AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
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
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode