Traders Like You Prefer Lafferty
Dr. Mark Hestrin, an anesthesiologist at several Los Angeles-area hospitals, has been trading options with Lafferty for 20 years.
OTHER BROKERS: "Most are disorganized and slow. Sometimes they can't understand an order. There's just none that offers the same personal attention, trust and reliability as Lafferty."
ABOUT LAFFERTY: "The only broker I've met who knows more than I do. If I'm going into the operating room for six hours, I can give them a discretionary order to execute my trade-I know they'll do it the way I would. I'm a customer for life."
Larry McMillan is the author of the best-selling book Options As A Stategic Investment and the biweekly newsletter, The Option Strategist.
"Whatever tactics a traders uses, you absolutely must have a fast, first-rate option broker. Strategically speaking, Lafferty & Co. is a best bet."
A former Coast Guard Commander and now portfolio manager, Kermit Meade has been in the market for 58 years, the last 28 with Lafferty.
OTHER BROKERS: "One broker I traded with--I got their machine 9 out of 10 times. And I would spend a long time giving an order because they just didn't understand it."
ABOUT LAFFERTY: "I've had accounts with every major broker in the U.S. I would say Lafferty is better in all aspects. When you call Lafferty, the phone is answered. The difference at Lafferty is that they have a great understanding of what’s going on.”
TESTIMONIALS
Weather Fair or Foul...
Bill Spielberg, who trades options for a living, often lives for days at a stretch on the sailboat he moors in Atlantic City. No matter what the weather, he goes right on trading.
STRATEGY: “I try to be totally objective and neutral. Basically, I short-sell options. I rarely go long. I simply want to be in the middle and sell options to people who wish to take positions. They’re wrong most of the time.
OTHER BROKERS: “I’ve had some really bad experiences. In one case I was excluded from the market because a firm was overwhelmed and wouldn’t allow anyone to trade.. I suffered a great loss.”
ABOUT LAFFERTY: “We’ve been through a lot of volatile markets together when the trading was brisk enough to trigger circuit breakers and I’ve never had a problem.”
Mike Evans is one of the nation’s foremost econo- metricians. He’s the author of five books, has appeared over 100 times before Congressional committees and on major network news programs, is an Associate Professor at Wharton, and operates his forecasting firm, Evans Investment Advisors, which publishes the investment newsletter Portfolio Planner.
Mike Evans also writes the money column in Gentleman’s Quarterly and once devoted a whole column to Lafferty--
“A few years ago I found one brokerage firm that met all my requirements and then some. The name is R. F. Lafferty, based in New York City, and I’ve used it ever since. Also, its speciality is options, which is of particular interest to my method of operation. The director of option-trading there is someone named Jay Shartsis, who occasionally writes the option trading column in Barron’s, so he’s something of an expert...
If you are an active trader, require speedy executions at a good price, and would sometimes like a helping hand from the broker, there are sill some brokerages that make sense, like Lafferty.”
Mike Evans, Econometrician
Kermit Meade with the famous Wall Street bull
Michael Jenkins is the author of The Geometry of Stock Market Profits and publisher of the newsletter Stock Cycles Forecast. Jenkins predicted the 500-point drop in October, 1987, and is considered one of the foremost authorities on market cycles.
“Option trading is tough enough,” Jenkins comments, “without additional handicaps. Make sure you get exchange minimums.”
Note: these testimonials may not be representative of the experience of other clients. These testimonials are not a guarantee of future results.