Not in the industry, but curious to see what all your thoughts are on this:
https://www.bloomberg.com/news/articles/2018-11-1…
Never heard of this guy, but obviously had a decent amount of money as some structures were 1M or 10M minimum in accounts. Optionsellers doesn't sound legit at all but looks like he was wiped out due to huge energy swings recently.
| +117 | Best SM seats in 2024? | 84 | 6h | |
| +93 | If and when to move to a pod? | 28 | 13h | |
| +72 | Pod Shop Regret | 24 | 2d | |
| +33 | Intellectual Caliber of People in HF | 33 | 4h | |
| +23 | Understanding pod shop leverage & cash usage | 2 | 4d | |
| +21 | Alta Fox - How did Connor Haley do it? | 17 | 1h | |
| +18 | UPenn SEAS vs Cornell Engineering | 7 | 14h | |
| +16 | SM Career Trajectory | 5 | 1d | |
| +15 | PMs: move across platforms, latest terms | 15 | 20h | |
| +10 | RIP Jim Simons | 7 | 2m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Also not in the industry, but just saw this as well. Dude is sobbing lol. Anyone familiar with this fund?
Video on youtube:
I'm going to take a wild guess and say he was long oil/short natgas at the exact wrong time. Oops. Where's the hedging, bro?
Wow, simultaneously captivating and cringeworthy.
As if the video wasn't cringeworthy enough, go look at his seeking alpha account... 1 November 2018: " Option Selling Opportunities So Good They're Scary" 22 October 2018: "How to Use the "Submarine" Method of Managing Risk in Your Option Selling Portfolio"
Heavy plot twist my guy.
Est est et id ut non. Dolore possimus pariatur nesciunt aspernatur. Sint odio eum quo incidunt sint odit maiores. Explicabo accusantium ex illo dolorem aspernatur. Illo voluptatibus tenetur et ab consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...