Phibro's Andrew Hall Managed $2.6 Billion Astenbeck II Fund Down 12% In May, Flat For The Year

Tyler Durden's picture

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oogs66's picture

I bet he is up 4% today!  Why pay 2 and 20 to have someone go long WTI for you?

Ahmeexnal's picture

The Street giveth and the Street taketh away:

http://www.youtube.com/watch?v=AdZbCsL7nL4

 

Hey man, gotta take a stand, so you think that you've been had
I'm here to bet ya, street's gonna get ya, well two out of three ain't bad
Hey man, it's gettin' out of hand, cross your heart and hope to die
You got yours, and I got mine, I'm gonna get what's comin' to ya

'Cause the street giveth and the street taketh away
Where there's no blind justice, no way

Hey man, don't you understand, you can run but you can't hide
There ain't no life after death, so save your breath (you're gonna)
Be a rock 'n roll suicide
Hey man, do you need a hand, but I ain't no blessing in disguise

Feel the agony, and the ecstacy, it's gonna burn right through ya

'Cause the street giveth and the street taketh away
Where there's no blind justice, no way

Life's too short, so help yourself, 'cause I don't walk on water

'Cause the street giveth and the street taketh away
Where there's no blind justice, no way

'Cause the street giveth and the street taketh away

 

 

 

NotAllowed's picture

 I almost feel bad for them.....

TooBearish's picture

When in doubt double or triple down bitchez - Martingale strategy - go leveraged beta -go!

monkeys.pick.bottoms's picture

John Galt wanted to punish those that make their money unproductively. We ain't seen nothing yet, I hope. Let the house of fiat fall finally.

UnRealized Reality's picture

If all these Big monied gaints lost money, WHO THE FUCK was SELLING???????/

Franken_Stein's picture

 

Funny that hedge fund managers cash in bigtime when they make gains.

 

But do they have to return money, when their fund loses ?

No, of course not.

 

Wow, capitalism at work here.

 

Spitzer's picture

it looks good on that flamer.

ZackAttack's picture

Always gives me a nice warm fuzzy feeling to hear that one of these parasites has lost money.