Latest published articles

The Amaranth Disaster: How One Trader Lost $6 Billion on Natural Gas

“Amaranth” is Greek for “imperishable.” The flower that never fades. Somebody at the hedge fund picked that name on purpose, imagining a fund that would last forever. Instead, Amaranth Advisors became the biggest hedge fund collapse since Long-Term Capital Management in 1998. Two-thirds of its capital gone in two weeks. Six billion dollars, vanished on natural gas bets. Chapter 22 of Torsten Dennin’s “From Tulips to Bitcoins” tells this story.

The Amaranth Disaster: How One Trader Lost $6 Billion on Natural Gas

“Amaranth” is Greek for “imperishable.” The flower that never fades. Somebody at the hedge fund picked that name on purpose, imagining a fund that would last forever. Instead, Amaranth Advisors became the biggest hedge fund collapse since Long-Term Capital Management in 1998. Two-thirds of its capital gone in two weeks. Six billion dollars, vanished on natural gas bets. Chapter 22 of Torsten Dennin’s “From Tulips to Bitcoins” tells this story.

The 4-Hour Body: Can You Actually Live Forever?

Tim opens this chapter with a promise: it will be the shortest chapter on life-extension ever written. He keeps that promise. But what’s packed in here is surprisingly practical.

Zinc and Hurricane Katrina: When a Storm Moved the Metal Market

Most of the stories in this book are about people. Traders who got greedy. Governments that miscalculated. Speculators who cornered a market and then lost control. Chapter 21 of Torsten Dennin’s “From Tulips to Bitcoins” is different. The main character is a hurricane. And the commodity it moved is one that most people have never thought about: zinc.

Zinc and Hurricane Katrina: When a Storm Moved the Metal Market

Most of the stories in this book are about people. Traders who got greedy. Governments that miscalculated. Speculators who cornered a market and then lost control. Chapter 21 of Torsten Dennin’s “From Tulips to Bitcoins” is different. The main character is a hurricane. And the commodity it moved is one that most people have never thought about: zinc.