Month: October 2008

October 2008 Investment Commentary

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September was possibly the most interesting month in my 27+career in the investment industry. September 3rd – Ospraie Fund, a $4 billion hedge fund closes after losing 38% in 2008 on bad bets in copper and natural gas. Lehman Brothers owned a 20% stake in the Ospraie Fund. September 7th – the U.S. Government placed… Read more »