What Rogue Trader teaches you about cutting your losses

When things started to go wrong, Nick Leeson compounded the problem until it was too late, says Matthew Partridge.

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Rogue trader Nick Leeson ended up behind bars
(Image credit: Credit: Moviestore collection Ltd / Alamy Stock Photo)

Based on Nick Leeson's memoirs of the same name, Rogue Trader looks at the events leading up the collapse of Barings Bank in 1997. Nick Leeson (Ewan McGregor, pictured) is sent to Singapore to take control of Barings' trading operations. However, a series of disastrous trades leads to mounting losses.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri