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Andy Hall lost 35% reportedly on Astenbeck's oil trades
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Anonymous
2016-02-23 01:52:56 Post No. 1106576
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Anonymous 2016-02-23 01:52:56 Post No. 1106576 [Report]
Andy Hall lost 35% reportedly on Astenbeck's oil trades. People chimed in that maybe Andy isn't the "oil God" everyone likes to say he is.

Analyst sees the negative comments about Andy on Seeking Alpha and loses his shit.

Calls Andy a "God". Calls critics of Andy "checkers players in a chess game" and says Andy will deliver "pain" to people on the other side of his trades.

In oil trading you go from "hero to zero" pretty fast. A pilot who crashes a plane into the ground might have been a great pilot in the past but everyone will only remember the crash as time goes on.

http://seekingalpha.com/article/3913256-crude-oil-naive-kick-guru
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Anonymous 2016-02-23 01:55:16 Post No.1106580
[Report]
Anonymous 2016-02-23 01:55:16 Post No.1106580 [Report]
>>1106576
these guys are big time gamblers - unlike a HFT shop or even a trend follower their trades are for longer holding periods and are basically big directional punts

he probably is good but you never really get a decent enough sample size - he's also likely very lucky
>>
Anonymous 2016-02-23 02:02:53 Post No.1106591
[Report]
Anonymous 2016-02-23 02:02:53 Post No.1106591 [Report]
>>1106580
This, a million times.
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