Larry Hite

Lawrence D. Hite is a hedge fund manager [http://search.ft.com/searchArticle?page=4&queryText=hite&y=5&javascriptEnabled=true&id=020726001879&x=11] commodities trader, who along with Ed Seykota is one of the forefathers of system trading. Profiled and recognized as one of the best in the industry, in major international publications like in BusinessWeek's annual the "Best of Award", Larry was name "Best of 1986". [http://www.freewebs.com/larryhite2007/larryhite%2Dbusinessweek1986.htm] Called by the daily Business Day "an enormously successful investment manager of the 1980s" [http://www.businessday.co.za/Articles/TarkArticle.aspx?ID=2340979] He is considered one of the top 100 traders of the 20th century. Larry is the founder of Mint Investment Management Company, the largest CTA firm in 1991. For 13 years at Mint, Larry achieved a compounded annual rate of 30% or more before fees. Mint became the first commodity trading advisor (CTA) with more than $1 billion in assets. [http://www.marketwatch.com/news/story/caxton-allocates-money-hedge-fund/story.aspx?guid=%7B170801C9%2D6F91%2D464F%2D94B8%2DB7579F611914%7D]

Career

Larry is the founder of Mint Investment Management Company, one of the largest CTA firms,cite book
last = Schwager
first = Jack D.
authorlink = Jack D. Schwager
title = Getting Started in Technical Analysis
publisher = Wiley
date = 1999
location = page 311
id = ISBN 0-471-29542-6 ] which managed more than one billion dollars in assets. Larry pioneered the introduction of the Guaranteed Futures Fund, an innovative structure which guaranteed the return of principal plus any trading profits. For 13 years at Mint, Larry achieved a compounded annual rate of 30% or more before fees. In 1994 Larry retired from active management and is now an active investor and managing director at "Hite Capital Management LLC" and chairman of "Metropolitan Venture Partners".

See also

List of personalities associated with Wall Street

Notes

References

Magazines

cite news
last = Szala
first = Ginger
title = Making a Mint: how a scientist, statistician and businessman mixed
publisher = Futures magazine
date = March 1989
url = http://www.allbusiness.com/personal-finance/investing-financial-advisor/106013-1.html
accessdate = 2006-08-23

cite news
last = Szala
first = Ginger
coauthors = Glenn Dubin, Larry Hite et al
title = Managed money in the 1990s: rules key to growth
publisher = Futures magazine
date = July 1989
url = http://www.allbusiness.com/specialty-businesses/108464-1.html
accessdate = 2006-08-23

cite news
last = Rosenbaum
first = Amy
title = Up-down regulation: too many peaks and valleys?
publisher = Futures magazine
date = March 1991
url = http://www.allbusiness.com/legal/laws/154969-1.html
accessdate = 2006-08-23

cite news
last = Krueger
first = Diane
title = Europe primed for growth
publisher = Futures magazine
date = Oct 2000
url = http://www.allbusiness.com/specialty-businesses/648617-1.html
accessdate = 2006-08-23

Books

cite book
last = Schwager
first = Jack D.
authorlink = Jack D. Schwager
title = The New Market Wizards
publisher = Wiley; New Ed edition
date = 1995
location = page 476
url = http://books.google.co.uk/books?vid=ISBN0471132365&id=LjivAz8xd3UC&pg=PA476&lpg=PA476&dq=%22Larry+Hite%22&sig=0-d9vpVP2r99KKikhXhKKWIGHmE
id = ISBN 0-471-13236-5

cite book
last = Nagy
first = Andras M.
title = Retire Worry Free
publisher = Murine Press
date = 2006
location = page 89, 96
url = http://books.google.co.uk/books?vid=ISBN1411688783&id=KIl-7OCRhOgC&pg=RA1-PA89&lpg=RA1-PA89&dq=%22Larry+Hite%22&sig=NlgKf7VJOOPoQBp_CE2qpqAZYzs
id = ISBN 0-9753093-1-5

cite book
last = Steenbarger
first = Brett N
authorlink = Brett Steenbarger
title = The Psychology of Trading
publisher = John Wiley & Sons
date = 2003
location = page 18
url = http://books.google.co.uk/books?vid=ISBN0471267619&id=s8JImBOR7rIC&pg=PA18&lpg=PA18&dq=%22Larry+Hite%22&sig=3h3fY98smvvGxoWsbT5a3_Fk6wo
id = ISBN 0-471-26761-9

cite book
last = Vaga
first = Tonis
title = Profiting from Chaos
publisher = Mcgraw-Hill
date = 1994
location = page 124
url = http://books.google.co.uk/books?vid=ISBN0070667861&id=hjUMHEHpp38C&pg=PA124&lpg=PA124&dq=%22Larry+Hite%22&sig=3DsyIsmHZaSdB9GAkaAwFzZVeSo
id = ISBN 0-07-066786-1

cite book
last = Davidson
first = Alexander
title = The 10-week Flexible Investment Plan
publisher = Kogan Page Ltd
date = 2002
location = page 174
url = http://books.google.co.uk/books?vid=ISBN0749438851&id=L_boZxjNmawC&pg=PA174&lpg=PA174&dq=%22Larry+Hite%22&sig=MhW1DUGcJGHGUXqj8uARTFt_nSw
id = ISBN 0-7494-3885-1

cite book
last = Kroll
first = Stanley
coauthors = Paulenoff, Michael J.
title = The Irwin Guide to the Futures Markets
publisher = McGraw-Hill Trade
date = 1992
location = Chapter
id = ISBN 1-55623-625-5

Further reading

cite book
last = Schwager
first = Jack D.
authorlink = Jack D. Schwager
title = Market Wizards: Interviews with Top Traders
publisher = Collins; Reissue edition
date = 1993
location = 17 pages
id = ISBN 0-88730-610-1

External links

* [http://www.hitecapital.com/ Official website]
* [http://www.zoominfo.com/people/hite_larry_21152191.aspx Larry's profile on Zoominfo]