Over $120M invested in a CTA which lost...

Discussion in 'Trading' started by DT-waw, Aug 15, 2011.

  1. Looks to be a levered version of their program, hence the huge run-ups and drawdowns. A CTA that lost anything like 90% in their plain vanilla program wouldn't still be in business.

    It does appear a large subscription came in just before their meltdown. Murphy's Law...
  2. Lots of wealthy gamblers out there. Throwing several million into a fund is like buying a scratch off ticket to the super rich. surf
  3. What kind of PR department do you need to tell investors you lost 89% of their money?
  4. if you blow up big on wallstreet, it's actually easier to raise money---

    weird but history proves it as true.

  5. Hmm.... The return of Dick Fuld?