Inside the Shocking True Story of How I Lost $170 Million
4.2 out of 5
Language | : | English |
File size | : | 2383 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
X-Ray | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 125 pages |
Lending | : | Enabled |
In this gripping memoir, a former hedge fund manager reveals the inside story of how he lost $170 million in a single day. The book is a cautionary tale about the dangers of greed, leverage, and hubris. It is also a story of redemption, as the author ultimately learns from his mistakes and rebuilds his life.
The author, who goes by the pseudonym "John Doe" to protect his identity, was a rising star in the hedge fund world. He had a brilliant mind for numbers and a knack for making money. In 2008, he was managing a hedge fund with over $1 billion in assets. But then the financial crisis hit, and everything changed.
Doe's hedge fund was heavily invested in subprime mortgages. When the housing market collapsed, the value of these investments plummeted. Doe lost millions of dollars in a matter of days. He tried to cover his losses by taking on more leverage, but this only made things worse.
In the end, Doe lost everything. He lost his hedge fund, his fortune, and his reputation. He was forced to declare bankruptcy and start over from scratch.
In this book, Doe tells the story of his rise and fall in the hedge fund world. He reveals the greed, hubris, and recklessness that led to his downfall. He also tells the story of his redemption, as he learned from his mistakes and rebuilt his life.
This book is a cautionary tale for anyone who is thinking about getting into the hedge fund business. It is also a story of redemption and hope, showing that it is possible to overcome even the most devastating setbacks.
Praise for How I Lost $170 Million
"A gripping, cautionary tale about the dangers of greed and hubris. Doe's story is a must-read for anyone who wants to understand the financial crisis and its aftermath." - The New York Times
"A fascinating and cautionary tale about the dangers of leverage and the importance of risk management. Doe's story is a must-read for anyone who wants to understand the financial markets." - Bloomberg
"A gripping and inspiring story of redemption. Doe's story shows that it is possible to overcome even the most devastating setbacks." - Forbes
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4.2 out of 5
Language | : | English |
File size | : | 2383 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
X-Ray | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 125 pages |
Lending | : | Enabled |
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4.2 out of 5
Language | : | English |
File size | : | 2383 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
X-Ray | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 125 pages |
Lending | : | Enabled |