Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

December 18, 2020 | Classic: Student First Made Gains Before Losing Father’s $50 Million Trading Stocks

Danielle Park

Visit Guest's Website
Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

The son of a Russian oligarch lost $50 million making risky trades while at university.  This is present madness writ large.  See:  A Russian oligarch’s son lost $50 million making risky trades at university:

Temur’s trades weren’t always losing ones. The London School of Economics student said he first made a profit trading stocks before sliding into losses. He then tried to rebound with riskier bets, but the positions burned the rest of his balance, according to Bloomberg.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

December 18th, 2020

Posted In: Juggling Dynamite

Previous: «

Next: »

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.