This Tiny Hedge Fund Just Made 8,600% On a Vix Bet

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Not everyone get humiliated when the market collapsed. For merchants at a little-known Denver hedge fund who investigated it coming, it was the score of a lifetime — a $17.5 million payday on a $200,000 bet. ” Beings were laughing at us, saying this could never happen, this should never happen ,” Justin Borus, the […]

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Amazon Takes Secrecy to a Comic Extreme

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Companies and their investors are in a constant tug-of-war over business disclosure. Investors demand as many quantities as they can get about a company’s operation and potential — for them, there’s no such happening as too many metrics. Firms, of course, would prefer to uncover as little as possible. And then there’s Amazon.com Inc ., […]

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