then its just a hedge fund any way you cut it
And how does that matter for the original point under discussion -- whether someone outside of an investment bank or a big hedge fund family (e.g. Blackrock) can successfully extract money out of financial markets?
If someone actually has a working strategy, he typically doesn't just trade it, he starts a small hedge fund.
Because the original point under discussion was contrasting prop trading in the context of a real prop firm vs an outsider engaging in prop trading, and the advantages afforded to the former.
Anyway, I already know your position regarding whether an outsider can successfully extract money out of the financial markets and you know mine.
Curious, what do you do if you don't mind me asking? I'm asking because you do know a lot about this topic, even though we disagree on somethings.
If you want people to ask you stuff reply to this post with a comment to that effect.
More accurately, ask any participating LessWronger anything that is in the category of questions they indicate they would answer.
If you want to talk about this post you can reply to my comment below that says "Discussion of this post goes here.", or not.