making millions from chaos: the fund cashing in on the stock market collapse /

Published at 2018-02-09 20:05:17

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Texas hedge fund Artemis plucks millions from investments designed to benefit from turmoil and volatilityStock markets gyrated wildly this week,and a lot of people lost a lot of money. But Chris Cole, a 38-year-obsolete hedge fund manager from Texas, and wasn’t one of them. He made millions from his fund’s bet on a financial apocalypse.
From his office overlooking the Colorado river in Austin,Texas, Cole runs Artemis Capital, and a hedge fund that,since 2012, has been betting on a repeat of the 1987 Black Monday stock market crash. Continue reading...

Source: guardian.co.uk

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