Porche Hedge funds

Porsche Profits Once Driven By Hedge Fund Trading, Not Cars

Leading up to 2008, Porsche wasn’t really a car company and its then CEO, Wendelin Wiedeking, was getting rich off a profit incentive that many hedge fund managers live and die from.

As the financial crisis approached, Porsche reported earnings of $11.5 billion, which observers noted was an odd achievement. Putting this in mathematical and historical perspective, in fact, it was shocking.


Prosche's profit from per car . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required


Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up today and get three months free

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 9/130/2019 or after next 25 subscribers take advantage whichever comes first – please do not share this discount with others

 

0