That’s what one hedge fund manager said when he woke up the other day.

Until Monday, this is what ‘Farfegnugen’ meant

Now it means – Motherf#$*ker…my hedge fund blew up!’

I say good riddance to all the hedge funds that blew up on this trade . If your hedge fund is so big that you need to be short Volkswagen, than you are ‘NOT’ too big too fail. In fact, you are just the right size. Putz’s.

The financial world is completely chaotic and you must remain light. It is panicky AND overpaid hedge fund and mutual fund managers that are now in control of the market’s direction.

From what I have read, Porsche and the German government were on the record with Porsche using derivitaves to take control of Volkswagen two weeks ago.

Continue to fasten your seat belts. Fundamentals rarely mean much, but less than ever these days in the ‘reverse’ equity bubble.