Billionaire philanthropist and former energy trader John Arnold says his hedge fund had an average return rate of about 100%.
——–
Like this video? Subscribe to The David Rubenstein Show on YouTube:
Watch the latest episodes of “The David Rubenstein Show: Peer-to-Peer Conversations” here:
Learn more about David:
Connect with us on…
Twitter:
Facebook:
Instagram:
source
People are extremely dumb in this comment section I see. It's MUCH harder to do 20%/year for 30 years than 100% over 10 years. Plus he was using futures & options, so his gains were massively levered.
Read Hedge Hogs if you want to learn John’s story. Truly one of the most remarkable stories you can ever learn. He will be the first to tell you….the people around him were very helpful to his success … fundamentals, methodologist , etc etc
@investornabil8825
Same as me. 130% on average. He is the highest I've heard of anyone besides me. Waren buffet did 50% per year his first decade.