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Algorithmic Swing Trading With Michael Nauss

Lead-Lag Live

00:00

Cryptocurrency

I saw a hedge fund go from 100 million to 4 billion during the great financial collapse where their job was to buy distressed debt. And they did phenomenally and they raised a whole bunch of money, but when the market recovered and there wasn't so much distressed debt defined, then it goes bankrupt. It brought me back to this one guy sitting with his feet up in the middle of Manhattan. I think it might just be, you know, you have to be an old man.

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