106: Turney Duff – A Wall Street Trader’s Tale of Spectacular Excess

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 5 January 2017

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

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Summary

Turney Duff was a hedge fund trader on Wall Street who lead a truly excessive lifestyle. In 2013 he released a book about his experiences—titled, The Buy Side. And currently, Turney is a consultant on the Showtime TV series, Billions. On this episode we cover everything, from what it was like to trade more than one billion dollars at Galleon Group—which was the hedge fund run by Raj Rajaratnam, currently serving an 11-year prison sentence for partaking in one of the largest insider trading rings in U.S. history. Following on from this, we discuss Turney’s relationships with the sell-side and the extreme measures they’d take to win his business. Which leads into the shenanigans which took place after-hours—the cocktail of drugs, alcohol, sex, money and power. We finish up with Turney’s fall from the top, some of the greatest realizations he’s come to, and the life he leads today… Enjoy! -- Sponsored by TradeStation.com – TradeStation connect traders with all the bell’s n whistles to better monitor and participate in markets. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Chat with traders is brought to you by Trade the Pool.
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0:35.7	Chat with traders is also brought to you by the Chat with traders' community.
0:39.5	We'll keep this announcement short.
0:41.2	We just want you to visit chatwithtraders.com-community to learn more about what our community is all about.
0:47.5	Thank you, and we wish you all the best in your trading journey.
0:51.4	Markets, speculation, and risk.
0:56.7	This is the Chat with traders' podcast hosted by Aaron Feifield.
1:02.7	So here we are, team, for the first episode of 2017.
1:06.8	I do hope there are big things in store for you this year.
1:10.4	So let's go.
1:11.7	My guest, who you're about to hear from, is Turnie Duff.
1:16.0	Long story short, Turnie was a hedge fund trader on Wall Street,
1:20.4	who led a truly excessive lifestyle.
1:23.4	In 2013, he released a book about his experiences titled The Bioside.
	...

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