Poseidon Concepts
- North American investors will remember the case of Poseidon Concepts (http://www.theglobeandmail.com/report-on-business/rob-magazine/the-13-billion-fraud-bay-street-forgot/article32651690/)
- Poseidon developed and leased out pools used by oil and gas customers to store dirty fracking water
- The stock went from over 16 DOLLARS to 16 CENTS in ~5 mos, wiping out well over $1 billion of market value
[icahn]
Also read:
- Q2/H1 Hedge Fund Letters - Letters, Conferences, Calls, And More
- Baupost Letter Points To Concern Over Risk Parity, Systematic Strategies During Crisis
- AI Hedge Fund Robots Beating Their Human Masters


