Amaranth Advisors LLC

Cautionary tale. Hedge fund. Sharpe ratio off the charts. Bet the farm on a seasonal spread between natural gas futures of different expiries not inverting, and lost. Second Third worst hedge fund failure after LTCM and Archegos. In a world of also-rans, this is quite the accolade.

Chez Guevara — Dining in style at the Disaster Café™
Sam Bankman Fried green tomatoes at the Disaster Café
From our Disaster Café series
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