Chris Kacher
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Chris Kacher is a stock investor and a co-founder of a stock advisory service VirtueOfSelfishInvesting.com. He claims to have achieved a total return of 18,241% during the period of 1996 to 2002,[1][2] which he describes in his book Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market co-authored with Gil Morales.[3] In his book, Kacher developed a concept of Pocket Pivot, according to Leslie N. Masonson, an early base breakout indicator.[4]
Education[edit]
Prior to his career as a stock trader, Chris Kacher pursued an education in the nuclear sciences at the University of California, Berkeley. He won a Charles D. Coryell Award[5] while an undergraduate student. As a graduate student he contributed to the confirmation of the existence of Seaborgium[6] and a synthesis of an atom of Darmstadtium.[7] He received a Ph.D. in the nuclear sciences from UC Berkeley in 1995.[8]
He is reportedly a certified practitioner of neuro-linguistic programming and hypnosis.[9]
Trading career[edit]
Kacher became increasingly interested in trading financial markets in graduate school. He began trading in 1991, then he turned from nuclear physics to portfolio management. In an interview, he claimed to have started one of the first online stock advisory services in 1995.[10][11]
Kacher joined William O'Neil & Co. Inc. as a research associate in 1996, and was promoted to senior analyst and senior portfolio manager in 1997.[12] He is currently a Managing Director of MoKa Investors, LLC and Virtue of Selfish Investing, LLC.[13]
Running an investment management company that uses leveraged and inverse ETFs, he showed that "the TQQQ made 97.3%, or nearly four-times the Nasdaq 100, which has a popular non-leveraged representative in the PowerShares QQQ (QQQ)," according to Barron's.[14]
In an episode on the Trend Following on January 2013, Michael Covel interviewed Kacher and Gil Morales about some of their books, "reversion to the mean mentality, and how it can often be the kiss of death for traders and investors," and the "trading psychology, the idea that “you must lose to win”," among other things.[15]
On August 2017, MarketWatch demonstrated the Dow's 120-year history in a chart composed by Kacher, which showed how the index has become a written account of investor's reactions to important global events. He said, "These are unprecedented times. Global debt of this magnitude has historically has a calamitous ending."[16] Commenting his chart, Barry Ritholtz wrote: "Human Innovation (eventually) Surpasses Short-term Fear".[17]
Co-authored works[edit]
- Morales, Gil & Kacher, Chris, 2010. Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market, John Wiley & Sons. ISBN 978-0-470-61653-6 Search this book on
. - The Wiley Trading Guide, Volume II, John Wiley & Sons, 2011. ISBN 978-0730376873 Search this book on .
- Morales, Gil & Kacher, Chris, 2012. In The Trading Cockpit with the O'Neil Disciples: Strategies that Made Us 18,000% in the Stock Market, John Wiley & Sons. ISBN 978-1118273029 Search this book on .
- Morales, Gil & Kacher, Chris, 2013. The O'Neil Disciples on Alternative Buying Techniques and Position Management, John Wiley & Sons. ISBN 978-1-118-64065-4 Search this book on .
- Morales, Gil & Kacher, Chris, 2015. Short-Selling with the O'Neil Disciples: Turn to the Dark Side of Trading, John Wiley & Sons. ISBN 978-1-118-97097-3 Search this book on .
See also[edit]
References[edit]
- ↑ "Independent Accountants` Report on Historical Trading Performance", Retrieved on 2013-1-30.
- ↑ Kacher, Chris. "How I Made +18,241.2% in the Stock Market Over 7 Years" Archived March 3, 2011, at the Wayback Machine, The Gilmo Report, Retrieved on 2013-1-30.
- ↑ Power, Ben. "Amazing Returns" Archived March 15, 2011, at the Wayback Machine, YourTradingEdge Magazine, Nov/Dec 2010 issue, Retrieved on 2013-1-30.
- ↑ Masonson, Leslie N. "Trade Like an O’Neil Disciple: How We Made 18,000% in the Stock Market", Futures magazine, Retrieved on 2013-1-30.
- ↑ "Coryell Award in Nuclear Chemistry", College of Charleston, Retrieved on 2013-1-30.
- ↑ Goldhaber, Judith. "LBL researchers confirm existence of element 106", Lawrence Berkeley National Laboratory, Retrieved on 2013-1-30.
- ↑ Ghiorso, A.; Lee, D. (1995). "Evidence for the possible synthesis of element 110 produced by the 59Co+209Bi reaction". Physical Review C. 51: R2293. Bibcode:1995PhRvC..51.2293G. doi:10.1103/PhysRevC.51.R2293.
- ↑ Kacher, C.D. "Chemical and nuclear properties of Rutherfordium (Element 104)", Office of Scientific and Technical Information, Retrieved on 2013-1-30.
- ↑ Ward, John. "Interview With Dr. Christian Kacher", Seeking Alpha, Retrieved on 2013-1-30.
- ↑ "Interview: William O’Neil protege and CANSLIM legend Chris Kacher" Archived February 2, 2013, at the Wayback Machine, Global Growth Investor, Retrieved on 2013-2-8.
- ↑ "Chris Kacher Biography", Coast to Coast AM, Retrieved on 2013-2-8.
- ↑ "Chris Kacher: About the Expert" Archived July 21, 2011, at the Wayback Machine, MoneyShow, Retrieved on 2013-1-30.
- ↑ "Gil Morales and Chris Kacher" Townhall.com, Retrieved on 2013-1-30.
- ↑ Coleman, Murray. Managers: Critics Of Leveraged ETFs Only Telling Half The Story; Still Favoring TNA, TQQQ, Barron's, Retrieved on 2018-1-30.
- ↑ Covel, Michael. "Ep. 95: Chris Kacher and Gil Morales Interview with Michael Covel on Trend Following Radio", Trend Following, Retrieved on 2018-1-29.
- ↑ Chang, Sue. "The Dow’s tumultuous 120-year history, in one chart", MarketWatch, Retrieved on 2018-1-29.
- ↑ Riholtz, Barry. Dow Industrials Average, 1896-2016, ritholtz.com, Retrieved on 2018-1-30.
External links[edit]
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