Does anyone know the status of the Matador fund? Is it completely wiped out? What happened to Neiderhoffer?
Matador funds lost > 75% and were liquidated. Victor is down to "trading his own account"... see last page of this article. Victor may be a great short-term trader... But he has NO CLUE about risk management. The guy was selling volatility for years at all-time lows. The next financial crisis was gonna wipe him out... And the Day of Reckoning came last summer. http://www.newyorker.com/reporting/2007/10/15/071015fa_fact_cassidy