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John Arnold – Why The Greatest Natural Gas Trader Walked Away To Pursue Philanthropy | #386

The Meb Faber Show - Better Investing

CHAPTER

The Most Memorable Trade or Investment of 2008

The most memorable trade was really, I think that whole trade of 2008 where you spent half the year with the markets just going up. And we reversed our position almost at the exact top and then rode the whole thing straight down. So that was one that I look back and that was really the peak of my trading career. In terms of the grants, when we got involved in healthcare and we'll get the touch on this a little bit, I guess, we approached it from how do we reduce costs? The first thing we started working on about eight years ago was drug pricing. It wasn't part of federal legislation, but it was we had identified this as a deep flaw in the system

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