106: Turney Duff – A Wall Street Trader’s Tale of Spectacular Excess
Chat With Traders
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How I Made $10 Million Over a Seven Year Period
"I made $10 million, I would say over like a seven year period," he says. "When I went to rehab and came back and went to jail Berkowitz, which is Jim Kramer's old fund, I negotiated a percentage of the profits" The management fee alone paid him about $600,000 or $700,000 in one year at Argus when we were over a billion dollars,. He calls it a bonus, but I negotiate, you know, a minimum percentage of the profit.
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