Really Rich Guys - Top 10 Traders

El Diablo · #1 04-13-2007, 07:04 PM

http://www.traderdaily.com/news/item/5585.html

At the top: "John Arnold Houston Centaurus Energy 33 $1.5-2B"

Much more famous guys like T Boone Pickens, Steven Cohen, and David Shaw only made between $600M to a billion.

I found the profiles of these guys really interesting. And I think I need to learn more about natural gas.

James Boston · #2 04-13-2007, 07:14 PM

Did you mean to link an article?

El Diablo · #3 04-13-2007, 07:14 PM

JB,

Thanks, fixed.

suzzer99 · #4 04-13-2007, 07:46 PM

33 years old, 1.5-2 billion in 2006. I'm really glad that number is so inconceivable to me that it has little effect.

JP OSU · #5 04-13-2007, 08:21 PM

[img]/images/graemlins/heart.gif[/img] T Boone

ArturiusX · #6 04-13-2007, 08:22 PM

And so many more who would be self trading and making $100m+ too.

mmbt0ne · #7 04-13-2007, 08:27 PM

ED,

I saw this the other day as well. I think it's awesome that someone like Steven Cohen can make sooo much, and yet the people still acknowledge that they could be like 50% short of his actual earnings.

lapoker17 · #8 04-13-2007, 08:37 PM

[ QUOTE ]
And I think I need to learn more about natural gas.

[/ QUOTE ]

i knew a bunch of guys who were at wharton undergrad like 10yrs or so ago. when it came time for everyone to get jobs a lot of guys went to goldman and morgan stanley etc., then there was this one dude who was probably in the lower middle of the class. partied a lot, standard slacker and not too bright by wharton standards. anyway, he tells everyone he's going to work for some hedge fund in connecticut - whatever - he may or may not have mentioned tudor, but i don't recall anyone being too impressed. i know market wizards had recently come out, but maybe none of us had read it yet.

so dude goes up to connecticut and word filters back that he's some kind of glorified errand boy. everyone laughs. around christmas (3 months later) he comes home for the holidays. he's driving a twin turbo 911. eevryone's like, uh, wtf happened? he says - eh, i had some idea about natural gas and they let me run with it.

TheJubilantMale · #9 04-13-2007, 08:41 PM

[ QUOTE ]
33 years old, 1.5-2 billion in 2006. I'm really glad that number is so inconceivable to me that it has little effect.

[/ QUOTE ]

WOW. What kind of profits do you have to generate to make that much a year. It's per year, right?

Jcrew · #10 04-13-2007, 09:37 PM

ED,

There is a book coming out that you might be interested it. Detailed interviews of Hedge fund folks at various positions.