What kind of approach can make you INSANELY rich?

[Zzzz1]

Timing is everything as always.

Chelsea Clinton's husband did that with Greek bonds, lost 90 percent of the money and finally liquidated his hedge fund this week.

 

[speedo]

Chelsea Clinton's husband did that with Greek bonds, lost 90 percent of the money and finally liquidated his hedge fund this week.

Distressed mortgage paper almost blew up the world's economy.

 

[Zzzz1]

And also handed a fortune to those who understood it. Distressed debt investments and trades are the underlying building blocks of one of Asia's most successful hedge funds based here in Hong Kong. The more opaque and complex the more juice there is for the one not being afraid to dig in and the one keen to study details and specifics. It does not hurt to pepper that with good relationships and information sources as long as it is on the legal side of things.

Distressed mortgage paper almost blew up the world's economy.

 

[bone]

Marry into some serious money and fuck it all.

 

[kent]

Best would be, based on current Trend: Access to mind of DJT esp before he types his tweet and more precise, before he types a tweet about a company. You short that stock or buy based on his comment. So you bet your entire wealth with insane leverage and make lots of money. SEC/CFTC will/should ignore your trades or you become friends with all the wall street guys in the WH so that they donot touch you and worst case, you settle with them throwing a bone to them. (you stay away from jail or make some brown guy to trade and claim you were not aware of what he was doing! ) ..

 

[ironchef]

What kind of investing/trading do you have to do to become SUPER rich, like earn BILLIONS$? What should be your approach in theory?

Time, compounding and luck.

 

[Chuck Krug]

Make 2 ES points a day with 1000 contracts

 

[FCXoptions]

Chelsea Clinton's husband did that with Greek bonds, lost 90 percent of the money and finally liquidated his hedge fund this week.

Did anybody actually expect Greece to make good on their bonds?

 

[Frederick Foresight]

Have you seen the P&R forum, or what's left of it? Some of the folks there forwent the "rich" part and went straight to "insane."

 

[speedo]

Have you seen the P&R forum, or what's left of it? Some of the folks there forwent the "rich" part and went straight to "insane."