(18-01-2015, 09:05 AM)edragon Wrote: A Hedge Fund With $830 Million In Assets Went Bust After The Swiss Franc Surge LINK
" lost almost all its money"
"clients' money?"
No need to see also know the fund used lots of leverage
to magnify 'arbitrage' returns. Or write a lot of naked puts. Never read 'When Genuis Fails'
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster