Archegos Capital Blowup: What Investors Need to Know
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- Опубліковано 17 вер 2024
- Mar.30 -- The financial world has been rocked by the turmoil at former hedge fund manager Bill Hwang’s Archegos Capital Management, with a flurry of block trades wiping out billions of dollars off stocks. Bloomberg’s Erik Schatzker reports.
Most epic yolo trade in history. And he's not even a millenial!
@@exclusivetransport7155 you wouldn’t call this an epic yolo?
In korean news, he said God told him to have faith in his action
@@exclusivetransport7155 yea you right cuz I never cap 💯😏
Let's go bill
So this guy went from $200mm -> $15B -> $100B+ and then lost it all in a week. What a boss.
true guh moment
Diamond hands
WSB mod material.
must be WSB inspired
You never know when to stop
The SEC should all resign. They are the most ineffectual waste of taxpayers money in the history of the United States
They need a internal affairs commission based and operated by good honest ppl who know what the big dawgs know..... To bust up this illegal shit for good!
Hey they resent that. There’s tons of other alphabet agencies that are waste of taxpayer funds. Like all of them
I don't agree. This is beyond SEC capabilities. They cannot know everything about everybody. I will ask you a question: what should they do about other families doing exactly the same today. Close them down or what.This is systemic problem.
@@j.erickson8571 I am referring to the fact that GSX is an easy to prove fraud. If they had shut this down early the effect would be minimal. Their inaction encourages scam artists like Hwang and stupid lending by banks. I repeat - the SEC need to be disbanded and replaced with people who care.
It was the legislative branch of the government that failed us this time. Not intentionally though, they need to update the law since it was not made for a personal/family investments this big
Investment in Cryptocurrency is one of the best chance of making money
I investing in gold and other precious metals has been on for centuries and this century we have seen several ways to invest
I heard that his strategies are really good.
His success stories are everywhere😱
How do I contact Mr Frank Jeffrey?
Trading crypto now will be very wise but trading without a professional is not
Goldman, the octopus, is involved in yet another financial scandal? Why does that not surprise me? How do they keep escaping?
All roads lead to Rome
When you are well connected and can see from above like goldman, you have morelikely to find the exit points in much easier way than others.
It’s not a scandal per se, but very very very poor risk management. :/
@Satanogoat Rex tinfoil hat a bit too tight , old man?
Shepard Smith here, thanks for..... Oh wait, wrong channel
haaaaa lol
"The likely outcome of this will be more transparency" 4:24. Ha. No way. The likely outcome will be more opacity.
Let me get this right...a big company, secretly 'bet' big, with money they didn't have and some people are surprised this ended badly for others?!
seems like this happened before and the taxpayers got the bill.
I can't imagine how making money from conceptually borrowed funds could have lead to this!
Lol
I like the situation, makes some good stocks very affordable.
yeah, what's so bad about this? Looks like a black friday to me. The underlying stock should bounce back quickly to the normal price if it's really worth that much. Otherwise it's just a shit company and this debacle only helps reveal it sooner. Positive news imo.
Bill Hwang done this before. Who allowed Bill Hwang do this again? And why wasn't he prosecuted? Journalist should investigate Bill Hwang and the regulator who didn't take legal action to put him behind bars.
Long story short, he reclassified his new venture as a family business and started the same high leveraging game. The first couple yrs in business returned an annual 40%. But, all this happened during a bull market, so the wind was already at their backs. Institutions like Morgan Stanley, tho they had him on a blacklist, started backing him because they wanted in on the gains. Just greed, same reason for all the whales.
Wall Street is filled with this type of people. Doing the same thing over and over.
@@suacm3223 which is what makes the gme incident so tragic, but nothing will change. The big players always win and if they fail too big, they get bailed or risk the entire system collapsing.
dont need license to have a family business. So basicly Bill is not allow to give advice, but still allow to trade.
