Quote: (11-06-2013 07:10 AM)Handsome Creepy Eel Wrote:
What does this hypothetical person do that makes them worth so much? They'd have to produce at least a million $s of profit for it to be worth it for the company to hire them at that salary. And to produce a million $s of profit from trading stock options, the amount of money invested, traded and spun around is just mind-boggling. Probably tens of millions even at such a "basic" level.
These figures are still peanuts compared to the top hedge fund manager earnings.
For example, last year David Tepper from Appaloosa, personally made $2.2 billion, and the top 40 manager/traders made a total of $16.7 billion between them :
http://www.forbes.com/lists/2013/hedge-f..._land.html