1 definition by BIgDad42069
An epic fail due to your own overconfidence in your ability to continue to same behaviour in the face of insane and growing risk. Bonus points if the rug is pulled out from under you by counterparties like your bankers.
Similar to schlonged and named for the legendary Bill Hwang, former Tiger Cub and current unofficial holder of the record for the biggest personal blow up in financial history.
Similar to schlonged and named for the legendary Bill Hwang, former Tiger Cub and current unofficial holder of the record for the biggest personal blow up in financial history.
'Hey man did you here what happened to Dave? His broker changed the margin requirements and ended up liquidating his entire family office.'
'Holy s$#t he get hwanged!'
'Holy s$#t he get hwanged!'
by BIgDad42069 March 30, 2021