How to Lose $20 Billion in Two Days

It would be hard to find someone who lost as much money as quickly as Bill Hwang did in March 2021. The previously unknown Wall Street whale and his family firm, Archegos Capital, triggered losses of more than $20 billion in just two days. The result was one of the most spectacular implosions in modern financial history. 

Read more about Bill Hwang on Bloomberg Businessweek:

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47 thoughts on “How to Lose $20 Billion in Two Days”

  1. I am from England where i work as a journalist until i met Expert Mrs Amanda K Mrs Amanda K is legit and her method works like magic. I keep earning every single week with her new strategy.

  2. Adani just lost 49 billion in 2days…n in 3 days 68 BILLION dollars.. he slipped from third richest to 8th richest in just three days… on the second day he lost so much money that no one in history had ever lost such wealth in a single day.

  3. Have you heard of the stories in the bible ? of Jesus throwing out the money changers ? or the man who was swallowed by a big fish and survived ?

  4. The guy’s last statement is so strange to me. Why is it hard to square the fact that a man who was “the pillar of his church” and a man making insane “wild speculative bets” are one in the same? Both religion and Hwang’s investment strategy require ignoring basic logic and a certain degree of narcissism and stupidity. Seems to fit perfectly to me.

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