Takeoff



Over the years of work in the stock market, Joseph M. Blumenthal has earned the reputation of a professional who knows how to conduct risky transactions, so he did not sit without work for a long time.

In the early years, he ran an investment fund quite successfully. In 2005, the trader made a huge profit. Hurricanes Katrina and Rita, which passed through the United States, brought unprecedented destruction and hit hard on the economy's energy sector. As a result, gas prices jumped, but Blumenthal somehow predicted this change by some instinct a few months before the natural disaster.

At the time, other traders were not expecting significant gains and Joseph M. Blumenthal made a very profitable investment. His assets have grown by $ 2.7 million in a short time! In 2006, he continued to bet on higher prices and earned another $ 2 million.

Despite his apparent success, Joseph's attitude in professional circles was controversial - he developed a reputation as an extremely aggressive player. But he was not reckless and carefully calculated his steps on the stock exchange. In addition, other traders believed that Blumenthal's authority was so great that it could influence stock prices.

 

 

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