Karen Bruton aka Karen The Supertrader is the former manager of a $242,000,000 retail hedge fund. She’s a distinguished alumni of The University of North Carolina for her philanthropy work in Africa and Central America. She’s the founder of Just Hope International non profit. During the interview she breaks the gag order regarding the 2018 complaint she received from the SEC. Learn more about Michael’s Men of Action Mentoring Program: https://go.moamentoring.com/i/2 Subscribe on Youtube: https://www.youtube.com/user/MichaelSartain Listen on Apple Podcast: https://podcasts.apple.com/us/podcast/the-michael-sartain-podcast/id1579791157 Listen on Spotify: https://open.spotify.com/show/2faAYwvDD9Bvkpwv6umlPO?si=8Q3ak9HnSlKjuChsTXr6YQ&dl_branch=1 Filmed at Sticky Paws Studios: https://m.youtube.com/channel/UComrBVcqGLDs3Ue-yWAft8w 0:00 Intro 1:28 Karen the Super Trader 2:10 Technical Trader 3:10 How much do you use that you learned? 3:56 Switching from stocks to stock options 5:55 asymmetry of information 6:32 *From 1.3 mil to 42 mil in the first year 9:11 *I never lost money for investors 9:54 Kannapolis North Carolina 11:08 Paying for college 12:37 *When do you plan on getting pregnant? 13:54 University of North Carolina 14:26 Duke Power 16:02 *Why is he making more money than me? 18:10 Finance and physics 20:09 Jenny Andrews: When do you take a profit? 21:44 Premium selling explained 23:06 2018 SEC complaint 24:02 *Rolling positions forward 24:59 *Breaking the gag order 27:59 In 2014 you made money for your investors 28:36 Irresponsible journalism 32:28 CFTC vs SEC 33:49 The narrative about Karen 34:57 Not allowed to speak in your own defense 36:03 *Makes my blood boil 38:40 Terms of the agreement 39:30 *Anthony Battista: Do you regret stepping out from the shadows? 41:07 Called by God 42:43 Anthony Battista: Had any original investors lost money with you? 43:46 Anthony Battista: What is Karen still trading? 46:05 Defending your positions 50:38 Is it possible to manage options in the hedge fund space? 51:14 Mission trip to Moscow 54:09 Trip to Malawi 54:49 Her husband beat her every day 57:18 *Elijah the artist 1:01:43 Mary Jo White 1:02:19 Calcutta, India 1:05:14 People living in trash heaps in Managua, Nicaragua 1:08:20 Toxic charities 1:09:00 *Shining Path Cult in Peru 1:11:47 Pineapple farmers in Sierra Leone 1:15:00 African women to an OB/GYN in Nashville 1:18:20 Trading through the Corona crash 1:19:55 Changing the way you trade 1:20:45 *Father was a WWII hero 1:24:41 What did you take from your father? 1:26:26 UNC Distinguished Alumni Award 1:29:15 Tom Sosnoff: Would you do it again knowing it would all end of the same? 1:31:53 Outro