The strategy a $69 billion hedge fund uses to make sure it never loses money in the stock market

• Millennium Management has lost money in just one year since its 1989 founding.
• The $69 billion hedge fund uses a strict trading strategy to make sure it consistently makes money.
• This trading strategy has helped founder Israel Englander become a billionaire.

The $69 billion Millennium Management hedge fund employs a simple yet effective trading strategy to make sure it almost always makes money in the stock market: cut losing stock positions as quickly as possible.