The Manchild Chronicles

Floundering Through Adulthood

Posts Tagged ‘finance

Meriwether’s 9 lives

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John Meriwether was the focus of Liar’s Poker, When Genius Failed and is now bottoming out again.

How many of his investors were a part of all three rides?

On the other hand, he picks the bubble well; his most recent fund, JWM partners turned 250 million into 2.6 billion in seven years; proving that you can always make money with enough starting capital, you just can’t predict when you will lose it.

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Written by Demosthenes

March 19, 2008 at 5:30 pm

Posted in crash, finance

Tagged with , , , , ,

J.P. Morgan keeps cash in his pockets

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Brad DeLong on how to buy a 1.2 billion dollar building for 240 million

Written by Demosthenes

March 17, 2008 at 5:23 pm