The truth is that investors need to know when to buy the dip, the same words my advisor told me I gained huge on AAPL TSLA American airlines, in its decline I traded with the best it made me a quarter mil
The only way that this is going to be stopped is if it is made law that the shares have to be paid for, in full, at the time of the purchase. Coming up, you are going to see a lot more margin calls on the big boys, and eventually, this is going to trickle down to the retail investors. Too often the leveraging of shares and the shady deals with the shares have caused national, regional and global collapse. The trouble that we, the public have, is that no one in authority has the cajoles to stand up and pass legislation, outlawing leveraged trading.
It needs to be stated that a loan for real property is slightly different. You are buying something with a title, and you are agreeing to repay this loan at this amount of money over the coming years. To my knowledge, and will be happy for someone to correct me, real estate has never suffered a 60+% decline / correction. Therefore, real property is a fairly secured investment from all perspectives.
Nice job Erik. Would love to see you have this conversation with a leader at one of these brokers or a regulator
One word: GAMESTOP
🚀🚀🚀🚀
The whole financial market runs on leverage and credit. One door closes another door opens.
All the kings horses and all the kings men couldn't put the market together again
All the pawns can buy gold and silver and not lose when it comes down.
The Entire US runs on Margin since we just print money, Trillions after Trillions.
Not to sound like a yelling old man, but fiat money is predicated on debt...that's literally the only way money exists in our system. The only way you can add true monetary value to the system is by increasing credit, the vast majority of which is funneled through the financial system.
A house made of only doors is bound to collapse.
The Fed has my Back....
This has nothing to do with the Fed... ?
@@epgui interest rates supplied with the opportunity so yes
@@ErkaaJso long as the losses don't get into the trillion territory to collapse the entire system, it's just a byproduct of what they're truly after. No big deal.
Why? They don't have your back.
They’ll be back, back in 100years after the investigation!
Funny how Bloomberg refuses to even talk about dark pools. It’s almost like they are afraid of showing their hand. House of cards and what not
This is very important to most ppl
He gave charity to christian organizations in the tune of 16-20 million per year, that's every year.
If he's a brother in Christ, i support him no matter what.
You can’t buy your way into heaven.
@@sanderdejong66 Most of us agrees with you on that. And from what I’ve learned about him, it seems that he understands that as well.
Don’t know whether to laugh or cry...
Laugh till you cry or vice versa
rich rolks go omfg inflation, when the poor men barely got anything in stimulus
always the usual "let's write it off, socialize the losses and restart again by privatizing the gains"
It's "Margin Call" for real..." Better to be first"
you get more information about this on reddit than on bloomberg :P. They forget to mention that the banks had given them an ungodly amount of leverage, almost 5 times.
Yeah, because they covered it already about fifteen times
Watching Bloomberg's UA-cam channel is not same as watching Bloomberg. They have covered this ad nauseam since at least Sunday (28 March).
Hedge funds are no way dumb: smartest people work in hedge funds, they have all the informations and know the risks... “GREED”
We're screwed. That's what it means
They're already trying to spin the narrative that this was caused by incorrect credit ratings. This will allow them to write the losses off on our dime, and place regulations on the retail side to make sure it never happens again. For people who think the little guy is coming out on top of this one because they own a little gme. My old ass has one thing to say. Lol! Yeah, right.
My young ass says pony up shorties
so.... VIAC a no brainer at this price right?
Could be. Some for Discovery. But I wouldn't try to catch the perfect low entry point. Had a bounce today, but I would personally wait for a sign of an up trend.
What's the exciting growth story?
Cable guy reruns?
People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin
As a beginner trader u like to take the opportunity to earn a lot of money... Get a professional broker and start a career in bitcoin trading
Bitcoin trading right now will be at every wise individuals list. In few minutes you'll be ecstatic with the decision you made today
BITCOIN: IS THE ONLY TRUE DEMOCRACY EVER EXISTS IN THE WORLD
Buy and invest in bitcoin and other cryptocurrency today!!!!
