Finance nuggets from the smartest and wealthiest minds 💰
Nov 20 • 9 tweets • 3 min read
Look at these two brothers.
They once controlled 1/3rd of the world’s silver and tried to corner the market.
Then it all collapsed and their family fortune was wiped out.
Here’s the wild story of how the Hunt Brothers lost everything:
The Hunt family, led by H.L. Hunt, was already one of the richest families in the United States due to their oil fortune.
However, Nelson and William Hunt sought to increase their wealth further by turning to commodities, particularly silver.
Nov 19 • 8 tweets • 3 min read
Look at this man.
He made $1 billion in one day and almost brought down a whole nation.
Here's the story of how George Soros broke the bank of England (the boldest trade in history):
In 1992, George Soros, a hedge fund manager, identified a weakness in the British pound and decided to bet against it.
This trade is famously known as Black Wednesday.
Aug 5 • 6 tweets • 3 min read
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