"GOD" didn't die in 2017, but he did throw his hands up.
Andy Hall, the oil trader blessed with that nickname, caused a stir this summer by closing down his main hedge fund after long arguing for oil prices to rally and reportedly suffering big losses. He didn't declare oil was dead; indeed, he warned that his withdrawal could be a contrarian signal (which turned out to be prescient). His capitulation was a warning of a different kind. And while it may be mere coincidence, the appearance of something called OilCoin four months after God bowed out is a fitting coda.
In his letter to investors, he said a combination of algorithmic trading and uncertainty about shale-oil output had upended his approach...
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