John D. Arnold: More Info

At an energy conference, John D. Arnold said that he looks “to place bets on a market that he determines is ‘biased’ … We ask ourselves can we identify what is forcing a market to price a product at an unfair value, and then, what will push it back to fair value.”Arnold also addressed the speculative trading that is happening on the unregulated over-the-counter Intercontinental Exchange (ICE) and NYMEX’s Clearport Trading: “Trading never went away …What has changed is the non-commercial type of interest … Because of this there has never been as much investor interest … as there is today.”

In August 2008, Centaurus purchased about 10% of the shares of National Coal Corporation (NCOC).

John D. Arnold gave a rare public speech to the CFTC (U.S. Commodity Futures Trading Commission) in which he strongly opposed the idea of limiting trading positions in the energy futures markets.

According to Forbes magazine’s 2010 list of The World’s Billionaires, John D. Arnold ranked number 212, with a net worth of $4 billion.

In 2009, John D. Arnold is believed to have earned 900 million dollars.

According to Forbes Magazine, Arnold is the second youngest United States person with more than a billion US dollars.

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