Market routs always leave plenty of victims behind. A savvy -- or lucky -- few can come out ahead amid the chaos, though.
Winners from Tuesday's market plunge included one of the more renowned traders in recent Wall Street history: John Meriwether. Mr. Meriwether formerly ran Long Term Capital Management, the hedge fund whose collapse in 1998 nearly triggered a global financial crisis. He now runs a $2.6 billion fund, JWM Partners, which was up after markets closed Tuesday and has generated positive returns for February, according to investors.
The 59-year-old Mr. Meriwether, who was traveling and unavailable for comment, ...
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