Billionaire trader John Arnold retires at 38
- Thread starter turkeyneck
- Start date
The article said he was up just under 10% in 2011. Not sure about 2012.
http://money.cnn.com/2009/11/23/news/companies/centaurus_john_arnold.fortune/index.htm
Another good article.
Another good article.
Quote from Brass:
So he's something of a genius, a really rich and accomplished guy and an Obama supporter. How does that make you feel, Mav?
Like Paul Tudor Jones, he supports both parties. He supported Bush in 2004. PTJ supported Obama in 2008 but is now supporting Romney. I really don't care who people support. That's their own business.
I agree 100% about not caring who people support. There will always be a range of political opinion among the rich (and poor) and someones professional accomplishments are reality in that sphere. Do I care if Babe Ruth was a socialist? If he was a gay socialist cross dresser he still hit 714 HR's.
Quote from Brass:
You're right, of course. Just that a lot of the guys with whom you often find yourself in agreement in P&R believe that only losers and deadbeats vote Democrat. So it's always refreshing when another billionaire joins the fold. Tell your friends.
Most billionaires are democrats. They pretty much have to be. If you are that rich, the only thing that can protect you is the government.
Excellent Point.
If it's so easy and rigged, then why aren't there 100 whales making 3.5 billion in their 30s?
Only 1 guy did this. Therefore, it is difficult as fuck.
You remind me of the boxing fans who said Joe Louis only had such a long run because he fought bums.