HIM 2018 Clips: Q & A with Bill Hwang (EDITED)

[@dan7548]

what an absolute stud

[@papagunit]

His cellmates will think so too 🤣

[@gyan6388]

It's kinda weird how everyone is judging this man so harshly and reduced him to an object of ridicule just because he has a setback in his career. Especially when a month back no one really knew him. Let's be a little understanding and not so quick to judge.

[@drneal]

Hey buddy, Charlie Munger and Warren Buffett called your boy an idiot, a jerk and "a bad person" and described his investment strategy as "massively stupid." How about them apples, clown?

[@drneal]

What’s the matter? Cat got your tongue? Next time you feel the urge to come at someone’s post like you did mine, make sure you know what you’re talking about first so as not to look like the ignoramus you actually are. K buddy? Now get lost.

[@ChristopherLeeSJ]

This isn't the first time he's committed a crime. He wasn't exactly unknown for his criminal activities.

[@drneal]

@@ChristopherLeeSJ You’re right, and a leopard doesn’t change its spots, but the religious nuts defending him would have us believe he’s a righteous person SMH

[@drneal]

Hey buddy, your boy Bill is being investigated by the Justice Dept. and will likely be prosecuted. He’s a criminal and money-grubbing degenerate. Deal with it, rube.

[@walkingphilosopher]

I respect this guy.

[@papagunit]

Do you now? Lol

[@walkingphilosopher]

@@papagunit Lol. Now probably no.But lets follow the trial first because coming to any conclusion.

[@papagunit]

@@walkingphilosopher he's been a known con artist for the past decade. Do we really need to wait longer?

[@walkingphilosopher]

@@papagunit I heard about the guy only last year during his downfall.

[@lukas6289]

@@papagunit he pleaded not guilty and was released on a 100 mil bond.

[@TheNietzscheanPupper]

Legend

[@pastlifecalleoro3099]

I totally understand what he has been going through because what happened to him happened to me. The only difference was he had lost so much than me. I feel him and I am praying for him. I never knew he was a man of the word as well. Brother hwang if you can read this, I am with you and praying so hard for you. Please stand firm in God’s word and find grace and strength in Christ.

[@pastlifecalleoro3099]

What are you talking about sir? I'm just talking about the feeling of losing. There's no need to be mad..

[@ChristopherLeeSJ]

So you committed a crime such as insider trading as well, gambled derivatives or were overleveraged because of greed?

[@yijiezhu2839]

@@ChristopherLeeSJ insider trading is also work of God 😂

[@dredgewalker]

So you're saying you lost so much because you broke the law and are now facing the consequences of your actions?

[@pastlifecalleoro3099]

@@dredgewalker that's not what I mean. I never knew that he broke the law.

[@artmaknev3738]

That guy used bible as his stocks indicator lol

[@navagiopoint]

need an amp just to hear this

[@svetlanarudovsky6693]

Fest of trumpet 🎺 today 27 yes! And 28 and of September Jesus Christ superstar is coming for his people yes! +:):) 🙏🤝🌍🎺🕯️💯✅💌🤳💕💕💕💕💕💕👍

[@nobodyydobon-s1c]

This aged well..............

[@lukas6289]

He stole from the investment banks who are known for stealing billions from the public. Really is the banks fault because they were dumb enough to not check his position with other banks, otherwise they wouldn't have let him taken that much leverage.

[@ForcedMember]

GOAT

[@rh81454]

Seems like a good man. I wish you the best Mr. Hwang. Trust god during your difficult times.

[@kingjoeytheape1657]

I'd be good too if I was stealing billions of dollars. Then try to hide behind the lord. What lord or what god is he talking about. Don't let this con artist fool you, are you serious man. 🥴👈

[@rh81454]

@@kingjoeytheape1657 man has has to face the law before he’s found guilty.

[@lukas6289]

@@kingjoeytheape1657 He stole from the investment banks who are known for stealing billions from the public. Really is the banks fault because they were dumb enough to not check his position with other banks, otherwise they wouldn't have let him taken that much leverage.

[@kingjoeytheape1657]

@@lukas6289 They ALL are in bed together don't yall get it. They point the finger when they get caught and blame each other. Because the public hasn't had a clue in decades until now.🧐

[@kingjoeytheape1657]

@@rh81454 Tell Billy don't drop the soap. 😟

[@ChristopherLeeSJ]

There is something to be said about insider trading, gambling derivatives, and greed. The only person you are pleasing is you and not whatever God you are worshipping.

