I was relieved that Icould at least protect the value of theinvestors in my fund and make...
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I was relieved that I
could at least protect the value of the
investors in my fund and make some money from
the fall in the share price. How much money did you make
on short selling Steinhoff? We made roughly R9 million. But there was definitely
gonna be more pain versus those that made money from the
incident, and I was aware of that
could at least protect the value of the
investors in my fund and make some money from
the fall in the share price. How much money did you make
on short selling Steinhoff? We made roughly R9 million. But there was definitely
gonna be more pain versus those that made money from the
incident, and I was aware of that
Full Transcript
00:00:01.000 --> 00:00:03.004
I was relieved that I
could at least protect
00:00:03.401 --> 00:00:05.879
the value of the
investors in my fund
00:00:05.088 --> 00:00:09.002
and make some money from
the fall in the share price.
00:00:10.161 --> 00:00:12.084
How much money did you make
on short selling Steinhoff?
00:00:12.841 --> 00:00:14.999
We made roughly R9 million.
00:00:15.000 --> 00:00:17.879
But there was definitely
gonna be more pain
00:00:17.088 --> 00:00:21.088
versus those that made money from the
incident, and I was aware of that.
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Movie Summary
The biggest corporate scandal in South African history, the fall of Steinhoff led to a loss of R200 billion. Steinheist untangles the story: the investors who were taken in; the victims and the CEO, Markus Jooste, who's still a fr...
