Melvin Capital Lost 53% in January, Hurt by GameStop and Other Bets

[Overnight]

The bleeding isn't over. Q1 2021 is really going to suck for the broader markets around the world.

 

[murray t turtle]

,, - Melvin, how was your 2021 ?
- Well, it started all good & ... ''

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Good thing it was not 60% DD\people really frown on that DD...................................

 

[Nobert]

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Good thing it was not 60% DD\people really frown on that DD...................................

Wassup with 60% drowndowns ?

 

[murray t turtle]

Wassup with 60% drowndowns ?

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Its too much past 53% or 50%/LOL......................................................................
NO wonder those hedge funds put more money in@53%/ he had done well in the past

 

[Nobert]

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Its too much past 53% or 50%/LOL......................................................................

Aaaah, yes, ofcourse