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Look Who Made $554m From Trading Lehman Brothers Bonds

On Top

It was just a week or two ago that this hedge fund manager was in the news because he took a big bath on a Chinese stock. A few days later, and he's top of the heap again, after making a $554m profit (before legal fees) on over 2,000 trades in Lehman bonds, executed after the firm entered bankruptcy in September 2008.

The Musings Of Charlie Munger

Thinking

87-year-old Charlie Munger is an investment manager and philanthropist. He is Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment business chaired by Warren Buffett; in that capacity, Buffett describes Munger as 'my partner'.

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