Crypto is the future, trading crypto has become a lucrative way of making money
If everyone knows what others are doing, then Wall Street biggies won't make lots money. It's the secrecy (or low profile) that makes stock investment interesting, exciting, & profitable. These big shots win big or lose big.
Yeah but just don’t ask the government to bail you out when things go south
Stop calling crimes “errors”
A Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced it will commence trading on the OTCQB Venture Market, a U.S. market operated by the OTC Markets Group Inc. ("OTC"), under the symbol "INSHF". The Company continues to trade on the Canadian Securities Exchange under the symbol "ISH".
How are we going to discipline these folks? It seems like they always get away? This affects people that have nothing to do with the funds causing the trouble
The only thing left is for DeFi to Te reduce transaction fees and we will be ready to go 😁
Transaction fees is reduced and small investors survive.
Good entry point for Credit Swiss stock
Recently everything remotely related to China is blowing up, ports, dams, companies..... this is not pure business, it is Geopolitics 101.
All hedge funds will now be pushed to trade with central counterparties
Investors are like stock buyer they come and go, just because customer leaves doesn’t mean the restaurant is closing down yes?
Gangnam Style f'd it all up lol
"Everybody Hwang Chung Tonight" 😂🍿👍🎩🤣🤣🤣🤣🤣
What is Kyle Bass's opinion?
Excellent video thx!
Risk managers should assume their leveraged clients are cheaters until proven otherwise.
lmfao
"Use a stop loss"
Boom! Made my day.
Men I got one of those “poor people prime accounts” and they ll let me leverage 6x! Bruh men
they were not dumb, they were greedy.
Archegos was a front company of Chinese insider trading.
Now they'll blame poor people.
With all these very serious federal charges pending, should Bill Hwang be allowed to manage hundreds of thousands of investors’ funds as a copy trading Principle Trader on Bybit? Check it out, he is one of the highest ranked. If it’s not him, should Bybit allow someone to call themselves Bill Hwang with a profile photo of him? What are people’s thoughts on this
Opa Hedgefund Style
Bring back the Glass-Steagall Act. Then the banks can make stupid trades, but not with depositors' money.
Remember: The long term always outweighs the short term. $1000 looks nice at first but if you put that money into a 4cent stock, when it reaches $1/share you made $25k.($BSRC).
Someone has been reading quite a bunch of WallStreetBets 😂😂😂
and then to know the prime obsession of the republican party is even LESS regulation!
How ignorant can one be, or criminally facilitating these things
The problem is not the regulation or lack of regulation, it's bailing out these idiots with tax payer money that just further incentivises their horrible decision making
@@saltysyracusian the lack of regulation definitely plays a HUGE part no matter where the money came from
@@Nonamegoodsir4332 bailing them out incentivises risky decision making. Forcing people to be responsible for their risky investments when they lose their shirt incentives prudent investing.
@@Nonamegoodsir4332 additionally you want the same people in government who have leveraged this market up to the nth degree with irresponsible fiscal policy and money printing to be regulating investments? Not a recipe for success. That's like asking the mob to regulate the drug cartels.
"What will come out of this "? "Transparency" .
Ya. Right.
Too much regulation would kill the market not only that transparency will be the end of swaps
He is Bill Hwang Not Wang.
Who would have thought hedge funds are dumber than retail investors.
I'm surprised they ain't blaming retail investors lmao
We don't know what liabilities he had to cover by selling Verizon. He may have been short GME.
Greed. Warms the cockles of my heart.
Andy Mills is chairman of Archegos Capital and Peter Philbrick is director of business development. Why would family owned fund need director of business development to attract more fund. There are lot of illegal stuff going on around this company thus SEC should investigate by confiscate their materials before they destroy all the evidence. Since all of people worked at Archegos Capital was heavily involved with church, it's very likely that they had rich pastor families assets under their management and not declared at SEC. Victims will unlikely come out in public due to embarrassment being head of church. There are tax fraud and SEC fraud all over this company. Bill Hwang also likes to brag about his church involvement during meetings which I hate selling God to raise fund for his gambling habit. US SEC and S Korean SPO should work together for this investigation. Since 2010, both law enforcement can share data without going thru embassy.
