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How the Trump Whale Correctly Called the Election

The mystery trader who calls himself “Théo” is on track for a payday of nearly $50 million.

Click to view the original at wsj.com

Hasnain says:

“In dozens of emails, Théo said his wager was essentially a bet against the accuracy of polling data. Describing himself as a wealthy Frenchman who had previously worked as a trader for several banks, he told the Journal that he began applying his mathematical know-how to analyze U.S. polls over the summer.

He concluded the polls were overstating support for Vice President Kamala Harris. Unlike most armchair political commentators, he put his money where his mouth was, betting more than $30 million that Trump would win.”

Posted on 2024-11-07T06:33:45+0000