How Amaranth Advisors Lost $6 Billion in 20 Days: A Quantitative Post-Mortem

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts

Navnoor Bawa

How Amaranth Advisors Lost $6 Billion in 20 Days: A Quantitative Post-Mortem

September 14, 2006. A single trading day. Amaranth Advisors, a $9.2 billion hedge fund, hemorrhaged $560 million on natural gas positions.[¹][²]

Continue reading this post for free, courtesy of Navnoor Bawa.