[ReallyAnonymous]

didnt realize that link was behind paywall. It won't happen again.

Gist of the story is that an amateur law student was amazingly good at predicting AAPL earnings every quarter. Graduated, and started his own hedge fund.

Publicly advocated buying options because AAPL could only go up bc profits were increasing. That's also what he did with investors' money. Options expired worthless. All $$ lost.

AAPL price did not follow increase in earnings in straight line.