The 31-Year-Old Hedge Fund Star Who Was Paid $119 Million

Discussion in 'Wall St. News' started by Banjo, Apr 10, 2014.

  1. Banjo

    Banjo

  2. gmst

    gmst

    now surely day trading income cant compare to this :D:D:D:D
     
  3. I hope this young punk reads ET. He can probably improve his returns by learning how to draw a straight line.
     
  4. Broke or the next Soros in 10 years? Anyone care to wager??
     
  5. jem

    jem

    wow
     
  6. This sounds quite low, given he allegedly made $2bn... If $119 bucks is all he got, that's like a 6% cut. Also, it was all stock, which is weird.

    I imagine he really got paid quite a bit more and the $119 is just the publicly disclosed portion.
     
  7. Even if he did generate around $2bn, I'd be satisfied with $119 Million. That's a hell of a deal when you're trading with someone else's money.
     
  8. OPM. = a free option. You win you win big. You lose big you get to play again-- no room for wuzzies or saps in the game. Scared money is the only loser.
     
  9. Exactly. I'll take that opportunity any day! I wouldn't give a damn if I made $100bn for them and only received $1bn, I'm satisfied. LOL
     
  10. "Och-Ziff’s main hedge fund, which has trailed the performance of the U.S. stock market in recent years, is up 0.31% in 2014 through March, an SEC filing show."

    And people pay how much for this?
     
    #10     Apr 12, 2014