Marty Schwartz

Marty Schwartz - What are the benefits of being a solitary trader?

Marty Schwartz works from his home office and his successes is relatively unknown to the general public.Nevertheless, his successes at the US Trading Championships organized by a Stanford University Professor have reflected his outstanding Trading skills despite being a lone ranger.In fact, within 9 of the 10 championships that he has participated, he had greatly outperformed every one else in the competition.Indeed, his total profits were greater than the profits made by all the participants , combined!As a champion trader, his average returns in all these 9 championships amounted to 210 percent.

Now, what would be the reasons behind Marty working out of his home?For one thing, working alone means that Marty does not have to be responsible for the livelihood of employees in the event that he decides to quit.He cites an instance when he was asked on the number of employees he had, and proudly gave his reply of "None." Conversely, the fund manager he was talking to had 70 employees working for him.In Marty's opinion, this poses to be a headache on its own as this person would have to manage his employees on top of his trading business.

Nevertheless, Marty had not always been working solo.There had been a time where he was working out of an office, where he had a bunch of friends.However, as many left later on, there was no longer a motivation to work out of an office.Today, he corresponds and calls several of his acquaintances on a daily basis, bent on discussions and simultaneously swapping methodologies.This has turned out to work well for Marty.

Finally, Marty loves the freedom that the trading profession has provided him.In fact, he can go on vacation anytime and practically live in any city he wants.His lifestyle is fulfilled and he has time for his family.

"My kids think all fathers work at home."- Marty Schwartz

Retrieved from "http://en.wikipedia.org/wiki/Erny Pinckert" B-Marchy Schwartz, Notre Dame Marty Schwartz(March 20, 1909 to April 19, 1991) was a college football coach at Stanford in 1942 and from 1946 to 1950 (Stanford, like most universities, suspended football during World War II.) During his tenure, he compiled a 28-28-4 record.He was the starting running back at Notre Dame from 1929 to 1930.He was a two-time all-American under legendary football coach, Knute Rockne.From 1929 to 1930, he led Notre Dame to a 19-0 record.In a game against Carnegie Tech, he rushed for 188 yards, including touchdown runs of 58 and 60 yards.He was elected to the College Football Hall of Fame in 1974.He has also served as an assistant football coach at Notre Dame, and Chicago.He is most notable for having the lowest completion percentage of any NCAA player ever with over 100 attempts.He had completed 29 out of 124 passes, which is a .234 completion percentage.B-Leonard Macaluso, Colgate

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Asst. Coach - Marty Schwartz