The most prestigious law school admissions discussion board in the world.
|
 |
    23 posters qualify.
You have 0 points. Copying this list does not send funds. Paste it on Disperse, then connect your wallet there. |
Hedge fund manager "truly sorry" for 99.8% loss
Poast new message in this thread
Date: January 21st, 2015 2:55 PM Author: Floppy casino toilet seat http://www.cnbc.com/id/102356275
I don't know what that comes out to in Rudolph maths. |
 |
Date: January 21st, 2015 3:25 PM Author: Disrespectful Soul-stirring Volcanic Crater For the record, in Rudolph math it is a 50,000% loss. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159027) |
|
Date: January 21st, 2015 3:30 PM Author: Floppy casino toilet seat ouch (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159052) |
|
Date: January 21st, 2015 3:58 PM Author: Flickering Pungent Bbw That's 1000% right. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159227) |
Date: January 21st, 2015 3:00 PM Author: French tanning salon pozpig (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158892) |
|
Date: January 21st, 2015 4:37 PM Author: vigorous stock car orchestra pit No. Investcorp is PE. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159481) |
|
Date: January 21st, 2015 3:03 PM Author: Big prole codepig intergalactic NOWAG is alive and well (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158908) |
|
Date: January 21st, 2015 3:03 PM Author: mind-boggling fortuitous meteor market expected this to be an onion link. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158912) |
|
Date: January 21st, 2015 3:04 PM Author: Pink Vivacious Roommate Windowlicker No worries, he just needs to show a 3000000% return next year. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158916) |
|
Date: January 21st, 2015 3:08 PM Author: Floppy casino toilet seat Powerball currently at $142 million lump sum. He can buy 100k tickets. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158934) |
|
Date: January 21st, 2015 3:06 PM Author: French tanning salon pozpig (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158925) |
|
Date: January 21st, 2015 3:08 PM Author: dashing cyan theatre now the question is does that include his 2% managemnent fee? (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158936) |
|
Date: January 21st, 2015 3:15 PM Author: greedy trailer park athletic conference of course. you get paid that regardless (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158985) |
|
Date: January 21st, 2015 3:10 PM Author: Racy Pale Senate The guy gambled and lost. That's why people invest in hedge funds. It's right there in the disclosure that you could lose all of your money. If you're not happy w/ dem 6% returns on your mutual funds and ETFs, you run the risk of this. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158945) |
|
Date: January 21st, 2015 3:27 PM Author: mischievous talking range selfie but that's not fair! (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159036) |
|
Date: January 21st, 2015 3:30 PM Author: Racy Pale Senate This is what I don't get, this should be a fucking celebration of the current system. It shows why hedge funds are only for accredited investors and people who can handle a major loss like this. But instead we get the fucking JOBS Act trying to let everyone in because "that's not fair!!"
Investing is gambling. You want a chance for big gains, you get a chance for it. We can't guarantee everyone will succeed in the market. |
|
Date: January 21st, 2015 3:37 PM Author: Marvelous parlor clown (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159097) |
|
Date: January 21st, 2015 3:35 PM Author: Pink Vivacious Roommate Windowlicker Uh no, people do not invest in hedge funds to lose 99% of their principal.
This guy obviously invested in something extremely risky with a very small upside. |
|
Date: January 21st, 2015 3:39 PM Author: French tanning salon pozpig (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159111) |
|
Date: January 21st, 2015 3:41 PM Author: Pink Vivacious Roommate Windowlicker That's actually the first thing I thought of. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159121) |
|
Date: January 21st, 2015 3:45 PM Author: French tanning salon pozpig (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159143) |
|
Date: January 21st, 2015 3:43 PM Author: mischievous talking range selfie let me get my conclusion out of the way. you are a moron. let's hear about how you concluded that the upside was 'obviously' 'very small' |
|
Date: January 21st, 2015 3:45 PM Author: Pink Vivacious Roommate Windowlicker Let me get the bort consensus out of the way. You fucking suck.
HTH
It's pretty obvious that the risk this guy took on was not justified by the potential return.
The only way you lose this much money in such a small amount of time is by betting 100% of your capital on a single investment, which basically violates every fucking rule of responsible investing. |
|
Date: January 21st, 2015 3:48 PM Author: Swollen rehab Non-responsive (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159160) |
|
Date: January 21st, 2015 3:48 PM Author: Pink Vivacious Roommate Windowlicker non-responsive (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159165) |
|
Date: January 21st, 2015 3:50 PM Author: mischievous talking range selfie it's not pretty obvious, dipshit a single investment increases risk, it doesn't reflect on upside if it tanks or on downside if it quadruples. btw, you are a moron for thinking it does. |
|
Date: January 21st, 2015 3:51 PM Author: Pink Vivacious Roommate Windowlicker please stop responding to my posts.
