Hedge-fund prodigy takes a $300 million hit

lawrence-lugar said:
Reminds me of a line in Rogue Trader 1999 movie....Ewan McGregor said something like: 'could have just as easily went the other way....if it went the other way, i would have been a hero.'
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Ironically, some of those famous "Market Wizards" were on the favorable side of the coin flip at some time during their formative years...It was a familiar theme; big bets that went their way and set them up with a sizable capital base...
 
It's incredible that these monkey-managers ("money managers) get paid so much and are so abysmal at what they do.


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Chopra’s Tiger Ratan Capital Fund LP fell about 33% over the past three months, wiping out her gains for 2015 and eating into more than half of last year’s profits, according to investor documents and people familiar with the matter.
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Tiger Ratan’s main fund is now down about 12% through the end of October, the people said, compared with a 1% loss for the average stock-picking hedge fund tracked by HFR Inc. The S&P 500 is up 2% this year, including dividends. Tiger Ratan has given back more than half of last year’s 22.6% gain."
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They should learn should charting

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Video comments on chart:
http://screencast.com/t/QdKbdihU3Xtr
 
aquarian1 said:
It's incredible that these monkey-managers ("money managers) get paid so much and are so abysmal at what they do.


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Chopra’s Tiger Ratan Capital Fund LP fell about 33% over the past three months, wiping out her gains for 2015 and eating into more than half of last year’s profits, according to investor documents and people familiar with the matter.
...
Tiger Ratan’s main fund is now down about 12% through the end of October, the people said, compared with a 1% loss for the average stock-picking hedge fund tracked by HFR Inc. The S&P 500 is up 2% this year, including dividends. Tiger Ratan has given back more than half of last year’s 22.6% gain."
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They should learn should charting

View attachment 159240

Video comments on chart:
http://screencast.com/t/QdKbdihU3Xtr
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So I should assume you saw this chart pattern and made millions shorting right?

Charts are pretty easy to read after the fact. If you truly believe in your skills tell me where the SPX is going to be in 4 weeks.. just look at the chart and tell me if it is so easy
 
Guile said:
This smells like an affirmative action hire. The press is ready to anoint any moderately competent woman as a heroic modern day Joan of Arc. This is where that kind of bullshit leads...
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Well this white, American male acknowledges the fact that far too many other white American males have blown up running hedge funds who shouldn't have been given a $2000 Schwab account. Incompetence abounds no matter ethnicity.
 
SunTrader said:
Well this white, American male acknowledges the fact that far too many other white American males have blown up running hedge funds who shouldn't have been given a $2000 Schwab account. Incompetence abounds no matter ethnicity.
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I was commenting on her gender not her race. What's the point of your white knighting anyway?
 
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