Discussion in 'Wall St. News' started by OnClose, Jun 26, 2012.
I wonder if Amaranth blunder is how John Arnold made his hedge fund's money?
Amaranth blew up MotherRock. Centaurus blew up Amaranth. Low volatility blew up Centaurus.
Just shows you what vultures investors (traders) are. One person opens his big mouth that a position is going against him and the rest is history. The trade blows up, the vultures swoop in and then we have stories to blog about!!!
Thats exactly why you never tell anyone your positions.
It's like telling others your cards in a game of poker... Beyond stupid!
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