Victor Haghani – Master Class

Published on
31 March, 2016
Topic
Credit Market, Career, Financial System
Duration
62 minutes
Asset class
Equities, Bonds/Rates/Credit

Victor Haghani – Master Class

Featuring Victor Haghani

Victor Haghani, Founder of Elm Partners Management LLC, presents a riveting Master Class that explores his career of fixed income arbitrage trading at Salomon Brothers, giving an inside look into the risky trades they were involved in, how models were not as present as many believe, the process of unwinding positions when the fund crashed and his epiphany to leave the financial industry for some years and return to learn how to invest in a family office form.

Published on
31 March, 2016
Topic
Credit Market, Career, Financial System
Duration
62 minutes
Asset class
Equities, Bonds/Rates/Credit
Rating
97
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Comments

  • NS

    Niek S.

    22 2 2018 12:46

    0       0

    Really an interesting interviews, the kind of videos I'm going back to nowadays

  • KR

    Kevin R.

    24 6 2017 17:10

    0       0

    Hard to believe they are allowed to still trade!!! What a shame!!!

  • TM

    Tariq M.

    26 5 2016 17:14

    0       1

    excellent insights for people who want to learn. ThanksRaoul and the team.

  • TH

    Tom H.

    20 5 2016 14:39

    2       0

    I am not sure why the thumbs up or down. It seems a bit childish to reduce all of these intelligent, successful people to these two poles.

  • JV

    Jens V.

    7 4 2016 20:02

    1       0

    Very interesting interview. A great catch for RV. Thanks Raoul and team.

  • OM

    Owen M.

    7 4 2016 16:20

    7       0

    Step 1: Start fancy hedge fund
    Step 2: Collect huge fees
    Step 3: Blow up hedge fund
    Step 4: Invest fees earned in index funds and retire

  • ml

    michael l.

    7 4 2016 00:17

    2       2

    Liked the interview. Interesting to hear his perspective on bond trading in the early 1990s, and I don't see the point in casting stones at him - maybe John Meriweather, but not Victor (too jr).

  • RP

    Robert P.

    6 4 2016 15:21

    3       1

    in total denial on culpability of LTCM. Could have used less bio and more market insight.

  • SD

    Stephen D.

    5 4 2016 02:58

    9       1

    Ok, the guy was a (junior) partner at one of the biggest financial collapses 18 years ago, the RealVision audience seem very unforgiving. This was a great,
    insightful interview, and unique content.

  • BK

    Baron K.

    4 4 2016 18:34

    5       2

    This guy seems a little bit in denial on the outcome of LTCM.

  • AE

    Alex E.

    3 4 2016 22:25

    2       0

    Fascinating stuff...way above my pay grade but still fascinating! Victor made a small comment regarding experience being part of the game...I guess PHDs can gamble, too, eh?

  • CZ

    Catherine Z.

    3 4 2016 03:24

    7       1

    One would hardly realize that we're talking about a period of epic and colossal failures that nearly brought down the entire world financial system.

  • CZ

    Catherine Z.

    3 4 2016 03:24

    3       1

    Smart and insightful commentary. But had a hard time listening to the nostalgia and talk of the good ol' 'bonfire of the vanities' days when working on Wall Street was so much more 'fun'...

  • CH

    Calvin H.

    3 4 2016 00:17

    2       1

    Alexander, I agree. Raul could have done better to guide him. I went to the American School to. I enjoyed his instructional videos at the Elm website. His investing philosophy sounds Utopian

  • AG

    Alexander G.

    2 4 2016 20:18

    10       1

    I can't understand all the downvotes; found it very honest and informative. Yes, LTCM blew up, but a) he freely admits it was their fault b) the first who's not guilty of moral hazard raise his hand

  • NK

    Nikos K.

    2 4 2016 12:30

    5       0

    magnificent interview. gave as a chance to understand in detail relative value and arbitrage trades in fixed income. once again thank you

  • JH

    Joe H.

    2 4 2016 02:21

    0       0

    *content

  • JH

    Joe H.

    2 4 2016 02:21

    7       0

    Good interview. More of a general comment about RVTV is that it's so much better than any other financial video conten bar none. Truly outstanding. Thank you, Rauol and Grant.

  • PR

    Peter R.

    1 4 2016 17:10

    4       0

    Interesting conversation, I can't say I understood anything about the bond trading strategies, but a smart guy. The last 10 mins on his investment concept worth digging into for any retail investors.

  • RM

    Richard M.

    1 4 2016 14:54

    6       0

    Very interesting and enjoyable conversation - he seems like a really nice guy too. And as always Raoul really pulled out some interesting tidbits with his line of questioning. Great stuff.

  • bp

    bart p.

    1 4 2016 09:22

    7       2

    Pretty cool to get insights on the LTCM debacle but I don't see why this is a masterclass despite the guy being 'smarter than the rest'.

  • AP

    A P.

    1 4 2016 05:37

    7       4

    Amazing get, RVTV! Victor's candor and perspective hugely appreciated. Wouldn't mind hearing even MORE about the LTCM trades. Please bring VH back regularly.

  • GB

    Gary B.

    1 4 2016 02:19

    6       3

    How do Nobel winners leverage 100 to 1 and nearly bring down the fin system? He talks about it in cold detached terms. Apparently he walked away a rich man Sickening. Don't know why he wasn't asked.

  • KS

    Kathleen S.

    1 4 2016 01:16

    2       0

    He seems to be exposing how the little guy is screwed and how pension and mutual funds can't create his moves. WOW!!! I can run a book and beat the stupid crowd. I am so impressed.

  • TS

    Thomas S.

    31 3 2016 16:06

    4       0

    I need to read When Genius Failed again.

  • NF

    Nico F.

    31 3 2016 15:20

    23       1

    Excellent! Really appreciating this very rare insight into LTCM – an insight I can't get anywhere else.

  • RR

    Robert R.

    31 3 2016 14:52

    4       8

    Too much into the belly of the beast for me.