Bill Hwang, "Tiger Cub Archegos Liquidation Triggers Record Crash in Discovery, ViacomCBS "

Shorn' nuff.

 

So he had $30B in exposure and $10B in equity? He was long like 6 stocks? lmao

 

lol a month ago the dude was up $10-12B and now he's running a debit. wheeeeeeee!

 

IB only gives 2.8x leverage on his positions at small size and at bigger size but less than $1bn it goes to 1.7x leverage. At that rate, Reg T is better than PM for IB!

 

i think they are saying at the height his total exposure was 100bn with a networth of like 12bn.

 

Insane. Given that the financial system is a house of cards, this kind of shit should be illegal

 

Stick to high freq or whatever, ostensibly, you do.

 

But you did wait with your reply quite a while so that in hindsight you minimized the risk of having this post of yours turn into a fart. It's a pure game of probabilities. Contagion did not set in this time. Lost a few on my yen longs into Mon open, that's the game.

 

Two trading days? BIDU is up 10%. NDX is less than 50 from my call. You don't trade or you're a hobbyist. There is nothing else to be taken from your comments. To not recognize the importance of the BWIC and the reversal in China ADRs is proof. You're not even worth trolling.

 

You conveniently waited until markets comfortably reversed. So much about your view. In hindsight, yes. I lost close to nothing, less than 30bps of my account. The market did not go into meltdown and that's it.