Martin Schwartz talks about losing $25m Feb 2018

Discussion in 'Wall St. News' started by ZBZB, Jan 1, 2020.

  1. ZBZB

    ZBZB

    nooby_mcnoob likes this.
  2. I love this guy. Seat of his pants.
     
    comagnum likes this.
  3. Also very pissed I can't find this podcast off spotify (at least on Google play)
     
  4. ZBZB

    ZBZB

    Have you got the Spotify app?
     
  5. Listening online anyway, but needed to sign up.
     
  6. SteveM

    SteveM

    Thanks so much for posting, ZBZB.

    Marty Schwartz is my all-time favorite trader. This is the first I have heard him speak publicly since 2013. At 74 years old, I wish he would give more public interviews. The guy is the Wayne Gretzky of trading as far as I am concerned (in terms of self-made retail traders).
     
    nooby_mcnoob likes this.
  7. jordi742

    jordi742

    So, he short 14k put options but he didn't say if it was in crude oil market or the s&p.

    Why options and not futures?
     
  8. destriero

    destriero

    So the BS in Pit Bull about his tape reading, etc. and the fool was simply shorting naked calls.
     
    MoneyMatthew likes this.
  9. ZBZB

    ZBZB

    He changed strategies when he moved to Florida.
     
  10. ZBZB

    ZBZB

    It was Feb 2018 when vol exploded in stock indexes.
     
    #10     Jan 1, 2020
    jordi742 likes this.