Tuesday, May 29, 2012

Boaz Weinstein, the guy with Jamie Dimon's money


Who is Boaz Weinstein?

The financial world remains abuzz with talk about all things JP Morgan, Jamie Dimon and billions in trading losses.

Also getting more attention is one of the guys on the other side of the transaction. The profitable side. The very profitable side. The extremely profitable side.

That guy is Boaz Weinstein who runs the billion dollar hedge fund called Saba Capital Management in New York.

Again, so who is Boaz Weinstein? Well, he is certainly a guy with a sense of humor at least. This is indicated by the above chart he included in a presentation at a financial conference recently.

Boaz Weinstein is a skilled chess, poker and blackjack player. He was graduated from the University of Michigan.  He became Deutsche Bank’s youngest ever Managing Director. He started Saba Capital in 2009.

That is who Boaz Weinstein is.

Have a nice day Jamie Dimon.