Comments on: Is Alessio Rastani a Yes Man?

By: adobas

adobas — Wed, 28 Sep 2011 22:00:08 +0000

Listen I know Alessio Rastani personally and professionally. I was the lead stock market trainer at a London based seminar company in 2006-2008 and let me give the real scoop. This stock market seminar company got a call from the BBC that they needed a trader to go LIVE NOW…Alessio who is a seminar pitch man fielded the call and ran down to the studio to do the gig.

Alessio sells 2K seminars for this company in London, he has learned the terminology in trading over the last 5 years however I have a pretty good idea as an insider he has not made any real money trading. A recession being prayed for is STUPID, first as a trader you don’t want that you want a good bull market, sorry when more win it is best for ALL!. Listen I spent well over 100K on learning to trade and over 16 years and really trade it is NOT easy and can make money but also can lose you money. I do teach seminars for the BIG companies but unlike the majority of speakers I actually trade options.

Alessio is a nice guy and I am sure his statements were more ego and wanting attention as the Telegraph reported, but listen he is a young guy that saw opportunity that is all. His statements were off base and some was right on other parts way off base. He is not a real trader but plays one for money and I am sure many SHEEPLE will sign up for his now Rock Star mentorship and learn how to make no money. He would be on the street if not for selling seminars. For more info see my blog http://vincedowd.com/news/alessio-rastan i-trader-or-pitchman-you-decide/

By: adobas

adobas — Wed, 28 Sep 2011 21:59:52 +0000

By: kosmik

kosmik — Wed, 28 Sep 2011 18:50:39 +0000

Looks more like this guy: http://www.imdb.com/video/screenplay/vi4 060743449/ :)

By: tiffinwalla

tiffinwalla — Wed, 28 Sep 2011 04:53:43 +0000

Your description of independent traders as people who work at home and for some reason don’t get a “real job” seems a more apt description of the professional blogger….many independent guys are refugees from the prop trading departments of big firms, those who’ve seen how the sausage is made and can’t stomach the artificial slickness of the sales side of the business. Or they are guys that used to be “locals” in the trading pits who moved into computer trading because that’s where the volume is. Pardon us if we are a bit jaded about how Wall Street works.

By: Jeff62

Jeff62 — Wed, 28 Sep 2011 01:38:40 +0000

And you bare a resemblance to Stu in ‘hangover’. what’s your point?

It appears to me that your take issue with this guy for being articulate and to the point. You, on the other hand, seem to use 800 words to ramble on about something that can be done in 250

By: Nick_Gogerty

Nick_Gogerty — Wed, 28 Sep 2011 01:01:09 +0000

the only reason we care about the man is that the message seems to resonate so clearly with so many. Is the message diminished if he is a yes man?

By: Anonymous

Anonymous — Tue, 27 Sep 2011 21:37:57 +0000

Finding another anagram of his name, help out please with this hint:

Misspelled Recession, but same pronounciation “Risession”, leaves us with A L A T A N to create something nice with….?

By: PeterNYC552

PeterNYC552 — Tue, 27 Sep 2011 21:04:42 +0000

For what it’s worth, I attended a trading seminar given by Mr. Rastani in Europe. He was one of a handful of speakers. Most of the material covered was of the typical variety, focusing on technical analysis and trend following strategies for the Euro Stoxx 50 and the DAX. He did indeed spend a considerable amount of time on strategies that could profit from a sudden break in the market. I had a chance to speak to him for a few minutes afterwards, and he mentioned that he was a long-term bear on the Eurozone. Most of the attendees were private investors, but a there were several hedge fund portfolio managers and bank traders in the audience. So I believe that Mr. Rastani has accurately represented himself.

By: optimatorz

optimatorz — Tue, 27 Sep 2011 20:52:43 +0000

zero chance that is Andy Bichlbaum, unless Bichlbaum underwent massive plastic surgery and got 10 years younger. Is it another yes-man? maybe, but I doubt it. this is must more of the chattering financial elite cover their arses becasue one of the outsiders crashed the club and spilled all their secrets.

By: Ascen

Ascen — Tue, 27 Sep 2011 18:52:45 +0000

http://theyesmen.org/
Sure he is!!! No doubt!! Same style like in “Yes Men fix the world” Good..good!

By: MickWest

MickWest — Tue, 27 Sep 2011 18:30:15 +0000

He’s not the Yes Man in the video. That’s a video from seven years ago.

See a side-by-side comparison here. Clearly not the same guy:

http://metabunk.org/threads/265-Debunked -Alessio-Rastani

By: RickRussellTX

RickRussellTX — Tue, 27 Sep 2011 17:24:30 +0000

He’s not Andy Bichlbaum — comparison of the videos make that clear. Difference in shape of chin, different nose, different hairline. Unless Andy Bichlbaum has become 10 years younger in the last 7 years, very unlikely.

As for the content of his statements, they were unsurprising (if uncharacteristically blunt) to me as well, but you’ll find plenty of traders willing to be perfectly blunt. I’ve made a good amount of money on the recession, both in stocks and on the sale of a home; the trick is to understand the psychology of institutional traders and successfully answer the question, “What investments will institutional traders believe to be a safe haven?” Invest in those safe havens, then when your gains hit a reasonable threshold, look for new safe havens and re-evaluate the existing ones.

And, thank you GLD. Almost doubled my money. Damn, we had a good run.

By: KaitainJones

KaitainJones — Tue, 27 Sep 2011 17:24:15 +0000

This Rastani guy looks nothing like Jacques Servin from The Yes Men. Servin is clearly at least ten years older, and has a different mouth shape and facial bone structure. Jeez, some people have no feel for faces at all.

Also, what he said was not particularly psychotic. His job is to make money, and he’s advising people to protect their wealth by learning a small amount about hedging. This is hardly the kind of thing that the Yes Men do, unless they’re getting EXTREMELY sophisticated and the one solitary element they wanted to put into the interview was the “Goldman Sachs rule the world” comment, surrounded by four minutes of extraneous padding. This would be a radically different change of MO.

By: FifthDecade

FifthDecade — Tue, 27 Sep 2011 17:06:38 +0000

“It’s a common misconception that all traders are die-hard capitalists. But in fact many of them are quite the opposite. They still want to make money, of course. But that doesn’t mean they want the stock market to go up.”

Is a capitalist someone who only wishes to make profits from the stock market going up? Not in my book. Capitalism has been diverted into jumping on stock market band wagons rather than investing in real businesses at the beginning of their life in order to get a return as a share in the profits for taking the financial risk.

How you can say that someone who wants an artificial measure of value (stock price) to fall is the opposite of a die hard capitalist is as silly as saying someone who wishes the stock price to go up is a die hard capitalist. Neither are. To be honest there are very few true capitalists left.

By: graz55

graz55 — Tue, 27 Sep 2011 16:59:24 +0000

It’s all propaganda, guys. Damn, when you’re so heavily indoctrinated you ask simple questions like: was it because he made money off misery? What the hell — markets ONLY goal is to make money in good times and bad. And of course he’s not a Yes Man – another simple question, backed up by what, the fact that he looks like the Finisterra character? This is exactly what propaganda does: it doesn’t censor, it simply relegates debate to a narrow area, usually surrounding petty inquires like how expensive is his house. He doesn’t even need to be a trader to make his points valid.