Chapter
Analysis of a Hedge Fund's Madoff Investment
53:00 - 57:47 (04:47)
After Madoff's Ponzi scheme was exposed in 2008, an analyst analyzed a hedge fund that invested in Madoff, where he found that half of the trades did not exist.
Clips
The speaker researched the trades made by Madoff & Company and found that half of them never happened and another quarter of them had unrealistic volumes.
53:00 - 55:32 (02:31)
Madoff
Summary
The speaker researched the trades made by Madoff & Company and found that half of them never happened and another quarter of them had unrealistic volumes. This led to the discovery that Madoff was running a Ponzi scheme.
ChapterAnalysis of a Hedge Fund's Madoff Investment
Episode#596: Edward O. Thorp, A Man For All Markets — Beating Blackjack and Roulette, Beating the Stock Market, Spotting Bernie Madoff Early, and Knowing When Enough is Enough
PodcastThe Tim Ferriss Show
A man discusses a friend who ran a fund of funds and lost his own, family, and trust fund money with Madoff who was uncovered as a fraud.
55:33 - 57:47 (02:14)
Madoff Investment Scandal
Summary
A man discusses a friend who ran a fund of funds and lost his own, family, and trust fund money with Madoff who was uncovered as a fraud.