http://www.cnbc.com/2015/08/06/god-trader-andy-halls-fund-loses-500m.html
Any comments on why he messed up?
Any comments on why he messed up?
"GOD Trader loses $500 Million" Andy Hall Hedge Fund CNBC Info
- Thread starter RabidTrader
- Start date
The fact that he had 500 mill to lose is the most impressive part.
Big deal 
...
To gain or lose $500 million is nothing to a hedge fund...that's just a normal deviation. Another day at the office. Business as usual. You win some, you lose some. Fight and march another day. Take another gamble. yadda yadda yadda
...To gain or lose $500 million is nothing to a hedge fund...that's just a normal deviation. Another day at the office. Business as usual. You win some, you lose some. Fight and march another day. Take another gamble. yadda yadda yadda
Big deal
To gain or lose $500 million is nothing to a hedge fund...that's just a normal deviation. Another day at the office. Business as usual. yadda yadda yadda
Definitively does not know what he is talking about : every heard of "investors cash fleeing?".
Arrogance comes before a fall-- "god trader" LMFAO!!
surf
surf
This is a classic : trading success , and down the road overconfidence and complacency.
Psychology/spirituality again.
$500 million is HUGE for anyoneBig deal
To gain or lose $500 million is nothing to a hedge fund...that's just a normal deviation. Another day at the office. Business as usual. You win some, you lose some. Fight and march another day. Take another gamble. yadda yadda yadda
come to jesus moment
It does happen in mkts like this. Anywhere at the beginning or "in the middle" of a bull mkt a seasoned trader or investor can buy at "left for dead" prices in any instrument. But as one gets to the general top of a mkt many instruments (or individual stocks) don't come back soon enough and the hedge fund shows the losses once a quarter or more of activity shows up on the books (fund withdrawals). Right about now we are past a quarter on many things in low and lower and no v bottom ... metals, oil, gas, Greece debt , Puerto Rico debt, gold, emerging currencies, emerging stocks, the fracking dynamic. If they hold some financial stocks they might buy some time after Thursday.
It does happen in mkts like this. Anywhere at the beginning or "in the middle" of a bull mkt a seasoned trader or investor can buy at "left for dead" prices in any instrument. But as one gets to the general top of a mkt many instruments (or individual stocks) don't come back soon enough and the hedge fund shows the losses once a quarter or more of activity shows up on the books (fund withdrawals). Right about now we are past a quarter on many things in low and lower and no v bottom ... metals, oil, gas, Greece debt , Puerto Rico debt, gold, emerging currencies, emerging stocks, the fracking dynamic. If they hold some financial stocks they might buy some time after Thursday.
Last edited: