31. Why Investing With Leverage is so Risky – The Epic Rise and Fall of Bill Hwang and Archegos Capital
31. Why Investing With Leverage is so Risky – The Epic Rise and Fall of Bill Hwang and Archegos Capital
Bill Hwang of Archegos Capital had a 10x return on his money in less than 7 years. He went from a net worth of “just” $200 million to over $20 billion dollars. Then it all came crashing down when one of his investments turned against him — causing a catastrophic chain reaction. Check out the episode to learn about Bill’s story.
Music:
https://pixabay.com/
Sources:
https://www.focusonthefamily.com/contributors/bill-hwang/
https://www.bloomberg.com/news/features/2021-08-31/city-to-pittsburgh-please-annex-us
Podcast website:
Wall Street Vision Investing Podcast
Get in touch with Vlad:
Disclaimer:
This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.