| Timothy Sykes | |
|---|---|
Timothy Sykes in New York, NY talking to James Altucher |
|
| Born | 1981 Orange, CT |
| Residence | New York, NY |
| Nationality | American |
| Education | Tulane University |
| Partner | Bill Swansen |
| Website | |
| www.timothysykes.com | |
Timothy Sykes (born 1981, Orange, Connecticut) is an American author and investor. He is featured in the reality television show Wall Street Warriors, and is author of the book An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund. He is known for exposing the skeletons of and profiting from the short selling of penny stocks.
Contents |
Through his investments, Sykes grew his $12,415 gift money into $1.65 million from 1999-2002 while he was pursuing his Bachelor's Degree in Philosophy from Tulane University.[1]
Often called the "The Startup", in early 2003, Sykes founded Cilantro Fund Management LLC, a hedge fund based in New York City. The fund was ranked number one Short Bias Hedge Fund for 2003-2006 by Barclay Hedge, before closing in late 2007 after losing roughly one third of its value due to an illiquid investment.
Sykes bounced back in 2007-2011, becoming the #1 ranked trader out of 60,000+ on Covestor, a platform that verifies trades and performance.
Sykes studied at Tulane University receiving a major in Philosophy and minoring in Business in 2003. He now is a financial activist where he exposes corporations, companies and individuals involved in 'pump and dump' scams. He also teaches novices how to profit from short-selling stocks of such corporations.
Sykes was named to Trader Monthly 2006 "Top 30 under 30", a list recognizing the top 30 investment professionals under the age of 30.[2] He has been featured on CNBC, CNN, Fox News, BusinessWeek, Marketwatch, The New York Post, Reuters, Institutional Investor, TheStreet.com, Young Money[3] and The New York Times.