Andurand Pulls Back From Cocoa Misadventure After ‘Extreme’ Volatility Drives Losses

Andurand Pulls Back From Cocoa Misadventure After ‘Extreme’ Volatility Drives Losses



Andurand Pulls Back From Cocoa Misadventure After ‘Extreme’ Volatility Drives Losses
Famed oil trader Pierre Andurand has pulled back from a bullish bet on cocoa after a series of mistimed trades led to deep losses, according to a letter sent to investors that was seen by Bloomberg.


www.bloomberg.com
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