The Bedroom Trader Who Wiped out $1 Trillion
Management Consulting Insights
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In less than 5 minutes, more than one Trillion Dollars of value is wiped out from American companies. But behind all this is not a devastating event or even the doings of a giant financial institution: Instead, the chaos is orchestrated by someone who belongs more to Wallstreetbets than actual Wall Street.
Chapter overview: 0:00 The Bedroom Trader Who Wiped out $1 Trillion 1:25 From India to UK: Starting the conquest 2:50 The Hound of Hounslow 6:02 Computer science, student loans & autistic trading 7:49 Getting started with trading & his scalping strategy 14:20 Institutional spoof orders 16:15 Going all in on spoofing 18:45 Quitting 20:12 Fake investment manager: His financial downfall 21:41 2008 Crisis and Jim Cramer going nuts 23:00 Milking the crisis 27:19 The day of the flash crash: The 2010 Flash Crash 28:41 $1 Trillion wiped out 30:57 $1 Trillion regained 31:48 Navinder the SEC scapegoat 33:00 The Arrest ... https://www.youtube.com/watch?v=TxFi0aYX724
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