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Wednesday, March 31, 2021
Get a Load of This Guy
You Have To Leverage This Chaotic Opportunity!
Hey Trader,
Eight years ago, Bill Hwang founded the family office hedge fund Archegos Capital Management.
But the fund just went up in smoke.
Here's the rub: Archegos held large, highly leveraged positions in several big stocks.
With $15 billion in assets, it held over $80 billion in nominal exposure.
In other words, the fund was leveraged at more than 5 to 1.
Clearly, he got greedy, like the Wall Street fat cats always do.
Market Traders Daily Director of Client Services 888-228-2376
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