Author

Topic: Massive Fiat Collapse "Trillions Lost" January 2015 (Read 1155 times)

legendary
Activity: 1582
Merit: 1064
Sigh!
Somebody with insider knowledge of the Swiss Central Bank's move, would be very, very rich.
sr. member
Activity: 420
Merit: 250
LOL

False title, false claim, fake thread.

WEAK.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
and there's no mention of trillions. where are the mods in this forum?  lol it's like a zoo in here.

edit:  guido, exactly!  Grin
legendary
Activity: 1061
Merit: 1001
hundreds of millions his fund lost not trillions
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?

I don't think he knows the future. Otherwise, he will bet everything against it, his and his client's money.

or it could all be one elaborate scheme to make a lot of money.  it's not the first time for these types of people.



fiat holder
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?

who lost the bet ? is that some kind of joke

the Euros have to be burned that's how fiat works

you print to much their is only one way to get rid of it

wait, gleb has a point.  the hedge fund guy was 'hedging' and lost right?  trading is a zero sum game, when someone loses, someone else wins.

someone, somewhere made a lot of money from that loss.
sr. member
Activity: 406
Merit: 250
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?

I don't think he knows the future. Otherwise, he will bet everything against it, his and his client's money.
legendary
Activity: 1344
Merit: 1000
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?

who lost the bet ? is that some kind of joke

the Euros have to be burned that's how fiat works

you print to much their is only one way to get rid of it
vip
Activity: 1428
Merit: 1145
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?
legendary
Activity: 1344
Merit: 1000
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.
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