 1999 Tim conned his parents into letting him invest $12,415 of Bar Mitzvah gift money into the stock market. His parents agreed, thinking he would lose it all and therefore be taught the value of a dollar. Instead, Tim turned that $12,415 into $1.65 million. He became a millionaire at age 22, managed the number one short bias hedge fund from 2003 to 2006 and starred in the TV documentary Wall Street Warriors all before the age of 26.
Meet Timothy Sykes at Dot Com Pho
You don’t need to pay $495 to meet Tim. He and Adarsh will be at Dot Com Pho this Saturday. The event will be held at the Green Lemon Grass restaurant at 8180 Westminster Hwy. I’ll have “I’m Blogging This” T Shirts from Market Leverage and a few copies of Tim’s book, An American Hedge Fund, to give away.