Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information.
Saturday, 10 December 2016
Last updated 16 hours ago
Aug 25 2009 | 11:33am ET
A former Major Leaguer has joined a new team, setting up his own hedge fund with a well-known Web prognosticator.
Todd Stottlemyre, who pitched for five different teams over a 14-year career, has founded Desert Shores Capital alongside Joe Donohue, who runs the investing Web site UpsideTrader.com. The duo are expected to employ a high-frequency momentum trading strategy, the New York Post reports.
Since last pitching professionally in 2002, Stottlemyer, who won two World Series with the Toronto Blue Jays, has worked as a “successful stock market analyst,” according to a Toronto Star report on a recent reunion of the Jays’ 1992 and 1992 championship teams. Stottlemyer is the son of former New York Yankees pitcher and long-time pitching coach Mel Stottlemyer.