[@19UCH001_RAHUL_DAS]

he had taken a leverage from Viacom stocks , then Viacoms fund manager positively thought to sell the base price but everyone sold out, so he lost 1.2 billion dollars within 6 days

[@artmaknev3738]

he lost 20 billion

[@학길손]

Hwang will be the resurrection. 하나님은 빌을 부활시킬것이다.

[@MrVIP1234]

The biggest Wall Street bets degen ever!!!

[@JobKaper]

He will have a lot of time to read the Bible in prison.

[@thomasucc]

Outrageous that a rich man could be in jail, just not fair

[@GeneticReconstruction]

Well then😂😂😂😂

[@eriangelino7800]

Fishy fishy...

[@noturdaddyblameyomomma8354]

How many Hail Mary's for blowing up your account?

[@sov19871987]

Even after blowing his account I am sure this guy has huge net worth, just a matter of time when he will come back

[@Torakan1]

Why the hate man? This dude compounded returns at >60% for 8 years. Got caught on the wrong side of China regulatory change and some other one-offs. And it was his own money, not other people’s.

[@adventuresinthebay8487]

@@sov19871987 No, he couldn’t meet the margin calls so he will need to file personal bankruptcy. His foundation still has a couple hundred million so he could draw a large annual salary from the foundation to live on, and manage the foundation’s money.

[@dannyhantx]

@@sov19871987 It's not about his wealth. He's a crook. That is all.

[@dredgewalker]

@@sov19871987 I hope he can still walk so he can work after coming out of jail after his 300 year sentence.

[@fookbia8875]

Classic scam artist.

[@sohu86x]

This is not a good guy and proves that people use religion for whatever purposes they want, in this case, to do evil. He ruined countless families and retirees with his stupid, highly illegal and HIGHLY IMMORAL exploits.

[@ingenerchik]

I deeply disrespect this guy.

[@thomasucc]

5,000 million went missing

[@dalamskdnfkdmsns]

That's why you have to be so careful with cults and culty people...fucking scammers

[@rayflective]

What a hypocrite!

[@drneal]

This is one strange dude, something is very off about him.

[@gyan6388]

Let's not reduce someone to those bunch of judgements just because he's in the news for negative reason or whatever you gathered from that half an hour speech. He might be all those things you said but we don't know enough so let's have the decency to not kick them man when he's down.

[@drneal]

@@gyan6388 These are just my observations of him from this and other videos, not a commentary of his recent actions reported in the news. That said, please spare me a lecture about decency. This guy is a conman who had already been found guilty of insider trading in 2012. Granted, there are hundreds of degenerates just like him on Wall Street. However, he stands out because of the sheer scale of his greed and recklessness, all the while pretending to be a devout and religious man.

[@Torakan1]

@@drneal you must not be familiar with the case. He delivered excellent returns for his investors while managing outside capital (15% per year for 11 years from 2001-2012). The insider trading case was spurious and he only made $16 million on that trade (was generating over $300 million per year so this was drop in the bucket). He paid an additional $40 million fine and returned all money to his investors. The recent blowup was all his own money - it was his family office - there was no outside capital. So who was he conning?? Uninformed comment

[@gyan6388]

@@drneal I think Ghg B gave you a very valid answer. Also whether you admit or not you saying that your comment on his behaviour is not from the recent news but from various other videos but it's obvious that your bias is based on the recent negative news about him. Also your whole opinion is pointless because you're not factually right, like Ghg B pointed out it was a family office so he was not managing any outsider's money but his own.

[@drneal]

@@Torakan1 I’m quite familiar with the case and it is you who is uninformed. He achieved those great returns partly by trading off of non-public information (meaning: he was cheating). The insider trading case was “spurious” you say? Yeah, okay. He only pleaded guilty to it, paid a $44 million fine (as you mentioned) and was banned from trading other people’s money in the US; he was also banned from trading in Hong Kong for 4 years. This is the reason he opened a family office, i.e. because he could only use his own money and to avoid the eyes of the financial regulators. As for who he was conning? Just because he was using his own money, does not mean other people weren’t affected. Trading stocks is a zero-sum game. For every winning trade, there’s a loser on the other side holding the bag. Look at the effect his company’s collapse had on the stock prices of the companies he invested in. There are people all around the world who invested in those companies and lost untold amounts due to his greed and recklessness.