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Wiped-Out Hedge Fund Manager Confessed His Losses On YouTube

FYI: It looks like the hedge-fund equivalent of a hostage video.

James Cordier, in a dark suit, cuff links and expensive-looking watch, sits in a brown leather chair and stares into a camera, his hands folded in front of him.

Then he delivers the bad news.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-11-19/hedge-fund-s-accounts-liquidated-amid-energy-market-volatility

Comments

  • edited November 2018
    Investing over time tends to humble all of us. Sometimes I think we need a thread about our dumbest investments or decisions over the years.

    @Ted - Your 1-2 minute clip seemed so tantalizing I located the full 10-minute Utube video of Mr. Cordier speaking to the camera. Hope that's OK. Here's the full 10-minutes worth.


    ---


    And, in keeping with the spirit of contriteness, here's a video of Louis Rukeyser back in 1987 trying to make sense of a disastrous week in the markets. Interestingly, both videos run about 10 minutes.
    https://m.youtube.com/watch?v=XFn1G2goDQw
  • I'm sure he will survive. He probably wasn't investing his net worth in the same manner.
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