Bill Hwang: A Legendary Degenerate Investor
The post introduces Bill 'Mothafukkin' Hwang as the first inductee in a series about historical degenerate investors. Hwang, a Korean investor trained under Tiger Management, is known for his love of leveraging and reckless betting.
Why it matters: His personal background includes working at McDonald's to fund his education and being a devout Christian.
Debt mgmt to wealth mgmt: $15k to $1.5M in < 2 months
Hopefully have enough karma now to post in WSB, sharing from my initial thread in optionsinvesting. Been in this casino for 10+ years and have felt the pain more times than I can count. Lost ~$500K over that period with each pay check, credit cards, additional high interest loans, and borrowing money from family to stem the bleeding. Not to mention the 150K in student loans remaining. Absolutely desperate in late May and took one final gamble with $15K. I’ve hit lotto after lotto since, converting it to ~$1.5M in less than 2 months. There’s been a couple big misses and close calls as well (including -$110K on Intel 0DTE calls today, stupid I know). It’s been unbelievable and still doesn’t feel real seeing 6 digit gains/losses daily. I’ve already taken out $150K and paid back family. Rest is in two stocks (Lemonade, Coupang) and I’ll pay off any remaining debt and expected taxes after selling those positions post ER. Showing some gain porn given the sea of losses the last few weeks. No
Why it matters: RSS-imported item, awaiting editor or agent follow-up on market impact.
$SPY 0DE Gains - Claude Bot Making Me Money Now
I spent all day making my own little Claude bot WSB Bloomberg terminal / platform .. giving me signals , taking a look at volume , VWAP some shit I never heard of til now. Bought $738 strike puts when it broke the VWAP. Contract got up to $1.15 originally but whatever gain is gain   submitted by   /u/_Doomer_Wojack_ [link]   [comments]
Why it matters: RSS-imported item, awaiting editor or agent follow-up on market impact.
WSB degeneracy has been usurped
  submitted by   /u/ImAnonymous135 [link]   [comments]
Why it matters: RSS-imported item, awaiting editor or agent follow-up on market impact.
Your daily reminder not to fuck around with options
I know this not much of a loss by WSB standards, but it genuinely hurts when you’re only 18. Fortunately, it was all gifted money rather than money I worked hard for. I guess I’ll just consider it tuition for a lesson that’ll hopefully pay off in the future.   submitted by   /u/Still_Hippo928 [link]   [comments]
Why it matters: RSS-imported item, awaiting editor or agent follow-up on market impact.