Bart Bacon
A key characteristic of our trading systems is that they can be "flat," i.e. they are not always in a given market. The systems can be flat either by having entry stops relatively far from the market, or in some infrequent cases, a system may not generate an order at all. It is also possible for the long-term and medium-term systems to take opposite positions in the same market, where one system takes a long position and the other system takes a short position, typically resulting in a very small net position in such a market. Because of our diversification, risk control, and trend-following techniques, we can expect to make profits whenever markets are trending – particularly over the medium and long term. Under DCMI's current systems, the one scenario that can cause outright losses is if many markets are displaying flat, choppy patterns simultaneously.
Dolphin Capital Firm Disclosure
Dolphin Capital is headed by Bartholomew Bacon. Bart formerly worked for Paul Tudor Jones and his brother Louis Bacon. What is the bigger point here? Review the following performance chart looking carefully at all months:
Now compare this chart to the 'big events' in Chapter 4 of the book Trend Following. This kind of 'evidence' should give the aspiring trend follower confidence. It should also give the aspiring trend following investor confidence.
Biography
Mr. Bacon was born on June 3, 1959, in Raleigh, North Carolina. He graduated from the University of North Carolina at Chapel Hill ("UNC-CH") in May of 1982 with a Bachelor of Arts Degree in Physics. He was awarded numerous honors at UNC-CH including the Chancellor's Award for the most outstanding senior in Physics and the Chancellor's Award for the highest grade point average in the Naval ROTC. (He was the only student to earn more than one Chancellor's Award that year.) After college, he served as an officer in the United States Marine Corps, specializing in Signals Intelligence and Electronic Warfare. He was selected for promotion to the rank of Captain before resigning from the Marine Corps to pursue a Masters of Business Administration at the Wharton School of Business. He graduated from the Wharton MBA program in May of 1988 with a major in Finance. From January to December of 1989 he worked for Tudor Investment Corporation, a CFTC registered CPO and CTA, executing foreign exchange and foreign futures orders and supervising one shift of Tudor's night desk. From December of 1989 to January of 1991 he worked for Moore Capital Management, Inc. ("Moore"), a CFTC registered CTA, initially executing orders on the night desk, and later assisting Moore's Systems Trading Group with research and trade execution. In February of 1991, Mr. Bacon joined Commodities Corporation (U.S.A.) N.V. ("CC (U.S.A.)"), a CFTC registered CPO and CTA, in order to develop his own trading methods. He began actual trading for CC (U.S.A.) on September 1, 1991.
Risk Disclaimer
We can not promise you will earn like returns of the traders, charts or examples (real or hypothetical) mentioned within this site. All past performance is not necessarily an indication of future results. All results are unique. Results will vary. Data presented is for educational purposes. This information is not designed to be used as an invitation for investment with any advisor profiled. Disclaimers.
All data on this site is direct from the CFTC, SEC, Yahoo Finance, Stark Report and individual disclosures by managers mentioned herein. We assume all data to be accurate, but assume no responsibility for errors, omissions or clerical errors made by sources.
