Melvin Capital February Gain.

https://www.google.com/amp/s/financ...vin-capital-surged-22-february-215002243.html He’s awesome managing $8 billion and generating double digit returns after getting clobbered.

 

I looked to see if anyone posted his 22% February return, apologies if it’s a double post!

 

So it's now (53 - 22) = 31% down?

 

Depends on the reference point (base capital), guess the DD is more like 100% * ((0.47 * 1.22) - 1) using your numbers.

On main topic, I would (hypothetically) trust Plotkin more with my capital now than previously. Doubt he ever wants to get this humiliated again.

 

Well I hope he hedges. That would've eliminated the majority of his "humiliation".

 

Definitely, if Cohen and Griffin were willing to bail him out instead of cutting their loses he’s got to be a super trader(No disrespect to Karen )!

 

Karen is not a super trader so no disrespect there. Though I don't think Plotkin is a super trader either. He's been investigated for insider trading. Anybody can become an ultra trader by using insider information so anybody using insider information to make $$ does not qualify even as good traders in my book.