We don't print obituaries before our subject has been officially declared dead. But I'd like to make an exception for Amaranth, the hedge fund that became famous last week for losing $6 billion of its investors' money almost overnight by betting wrong on natural gas prices. Amaranth hasn't formally... -
Amaranth's Wilting Is a Lesson on Hedges
We don't print obituaries before our subject has been officially declared dead. But I'd like to make an exception for Amaranth, the hedge fund that became famous last week for losing $6 billion of its investors' money almost overnight by betting wrong on natural gas prices. Amaranth hasn't formally...-
By Allan Sloan