{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"Lancer Management: The Hedge Fund That Valued Its Own Stocks","description":"You can make a fortune in the cracks of the market—if you know where the light doesn’t reach. In the late nineteen nineties, Michael Lauer found those dark corners, and he learned how to turn them into gold on paper. But what happens when the numbers you print are the only numbers that matter?\r\n\r\nBefore Lancer Management became a name whispered in courtrooms and cautionary tales, Michael Lauer was just another hedge fund manager with a sharp eye and an appetite for obscurity. Back then, the world of hedge funds was expanding fast. Rules were loose, investors were eager, and the market’s forgotten stocks—the micro-caps, the illiquid names—offered a playground for anyone willing to blur the line between skill and sleight of hand. Lauer wasn’t born a fraudster, at least not by the facts in the public record. He was a man who saw how much freedom existed where prices were hardest to pin down. And in those days, that freedom was real. Investors wanted returns more than they wanted transparency. If you could tell a convincing story and print a convincing number, you could raise a lot of money—even if the foundations were already tilting.\r\n\r\nAurelius and Malik take on this case in full — 5 chapters, 32 minutes, one complete story.\r\n\r\nLearn more at: https://thefraudarchive.com/fraud/michael-lauer","author_name":"The Archive Network"}