Title: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: Bitcoinpro on January 18, 2015, 06:56:52 AM 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. Title: Re: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: Gleb Gamow on January 18, 2015, 07:49:19 AM 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? Title: Re: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: Bitcoinpro on January 18, 2015, 07:51:40 AM 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 Title: Re: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: BitmoreCoin on January 18, 2015, 08:35:26 PM 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. Title: Re: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: tokeweed on January 18, 2015, 08:59:21 PM 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. Title: Re: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: tokeweed on January 18, 2015, 09:02:41 PM 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. http://i.dailymail.co.uk/i/pix/2008/10/07/article-1070650-02EBEF6900000578-56_468x633.jpg fiat holder Title: Re: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: Guido on January 18, 2015, 09:04:10 PM hundreds of millions his fund lost not trillions
Title: Re: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: tokeweed on January 18, 2015, 09:05:01 PM 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! ;D Title: Re: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: Honeypot on January 18, 2015, 11:07:15 PM LOL
False title, false claim, fake thread. WEAK. Title: Re: Massive Fiat Collapse "Trillions Lost" January 2015 Post by: botany on January 20, 2015, 12:20:24 AM Sigh!
Somebody with insider knowledge of the Swiss Central Bank's move, would be very, very rich. |