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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Mon, 05/09/2011 - 15:17 | 1256493 oogs66
oogs66's picture

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

Mon, 05/09/2011 - 15:20 | 1256516 Ahmeexnal
Ahmeexnal's picture

The Street giveth and the Street taketh away:


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




Mon, 05/09/2011 - 15:16 | 1256499 NotAllowed
NotAllowed's picture

 I almost feel bad for them.....

Mon, 05/09/2011 - 15:17 | 1256504 TooBearish
TooBearish's picture

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

Mon, 05/09/2011 - 15:20 | 1256505 monkeys.pick.bottoms
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.

Mon, 05/09/2011 - 15:23 | 1256519 UnRealized Reality
UnRealized Reality's picture

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

Mon, 05/09/2011 - 15:26 | 1256545 Franken_Stein
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.


Mon, 05/09/2011 - 15:34 | 1256580 Spitzer
Spitzer's picture

it looks good on that flamer.

Mon, 05/09/2011 - 15:37 | 1256592 ZackAttack
ZackAttack's picture

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

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