Re: [CANSLIM] David Ryan

From: Sol Mayer <smaye1211@yahoo.com>
Subject: Re: [CANSLIM] David Ryan
Date: Mon, 19 Aug 2002 07:33:52 -0700 (PDT)
Next Article (by Subject): [CANSLIM] Off topic- kinda: Site suggestion for economic data? "Kelly Short"
Previous Article (by Subject): RE: [CANSLIM] David Ryan "David Taggart"
Top of Thread: Re: [CANSLIM] David Ryan "Tom Worley"
Articles sorted by: [Date] [Author] [Subject]
- --0-1992993991-1029767632=:77093
Content-Type: text/plain; charset=us-ascii


In the book THE BEST conversations w/ top traders Ryan basically says he manages other peoples $ differently than he'd manage his own  p141
 Tom Worley wrote:I was watching the fund fairly closely at the time, as I had put a number of clients into it that wanted to do CANSLIM, but were uncomfortable with individual stocks. I saw several factors, not the least of which was the authorized structure of the fund. The fund could not short, but could be as much as 50% cash.  Ryan stayed in cash to the max during several critical rallies, and got left behind. I worked at the time for a broker dealer where we paid for live picks from WON and his team. I felt Ryan was diverging from what I was seeing from WON, who was leaning more towards larger cap stocks, and being fully invested. Ryan didn't seem to believe the market was going to move higher, held cash (rather than invest it defensively), and seemed lukewarm on growth stocks. To me at the time, seemed to be a lack of confidence and indecision. Ryan's claim to fame was three time winner of a national investing contest. That is not the same as running a mutual fund. I know I have learned a lot about managing a mutual fund from my VR Fund. ----- Original Message ----- From: J. Lobatto To: canslim@lists.xmission.com Sent: Sunday, August 18, 2002 9:45 AMSubject: Re: [CANSLIM] David Ryan
Tom, Interesting that a guy who was apparently brilliantly successful earlier failed miserably as a fund manager. Do you think it was a result of unfavorable market conditions or did he stray from CANSLIM, or was it something else?----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Sunday, August 18, 2002 9:39 AMSubject: Re: [CANSLIM] David Ryan
I heard he and WON parted ways after the mutual fund fell flat on its face. I think he is still in the industry, but don't know where. Wasn't impressed with his performance running the fund, nor some of his decision making, so had no further interest in his performance. ----- Original Message ----- From: J. Lobatto To: canslim@lists.xmission.com Sent: Sunday, August 18, 2002 9:33 AMSubject: [CANSLIM] David Ryan
Anyone know the whereabouts or whatabouts of David Ryan? I do recall that he and WON started a mutual fund several years ago that had mediocre performance and that was bought out by a fund family. Does he still manage money these days and if so, anyone aware of a track record? Jon


- ---------------------------------
Do You Yahoo!?
HotJobs, a Yahoo! service - Search Thousands of New Jobs
- --0-1992993991-1029767632=:77093
Content-Type: text/html; charset=us-ascii

<P>In the book THE BEST conversations w/ top traders Ryan basically says he manages other peoples $ differently than he'd manage his own&nbsp; p141
<P>&nbsp;<B><I>Tom Worley <STKGURU@BELLSOUTH.NET></I></B>wrote:
<BLOCKQUOTE style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px solid">
<META content="MSHTML 6.00.2716.2200" name=GENERATOR>
<STYLE></STYLE>

<DIV><FONT face=Arial>I was watching the fund fairly closely at the time, as I had put a number of clients into it that wanted to do CANSLIM, but were uncomfortable with individual stocks.</FONT></DIV>
<DIV><FONT face=Arial></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial>I saw several factors, not the least of which was the authorized structure of the fund.</FONT></DIV>
<DIV><FONT face=Arial></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial>The fund could not short, but could be as much as 50% cash.&nbsp; Ryan stayed in cash to the max during several critical rallies, and got left behind.</FONT></DIV>
<DIV><FONT face=Arial></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial>I worked at the time for a broker dealer where we paid for live picks from WON and his team. I felt Ryan was diverging from what I was seeing from WON, who was leaning more towards larger cap stocks, and being fully invested. Ryan didn't seem to believe the market was going to move higher, held cash (rather than invest it defensively), and seemed lukewarm on growth stocks. To me at the time, seemed to be a lack of confidence and indecision.</FONT></DIV>
<DIV><FONT face=Arial></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial>Ryan's claim to fame was three time winner of a national investing contest. That is not the same as running a mutual fund. I know I have learned a lot about managing a mutual fund from my VR Fund.</FONT></DIV>
<DIV><FONT face=Arial></FONT>&nbsp;</DIV>
<DIV style="FONT: 10pt arial">----- Original Message ----- 
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A title=jlobatto@nyc.rr.com href="mailto:jlobatto@nyc.rr.com">J. Lobatto</A> </DIV>
<DIV><B>To:</B> <A title=canslim@lists.xmission.com href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A> </DIV>
<DIV><B>Sent:</B> Sunday, August 18, 2002 9:45 AM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] David Ryan</DIV></DIV>
<DIV><FONT face=Arial></FONT><BR></DIV>
<DIV><FONT face=Arial size=2>Tom,</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Interesting that a guy who was apparently brilliantly successful earlier failed miserably as a fund manager. Do you think it was a result of unfavorable market conditions or did he stray from CANSLIM, or was it something else?</FONT></DIV>
<BLOCKQUOTE dir=ltr style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> <A title=stkguru@bellsouth.net href="mailto:stkguru@bellsouth.net">Tom Worley</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=canslim@lists.xmission.com href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Sunday, August 18, 2002 9:39 AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] David Ryan</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial>I heard he and WON parted ways after the mutual fund fell flat on its face. I think he is still in the industry, but don't know where. Wasn't impressed with his performance running the fund, nor some of his decision making, so had no further interest in his performance.</FONT></DIV>
<DIV><FONT face=Arial></FONT>&nbsp;</DIV>
<DIV style="FONT: 10pt arial">----- Original Message ----- 
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A title=jlobatto@nyc.rr.com href="mailto:jlobatto@nyc.rr.com">J. Lobatto</A> </DIV>
<DIV><B>To:</B> <A title=canslim@lists.xmission.com href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A> </DIV>
<DIV><B>Sent:</B> Sunday, August 18, 2002 9:33 AM</DIV>
<DIV><B>Subject:</B> [CANSLIM] David Ryan</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>Anyone know the whereabouts or whatabouts of David Ryan? I do recall that he and WON started a mutual fund several years ago that had mediocre performance and that was bought out by a fund family. Does he still manage money these days and if so, anyone aware of a track record?</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Jon</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE><p><br><hr size=1><b>Do You Yahoo!?</b><br>
<a href="http://rd.yahoo.com/careers/mailsig/new/*http://www.hotjobs.com">HotJobs, a Yahoo! service</a> - Search Thousands of New Jobs
- --0-1992993991-1029767632=:77093--

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.
Go to Jeff Salisbury LWGate Home Page.