Melvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen’s Point72 Asset Management injected into the hedge fund on Jan. 25.
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Melvin Capital Lost 53% This Year, Hurt by GameStop, Others
They can move to West Virginia and reclaim abandoned land mines.
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Lol, you got style, I will give you that 🤣
Good. Fuck them.