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Author: fishallon   Add date: 08/27/2008   Publishing date: 08/27/2008   Hits: 15

Two Geeks From Miami Swear Under Oath Their Stock Trading Robot is Not Illegal!

... Read About How You Could Use This Robot to Earn Thousands of Dollars:

Article by: Tony Evans

What I am about to share with you, is a very unusual story.

Unusual... because it is about 2 "geeks", named Michael and Carl. Who developed the first commercially available stock picking "robot". Michael (the programmer) named the robot "Marl".

Marl came about after Michael developed the famous "Global Alpha" computer stock trading model, while contracted to Goldman Sachs.

A piece of software which most years is responsible for...

$4,000,000,000+ Annual Trading Profit

With this software project completed, Michael looked for a new way to line his pockets. Unfortunately he had signed a Non Compete and NDA agreement with Goldman Sachs, forbidding him to create software which trades derivatives and similar financial instruments (like Global Alpha).

After 3 weeks of being temporarily unemployed, Michael who was very wealthy and very bored... Decided to start a new project.

You' see Goldman Sachs and most other large investment funds are at a major disadvantage. They often manage portfolios of up to $10,000,000,000 (ten billion dollars) - and because of this when they invest in stocks their scope is limited to just a few of the worlds largest firms (Coca-Cola, Google).

This problem is widespread amongst fund managers whom manage large amounts of capital. In fact Warren Buffet (Whom manages $53 billion) has the exact same problem.



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