Bill Hwang Had $20 Billion, Then Lost It All in Two Days
The fast rise and even faster fall of a trader who bet big with borrowed money.
The fast rise and even faster fall of a trader who bet big with borrowed money.
The Medallion Fund, a computer-driven hedge fund open to only 300 people, has produced about $55 billion in profit over the last 28 years. Almost nobody knows how they have done it.
Katherine Burton Bloomberg Business Nov 2016 15min Permalink