Lex van Dam (born Drachten, Netherlands 1968) is a Dutch funding supervisor, investor, and author specialising in buying and selling in equities, currencies and monetary derivatives. He lives in London.
Born in a small city in Friesland, van Dam studied econometrics and investments on the University of Groningen. His skilled profession started in 1992, buying and selling shares for Goldman Sachs the place he labored for ten years, latterly as head of the equities proprietary buying and selling desk. After that he ran cash at GLG which, on the time, was Europe’s largest hedge fund. Since 2007 he has been a hedge fund supervisor at Hampstead Capital LLP, London.
In 2009, van Dam featured in a 3-half collection on BBC2, entitled Million Dollar Traders that aimed to teach eight odd individuals concerning the inventory market, in a re-creation of the well-known “turtle dealer” experiment of Richard Dennis within the Nineteen Eighties. Van Dam put up the sterling equal of $M million of his personal cash for the novices to commerce with over the course of eight weeks. As with the unique experiment, those that lasted the course broadly confirmed the declare that novices might grow to be skilled-degree merchants, making small income or a minimum of decrease losses buying and selling in very turbulent markets in the course of the filming than professionals, who misplaced 4 occasions higher quantities over the identical interval. Van Dam arrange the experiment to encourage the general public to take higher management of their private funds within the wake of the worldwide monetary disaster.
Later that yr, a companion ebook How to Make Money Trading was launched so as to increase on the buying and selling methods featured within the tv collection.
In November 2010, he launched The Lex van Dam Trading Academy which goals to show individuals how one can commerce and spend money on the inventory market.
Together with David Winner he translated a ebook concerning the soccer participant Johan Cruyff, entitled Ajax, Barcelona, Cruyff, The ABC of a destinate Maestro by Frits Barend and Henk van Dorp.
