
Bill Perkins is Not Afraid
Risk of Ruin
The Gopher Brook Strategy - The Greatest Hedge Fund Loss Ever
The chief natural gas trader at Enron was a guy named John Arnold. He took his last bonus and started a fund called Centaurus where he recruited Bill and a few others to join him. In a few years, they were a major player, managing several billion dollars. As Centaurus grew, one of their key rivals blew up. Amaranth Advisors was a nine billion dollar fund that soared and crashed mostly due to one energy trader.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.