ScooterScot IS NOT the worst investor in the world

[_V_]

He is the 2nd worst investor in the world

https://www.bloomberg.com/news/featu...on-in-two-days

Before he lost it all—all $20 billion—Bill Hwang was the greatest trader you’d never heard of.


Starting in 2013, he parlayed more than $200 million left over from his shuttered hedge fund into a mind-boggling fortune by betting on stocks. Had he folded his hand in early March and cashed in, Hwang, 57, would have stood out among the world’s billionaires. There are richer men and women, of course, but their money is mostly tied up in businesses, real estate, complex investments, sports teams, and artwork. Hwang’s $20 billion net worth was almost as liquid as a government stimulus check. And then, in two short days, it was gone.

[AtW]

So 20 bln USD, what was his leverage, at least 5, maybe 10?

$100-200 bln equivalent of manipulating markets, must be illegal - no money on the barrel should mean no sale.

[northernladuk]

He is the 2nd worst investor in the world

https://www.bloomberg.com/news/featu...on-in-two-days

But is he a tedious chunt as well? Scoots gotta have him beat hands down there.

[Whorty]

How much did this guy make on Centrica?

[BlasterBates]

Not only has he lost $20 billion, he now owes the banks several billion.

[Whorty]

Not only has he lost $20 billion, he now owes the banks several billion.

Did he short the FTSE 100, expecting it to hit 4500 last April?

[AtW]

Not only has he lost $20 billion, he now owes the banks several billion.

Hardly his problem now