{"id":6526,"date":"2007-03-20T14:24:00","date_gmt":"2007-03-20T14:24:00","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=6526"},"modified":"2026-04-02T09:34:22","modified_gmt":"2026-04-02T09:34:22","slug":"cum-sa-pierzi-un-miliard","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=6526","title":{"rendered":"Cum sa pierzi un miliard"},"content":{"rendered":"<p><P class=text style=\"MARGIN: 0cm 0cm 0pt\" align=justify>Istoria recenta a fondurilor de hedging este la ani-lumina distanta de primul vehicul oficial de hedging &#8211; in valoare de 100.000 de dolari &#8211; pe care Alfred Jones il lansa in piata in 1949 ca sa exerseze plasamentele combinate pe crestere si scadere. Acum, pariurile financiare se castiga in miliarde de dolari. Dar tot in miliarde de dolari se si pierd.<?xml:namespace prefix = o ns = \"urn:schemas-microsoft-com:office:office\" \/><o:p><SPAN class=text><o:p>&nbsp;<\/o:p><\/P>  <UL>  <LI>  <DIV class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\" align=justify>Bailey Coates Cromwell Fund, dizolvat in iunie 2005, dupa ce a pierdut 20% din portofoliul de 1,3 mld. dolari<\/DIV><\/LI>  <LI>  <DIV class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\" align=justify>Marin Capital, cu un capital de 1,7 mld. dolari, dizolvat in iunie 2005, dupa ce a pariat gresit pe General Motors. <\/DIV><\/LI>  <LI>  <DIV class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\" align=justify>Aman Capital, lansat in 2003 de traderi ai UBS, a ramas cu doar 242 mil. dolari in martie 2005 si s-a inchis in iunie 2005. <\/DIV><\/LI>  <LI>  <DIV class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\" align=justify>Tiger Funds, prabusit in 2000, dupa ce stransese 6 mld. dolari. <\/DIV><\/LI>  <LI>  <DIV class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\" align=justify>Long Term Capital Management, fondat in 1994, primul care a folosit modele computerizate de tranzactionare. In august 1998, pierderile au ajuns la aproape 4 mld. dolari. <\/DIV><\/LI>  <LI>  <DIV class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\" align=justify>Amaranth Advisors, prabusit in septembrie 2006. A pierdut 6 mld. dolari intr-o saptamana dupa ce traderul Brian Hunter a pariat ca preturile la gazele naturale vor creste (ca raportul intre pretul pe martie 2007 si aprilie 2007 se va mari; de fapt, s-a micsorat).<\/DIV><\/LI><\/UL><\/SPAN><\/o:p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Istoria recenta a fondurilor de hedging este la ani-lumina distanta de primul vehicul oficial de hedging &#8211; in valoare de 100.000 de dolari &#8211; pe care Alfred Jones il lansa in piata in 1949 ca sa exerseze plasamentele combinate pe crestere si scadere. Acum, pariurile financiare se castiga in miliarde de dolari. Dar tot in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3826],"tags":[5778],"class_list":["post-6526","post","type-post","status-publish","format-standard","hentry","category-special","tag-cum-sa-pierzi-un-miliard"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/6526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6526"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/6526\/revisions"}],"predecessor-version":[{"id":27830,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/6526\/revisions\/27830"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}