Bail out?
Leverage and derivatives have always been the problem. With this and going back
Hwang Shang Bang Bang Rang!
What is a "HCS search"?
The sec could not see the daily tide come in.
They're unloading on who??
Only the beginning
They didnt mind dumping it on retail so all is well. Hwang is da man.
Erik’s tie has more green and red than the stock market
Nothing can get me to care about Viacom. Do they actually do anything these days?
And yet they blame retail investors. They need to change the laws so the brokers cannot be both the dealer and players.
What could go wrong with leveraged bets.
The regulators are usually behind the curve and playing catch up.
Wall Street is a casino. It is designed to make money for rich people. They got pissed when gamestop happened. Let them all lose billions.
Pathetic risk management. Yes the losses directly attributable to the sudden and massive "offloading" likely hurt a lot of oblivious investors. More importantly, such craziness SHOULD have been avoided by prudent risk management.
Wish they did this with gme and amc
Archegos----Another BCCI, another Agha Hassan Abdi, who somehow managed to get into the closed circle of global mafia; and, got the same kick in the same style.
Total Return Swaps=Financial WMD
Great...txs for gd vid
Would’ve probably been worth $100,000,000,000 had it gone his way
Seriously the name itself says so much about the firm. The pretentiousness is off the charts.
Credit Suisse is involved yet again! What a complete shit bank.
Whats he going to gain advising you let me tell you alot rumours move markets
I came here to see how to pronounce Archegos, and these people have no clue like me
Thanks for the video. Well Why is nobody talking about cryptocurrency at this moment? Its on a bull run and becoming a good investment to trade in, this year. Who else noticed?
You can say. I hold a few coins in my blockchain wallet, for future savings. It's been good though people still think buying stocks is the best.
Yeah there's no doubt that everyone will soon be venturing into trading crypto currencies. It has earned me alot, you just got to understand the market just like forex trading. Its been 2 years now I've been investing in the market. I can say its so much profitable now with its bullish run
I just remember watching some videos about crypto. You can make profits regardless of how slow or steady the market might appear to be
@@christinetucker2315 Haha is it magic?, you can't really earn much. You have to take you time to learn and study the market so well and also trade on your own lot size to avoid blowing your account
This is true been seeing lots of threads and videos on crypto currencies. Good 👍
He was "squeezed" by the derivatives providers.
It’s shorting again. Nothing new they win retailer lose period .
Got Silver?
you bet
Have property?
@@user-dz6dq1tp9c Illiquid leveraged assets are dangerous in this 40 year cycle change. Keep an eye on 10 year yields.
@@CharlesOwenVALUEOFEVERYTHING that is an assumption.
@@homemedia8447 Saying a asset has risk/dangers isn't that assumptive
When are we gonna expose the people behind the heavily naked short GME stock? That would be next if shit hit the fan 🤔
what if you buy viacom at 45 while it's down?
Went up today. I mean it crashed down cause of a huge sell off of this one guy, not cause of fundamental reasons. In my opinion Viac, Disca... ect. could be a nice reversion play ( longer term ). However, despite today's spike, I would wait for confirmation of an up trend. Especially with Options.
Crooks, careless crooks.
Its all a big scam, humanity will be the big loser. Hopefully this time executions for the money changers
Archie goes outcome would be nothing same thing would be repeated 10 yrs later
How many strikes does one man get before the greedy stay away?
And the $64,000 unasked question: how many other Bill Hwangs are out there?
We gonna put breaks on professionals leverage like for retail investors? I think not, professional mistakes
Investors are easily spooked
Not much more
Greed... greed... greed
That’s why...
Goldman & Stanley both played the switz n japanese , well played