You are a dumb faggot whose flame is tiresome.
-Everyone, ever. |
|
Date: January 21st, 2015 3:55 PM Author: mischievous talking range selfie maybe if you say pretty please or admit you are a moron obviously |
|
Date: January 21st, 2015 3:57 PM Author: Pink Vivacious Roommate Windowlicker I am a moron
Pretty please give a blowjob to your Glock. |
|
Date: January 21st, 2015 3:47 PM Author: Swollen rehab How do you know it had small upside? (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159154) |
|
Date: January 21st, 2015 4:25 PM Author: French tanning salon pozpig (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159393) |
|
Date: January 21st, 2015 4:31 PM Author: Cowardly place of business box office CR. tremendous upside with very low probabilities = low expected value
Like betting on the Knicks to win the NBA finals right now |
|
Date: January 21st, 2015 4:45 PM Author: mischievous talking range selfie except your post is exactly why anne is a moron anne says low upside, you say the opposite |
|
Date: January 21st, 2015 5:16 PM Author: Cowardly place of business box office yes she must have meant low EV (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159704) |
|
Date: January 22nd, 2015 12:41 PM Author: Racy Pale Senate No shit they don't invest to lose 99% of the principal. But that's always a possibility and always disclosed as such. You also, quite clearly don't know what upside means. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27164129) |
|
Date: January 21st, 2015 3:14 PM Author: crawly plaza generalized bond *loses 99,800,000 of other people's money*
*walks away with $6,000,000 in salary* |
|
Date: January 21st, 2015 3:15 PM Author: navy geriatric becky (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27158984) |
|
Date: January 21st, 2015 3:34 PM Author: milky curious business firm To be fair this is nothing compared to the kind of shit that caused ITE (see AIG, Bear Stearns, etc) (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159067) |
|
Date: January 21st, 2015 3:38 PM Author: stimulating hairless roast beef Explain (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159103) |
|
Date: January 21st, 2015 3:41 PM Author: milky curious business firm This thing blew up pretty quickly and wasn't systemic. Can't say that about ITE, and yet those bastards made off with a mint and didn't give a fuck. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159115) |
|
Date: January 21st, 2015 3:39 PM Author: bisexual heaven police squad i guess he learned it's harder to do this w/o inside info. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159109) |
|
Date: January 21st, 2015 3:48 PM Author: Cowardly place of business box office LJL @ giving Raj Rajaratnam's trader any money
JFC
Guy apparently gambled ALL his remaining AUM on short dated out of the money S&P calls banking on a huge run up before christmas
Instead the S&P cratered through mid december and dude lost it all |
|
Date: January 21st, 2015 4:02 PM Author: vibrant shimmering step-uncle's house ratface holy shit. how bad must his losses have been to bet everything? he must have been ready to killlself the week before christmas. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159248) |
|
Date: January 21st, 2015 4:10 PM Author: Dark Dog Poop what's the problem with that? galleon group had great returns. i would happily give my money to a hedge fund that aggressively used inside information to trade. the risk doesn't fall on the fund investors. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159299) |
|
Date: January 21st, 2015 4:30 PM Author: Cowardly place of business box office This is true as long as it isnt a ponzi scheme
The issue is that Raj was the one wheeling and dealing. This dude was just his trade execution monkey |
|
Date: January 21st, 2015 3:48 PM Author: Swollen rehab Wouldn't be surprised if he stole the money and said he lost it. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159164) |
|
Date: January 21st, 2015 4:00 PM Author: buff brethren lol i thought this was gonna be about some snotty hf manager pretending to care about the fact that almost no americans can have houses, families, cars, retirements, decent lives, regular season nfl tickets, or cable tv anymore. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159235) |
|
Date: January 21st, 2015 4:03 PM Author: Flickering Pungent Bbw This dude will be going to jail. (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159255) |
|
Date: January 21st, 2015 4:27 PM Author: French tanning salon pozpig (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#27159407) |
|
Date: September 30th, 2026 2:04 PM Author: Floppy casino toilet seat Update: He did not go to jail (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#50162383) |
|
Date: September 30th, 2026 2:32 PM Author: clear milk trump supporter his investors should go to jail for their retardation (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#50162417) |
|
Date: September 30th, 2026 2:50 PM Author: Heady Mood Newt hope he's doing well (https://xoxohth.com/thread.php?thread_id=2788137&forum_id=2#50162458) |