Monday, October 10, 2011

In The Spirit Of Transparency: My Unrealized Losses


The shitty part about speculating -

"A few months before the dot-com bust, Greenlight was burnt by a short on Chemdex that was bought back at $160, losing the firm 4% of its total capital. In a few months, Chemdex stock was worth around $2."

http://en.wikipedia.org/wiki/Greenlight_Capital

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