Meet Andy Krieger
Andy Krieger – a legendary moneymaker has come out of seclusion and he’s now working with Legacy Research.
We have never seen someone like this individual in our space – ever.
This guy has made trades so big, he has actually almost shut down the central banks of certain countries.
He’s the only person we know who has made a trade that’s generated $300 million in profit.
Andy’s been called one of “the most aggressive traders in history,” despite his extreme aversion to risk.
Krieger became famous for “breaking the Kiwi” in 1987, making $300 million in profits in a single day for Bankers Trust. Every foreign exchange professional has studied this trade… and it’s taught in every MBA program.
That’s not even his best… or most profitable trade. That’s only the one he’s famous for because news of this big trade spread like wildfire around the globe.
Andy even briefly worked for George Soros… and many believe George used Andy’s Kiwi trade as a template for “breaking the Bank of England”.
But then Andy mysteriously stepped out the limelight.
Since then, he’s traded multi-billion-dollar positions completely anonymously in the currency and commodities markets.
Over the past 35 years he claims he’s only had two down years. The probability of that happening by chance alone is 1 in 57 million.
In fact, whenever there’s a big trade in the currency or commodity markets… some people still wonder if Andy Krieger is behind it. His legend is so mysterious, he’s even on the most authoritative list of people who could be Satoshi Nakomoto, the inventor of Bitcoin.
Andy Krieger’s Big BIG Trade Event – What Is IT?
For decades, everyone has wanted to know “What’s Andy Krieger thinking?” And, on February 20th, 2020, he’s stepping back into the limelight for the first time in his first live interview ever.
Why? Andy says another Big Trade is coming. He believes this is the single biggest moneymaking opportunity he’s seen since he “broke the Kiwi”.
Here’s what’s happening…
He is seeing an unprecedented confluence of compression across multiple currencies. They are ALL pointing to the same big event in mid 2020.
A BIG Big Trade you can make 30X from. The best part? He’s looking for a small group of apprentices to trade it with him.
Andy Krieger’s Facts
- Started picking stocks at the age of four
- Played professional Tennis in Europe
- Speaks multiple languages including English, Sanskrit, Bengali, Arabic, Hebrew
- Has traveled to over 50 countries
- Trades over 170 currencies and commodities
- BA in Philosophy at U Penn
- Wharton MBA
- Summer internship at J.P. Morgan
- Traded at the Chicago Board Options Exchange
- Philadelphia Stock Exchange Options Trader
- Salomon Brothers Foreign Exchange Desk
- Bankers Trust: Most traders were given a maximum of $50 million to trade. Andy worked with a $700 million account. Made $300 million profits in one trade. – The year before Andy was hired at Bankers Trust, they made $57M in profit, the year he was there they made $512M in profit and they made $153M the year after he left.
- Inventor of Bitcoin? He’s on the authoritative list of people who could be Satoshi Nakomoto.
- George Soros’ Quantum Fund: Ran the Options Desk
- “Goes in to Hiding” and makes Billions
Quotes About Andy Krieger
“a powerful and notorious force”
“Krieger’s trademark was big trades”
“he used options to sell short the entire money supply of New Zealand”
“whenever otherwise inexplicable moves occurred in exchange rates, rumors circulated of another Krieger coup.”
“a colleague turned green and nearly vomited into a wastebasket when he saw how much risk Krieger had taken”
From The Vandal’s Crown: How Rebel Currency Traders Overthrew the World’s Central Banks
“the word’s most successful forex dealer — and speculator”
“he wages options blitzkrieg”
— Australian News
“a Big Swinging D***”
– The Economist
“one of the greatest currency trades ever made”
— International Economics by Robert Cartbaugh
“made seemingly inconceivable profits”
“engaged in some of the most esoteric trades imaginable”
Last year, Andy’s firm earned $592 million. That’s more than twice what any other U.S. bank except Citicorp achieved and nearly one-third more than Citicorp.
Insiders say the bank liked the money Andy was making but would have preferred to profit to come from a team, rather than disproportionately from one highflier.
Mr. Krieger’s resignation jarred foreign-exchange markets. Trading in currency options came close to stopping for a couple of hours.
In 1987… While other motorists heading for Manhattan were contemplating the $3 toll, Mr. Krieger was pulling off trades of $10 million and more.
— Wall Street Journal
“for many bankers, the news about Krieger’s trading was a wakeup call. It was time for them to go back to school…”
— Infectious Greed
“most successful traders in the world”
— Forex Factory
“So enormous were his positions in the currency-options market that news of his resignation practically halted trading around the world.”
— Trader Monthly