Talk Money
Talk Money
Apr 7, 2021
Talk Money Weekly #002: How to Lose $8 Billion in 10 Days
Play • 11 min

Welcome back to our new Wednesday short, the Talk Money Weekly. Tune in each week to hear what’s going on in the financial world -- and more importantly, what it means for the bigger picture.

Today's episode -How did Archegos Capital's Bill Hwang lose $8 billion of his own money and cause Wall Street to lose almost $20 billion. In this episode, I discuss how being overly risky, borrowing money, and having the banks "margin call" you is a formula for financial disaster.   

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