Larry Hite
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Lawrence D. Hite is a hedge fund manager [1]commodities trader, who along with Ed Seykota is one of the forefathers of system trading. Profiled and recognized as one of the best in the industry, in major international publications like in BusinessWeek's annual the Best of Award, Larry was name Best of 1986.[2] Called by the daily Business Day an enormously successful investment manager of the 1980s[3] He is considered one of the top 100 traders of the 20th century. Larry is the founder of Mint Investment Management Company, the largest CTA firm in 1991. For 13 years at Mint, Larry achieved a compounded annual rate of 30% or more before fees. Mint became the first commodity trading advisor (CTA) with more than $1 billion in assets. [4]
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[edit] Career
Larry is the founder of Mint Investment Management Company, one of the largest CTA firms,[1] which managed more than one billion dollars in assets. Larry pioneered the introduction of the Guaranteed Futures Fund, an innovative structure which guaranteed the return of principal plus any trading profits. For 13 years at Mint, Larry achieved a compounded annual rate of 30% or more before fees. In 1994 Larry retired from active management and is now an active investor and managing director at Hite Capital Management LLC and chairman of Metropolitan Venture Partners.
[edit] See also
List of personalities associated with Wall Street
[edit] Notes
- ^ Schwager, Jack D. (1999). Getting Started in Technical Analysis. page 311: Wiley. ISBN 0-471-29542-6.
[edit] References
[edit] Magazines
Szala, Ginger. "Making a Mint: how a scientist, statistician and businessman mixed", Futures magazine, March 1989. Retrieved on 2006-08-23.
Szala, Ginger; Glenn Dubin, Larry Hite et al. "Managed money in the 1990s: rules key to growth", Futures magazine, July 1989. Retrieved on 2006-08-23.
Rosenbaum, Amy. "Up-down regulation: too many peaks and valleys?", Futures magazine, March 1991. Retrieved on 2006-08-23.
Krueger, Diane. "Europe primed for growth", Futures magazine, Oct 2000. Retrieved on 2006-08-23.
[edit] Books
Schwager, Jack D. (1995). The New Market Wizards. page 476: Wiley; New Ed edition. ISBN 0-471-13236-5.
Nagy, Andras M. (2006). Retire Worry Free. page 89, 96: Murine Press. ISBN 0-9753093-1-5.
Steenbarger, Brett N (2003). The Psychology of Trading. page 18: John Wiley & Sons. ISBN 0-471-26761-9.
Vaga, Tonis (1994). Profiting from Chaos. page 124: Mcgraw-Hill. ISBN 0-07-066786-1.
Davidson, Alexander (2002). The 10-week Flexible Investment Plan. page 174: Kogan Page Ltd. ISBN 0-7494-3885-1.
Kroll, Stanley; Paulenoff, Michael J. (1992). The Irwin Guide to the Futures Markets. Chapter: McGraw-Hill Trade. ISBN 1-55623-625-5.
[edit] Further reading
Schwager, Jack D. (1993). Market Wizards: Interviews with Top Traders. 17 pages: Collins; Reissue edition. ISBN 0-88730-610-1.
[edit] External links
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