Making millions from chaos and the stock market collapse.

https://www.theguardian.com/business/2018/feb/09/how-artemis-hit-bulls-eye-by-betting-on-stock-market-collapse

From his office overlooking the Colorado river in Austin, Texas, Cole runs Artemis Capital, a hedge fund that, since 2012, has been betting on a repeat of the 1987 Black Monday stock market crash.

Cole’s Artemis Vega fund, which he started with $1m and has now attracted nearly $350m of investors’ cash, is designed to “generate opportunity from chaos” – and he believes there is far more chaos coming.

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“It’s been a good week,” Cole said in a interview with the Guardian. “The explosion in the Vix and the rise in volatility is something we have been predicting, and waiting for, for a long time. We were well prepared to benefit from it.”

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Cole has some dire predictions: “We are going to have a full-blown financial crisis on the same level as the last one, if not worse. I’m not saying the world is going to end in the next two weeks, but I would be surprised if it doesn’t happen in the next two years.”