Curtis Faith holds himself out as the most successful Turtle. That is not true. In fact, research shows he could be the least successful of the Turtle students hired by Richard Dennis. For example, Faith has no track record for the last 20 years (except for Acceleration Capital; see below), but he still promotes himself with this excerpt from a 1989 Wall Street Journal article:
The most successful turtle was apparently Curtis Faith. Trading records show that Mr. Faith, who was only 19 when he started the program, made about $31.5 million in profits for Mr. Dennis.
Stanley W. Angrist, The Wall Street Journal, 1989
The writer of that article Stanley Angrist did not have verification of Faith's numbers (see p. 124-125 of "The Complete TurtleTrader"). Angrist received those profit figures from Faith with just his word. For comparison, many of the other Turtles' performance numbers do exist (see p. 203-226 of "The Complete TurtleTrader"). Faith made this 2003 comment about his missing performance numbers while trading for Richard Dennis:
Unfortunately, since I didn't plan on trading afterword [sic], I never went though the trouble of reconstructing an NFA approved track record format from my trading results for Richard when the program ended so I can't give you exact results even for my trading for Richard Dennis [more].
Curtis Faith
If Faith can't show his performance, and has offered a detailed reason why he can't, calling Richard Dennis is not an answer. The performance data in "The Complete TurtleTrader" was in the possession of a reputable 3rd party performance reporting service.
Curtis Faith Background Documents
CFTC Investigation of Curtis Faith's Firm Acceleration Capital
The following two depositions describe how Curtis Faith's firm Acceleration Capital imploded: Deposition One and Deposition Two. Curtis Faith's then partner Plyam explains how he and Faith met, what type of trading system they used, the ownership breakdown of Acceleration Capital, Faith's background, the management fees, how much they put up to start Acceleration Capital and Faith's subsequent disappearance. Toby Denniston, an employee, was stealing money from Acceleration Capital to buy trips, cars, payment for his gastric bypass surgery, gifts for his boyfriend and barbie dolls on eBay.
