/9918578/Banner

/9918578/Banner_2

/9918578/Mid

section

articleId

product

orgType

parrefer

accountID

Consulting

Banking

Accounting

Fintech

Internships

Rankings

Internship Rankings

Intern Resource Center

Explore Internships

Vault Law Home

Practice Area Resource Centers

Regional Resource Centers

Summer Program Resource Center

Vault Law Culture & Inclusion Survey

Vault Law

Guides

Events

Financial Services

Technology

Grad School

Work Relationships

Productivity

Diversity, Equity & Inclusion

Social Impact

Remote Work

Negotiating

Changing Jobs

Workplace Issues

Blog

Resume Samples

Cover Letter Samples

Interview Tips & Questions

A Day in the Life

International

Career Readiness

Explore Professions

Research Industries

Search Companies

Career Advice

Employers

Schools

&lt;p&gt;We all know that hedge fund investors can make millions of dollars in a matter of seconds (especially after receiving top secret 411 commonly known as &quot;material inside information&quot;), but they can also lose several million dollars just as quickly (when they aren&#39;t privvy to inside info and have to rely on their own investing instincts).&lt;/p&gt;&lt;p&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;http://content.screencast.com/users/dloos/folders/Jing/media/1d20f859-7dc0-4c17-8006-50c53b30beb0/00000314.png&quot; border=&quot;0&quot; alt=&quot;&quot; width=&quot;201&quot; height=&quot;277&quot; align=&quot;left&quot;&gt;Exhibit A in the loser department is a big swinging European hedge fund investor named Phil. Phil (whose surname is Jabre and whose hedge fund is called Jabre Capital Partners) placed a few towers of his heavy chips into the Japanese stock market after the recent earthquake rocked the country, figuring that Japanese equities were underpriced and would soon rebound and, thus, he would cash in big. But it turned out that the Nikkei Exchange plummeted by 13 percent so Phil figured he better get out while he can (he was rather worried about the effects of those nuclear spills on Japan&#39;s economy) and thus he sold his position, cutting his losses. But it turned out that Phil was wrong again. The Nikkei actually rose right after Phil sold and Phil (and thus his clients) missed out on some decent-sized gains. In fact, Phil&#39;s quick losses in the wake of the quake wiped out all the money he&#39;d made (and thus his clients had made) during the previous six months.&lt;/p&gt;&lt;p&gt;In Phil&#39;s defense, the effects of the devastating Japanese earthquake were not easy to predict. As Phil points out, &quot;It&#39;s the first time a nuclear meltdown was at risk. It was hard to assess the consequences.&quot;&lt;/p&gt;&lt;p&gt;(WSJ: The $300 Million Blunder)&lt;/p&gt;

Derek Loosvelt

Article

Investment Banking Internships for Summer 2027 Are Open: How, When, and Where to Apply

MBA vs. CFA: Which Pays Off More for Banking and Finance Professionals?

How AI is Changing Careers in Banking and Finance

Where the Vault Fintech 100 Firms Are Headquartered

The Library

Hedge Fund Loses $300 Million in Less Than Two Weeks

We all know that hedge fund investors can make millions of dollars in a matter of seconds (especially after receiving top secret 411 commonly known as "material inside information"), but they can also lose several million dollars just as quickly (when they aren't privvy to inside info and have to rely on their own investing instincts).Exhibit A in the loser department is a big swinging European hedge fund investor named Phil. Phil (whose surname is Jabre and whose hedge fund is called Jabre Capital Partners) placed a few towers of his heavy chips into the Japanese stock market after the recent earthquake rocked the country, figuring that Japanese equities were underpriced and would soon rebound and, thus, he would cash in big.

Hedge Fund Loses $300 Million in Less Than Two Weeks | Career Advice - Vault

Vault by Infobase

Hedge Fund Loses $300 Million in Less Than Two Weeks

Employers

Schools

Vault Gold

Careers

Blog

Vault Law

Contact Us

Help Center