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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 427 KB, 1115x684, james cordier optionsellers.png [View same] [iqdb] [saucenao] [google]
16130641 No.16130641 [Reply] [Original]

Never forget.

https://www.youtube.com/watch?v=VNYNMM0hXXY

>> No.16130838

>>16130641
what happened? was this some bullshit "free money" option seller fund that got fucked when volatility hit?

>> No.16130853

I wonder if he finished the bbq sauce

>> No.16130876

>>16130838
he sharted natural gas

>> No.16130891

>>16130838
I think it was something about the energy markets. Like there was a sudden spike and he got liquidated. There was some Swedish or Norwegian trader who lost his $114m on that same spike as well.

>> No.16130892
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16130892

>>16130838

>> No.16130938

holy shit, watched some about this. This is tragic.. boomers fell victim to their own greediness. couldnt setlle with the greatest bull run since the 80s, had to invest in a fund with unlimited risk

>> No.16130940

>>16130892

A boomer and his money are quickly parted.

>> No.16130987

>>16130641
I heard he is homeless now, is it true?

>> No.16131000

>>16130938
>had to invest in a fund with unlimited risk
this is the messed up part, they lost more than they invested. the leverage was so high and wasn't closed in time, so the broker ended up having lost more than he had and the bill was transferred to the investors - since it was on their behalf he invested and therefor them that owed money to the broker.

>> No.16131025

>>16131000
Good, fuck white people

>> No.16131044

>>16130876
Was he one of those no-stop-loss "traders?"

>> No.16131109

>>16131025
don't be a racist, just because we are talking about investment doesn't mean that PoC isn't involved.
Not all black people are on welfare or work minimum wage jobs, there are some that actually earns money and invest.

>> No.16131178

>>16131109
boomer blacks that are rich don't exist. Only millenials. White people have a massive lead advantage in the economy since they're born out of successful families, while black peoples ancestors were slaves instead of business owners, so we are starting with 0. The fact that there are still white people out there who aren't successful is funny despite the massive advantage they got from family.

>> No.16131292

>>16130892
>at the end of their lives with 1 million dollars saved
>could just easily live off that and take vacations every month
>decides to be a fucking Jew typical boomer and wants more
>gets absolutely rekted
She and her 90yo husband deserved it.

>> No.16131324

>>16131178
>only rich white people exist

>> No.16131331

>>16131178
and also many immigrants with nothing end up successful within a generation yet with all the handouts most blacks still fail because you’re not meant for civilization.

>> No.16131334

>>16131178
you spend too much time on social media if you actually believe that nonsense

>> No.16131341

>>16131178
>EvERy wHITe iS rIcH

>> No.16131364

I remember /smg/ that day

>> No.16131396

>>16131178
based bait

>> No.16131481

>>16131331
You do realize immigrant isn't a race retard? Immigrants are a minority of a race, most people belonging to those races are working a penny a hour you low IQ retard.

>> No.16131494

>>16131324
>>16131341
I said there are still white people who aren't successful. Reading these replies makes it clear why some white people fail at life. You're idiots.

>> No.16131774

>>16130838
I forget the details but he basically put 100% of his fund into selling naked calls that all went against him at the same time.

>> No.16131777

>>16131364
what was it like?

>> No.16131811
File: 789 KB, 1200x800, 1572822008386.png [View same] [iqdb] [saucenao] [google]
16131811

>garnish hees wayshes mr macdonald

>> No.16131923

>>16130892
Fuck me, this was a year ago already.

>> No.16132095

>>16130641
This man is literally /biz/. Absolute fucking retard.

>> No.16132180

>>16131178
fuck off back to africa nigger and start from zero like white people did WAY BACK BEFORE MUH SLAVERY
which btw your fellow niggers were selling each other to jews and brought them back to sell to other jews and a minority of whites
>https://www.youtube.com/watch?v=pvyIFEeaAoU
OH NO NO NO

>> No.16132191
File: 425 KB, 616x736, 1555967147680.png [View same] [iqdb] [saucenao] [google]
16132191

>>16130641
https://youtu.be/X8SNPCtk6Yk

>> No.16132230

>>16130940
imagine it's your parents. inheritence money gone

>> No.16132333
File: 538 KB, 667x1000, THEFUCKDIDYOUJUSTSAY.jpg [View same] [iqdb] [saucenao] [google]
16132333

>>16131178
>so we are starting with 0
Jesus fucking Christ. Stop this Us vs. Them shit. Keep complaining about other people having it better than you and you'll never realize the opportunities you have sitting right in front of you. If you can't respect what you have and what others have, how do you expect your kids to have an understanding of wealth even if you make it?

>t. 3rd world anon who is a descendant of a black slave master

>> No.16132364
File: 552 KB, 1375x718, 1556709848284.png [View same] [iqdb] [saucenao] [google]
16132364

>>16132191

>> No.16132400

>>16132191
holy fuck what a drunk loser. never heard about this before this is gold

>> No.16132540

>>16132230
Boomers are gonna boomer I guess