What happened to Gary Bielfeldt?

Discussion in 'Trading' started by pikachu9, Apr 17, 2011.

  1. How did he lose most of his money trading in the late 1980s when he incurred $172 million in capital losses? Does anyone know?
  2. Based on his trading style, my guess is that he got whipsawed numerous times in the trendless T-bond market of the late 1980s.