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Supposedly, some of the large hedge funds are being liquidated... https://twitter.com/MarkYusko/status/1238672312699887622 https://twitter.com/MarkYusko/status

Supposedly, some of the large hedge funds are being liquidated... https://twitter.com/MarkYusko/status/1238672312699887622 https://twitter.com/MarkYusko/status/1238672312699887622

609venezia 7y ago
Yikes. Which funds is he referring to? Do we have any references more solid than a tweet?
- ryansmccoy 7y ago
  That tweet is by someone who would know. I've also verified this with some people I know in the industry.
  - Infinitesimus 7y ago
    Are you at liberty to say which hedge funds these were?
    - Infinitesimus 7y ago
      Rumor has it that it's Bridgewater for anyone reading this later
- ewheeler 7y ago
  "Malachite Capital Management LLC, a hedge fund specializing in trading volatility, said that it would shut down immediately." according to https://www.wsj.com/livecoverage/coronavirus/card/is2y79bNxheZG7UIPRij https://www.wsj.com/livecoverage/coronavirus/card/is2y79bNxh...
  - 609venezia 7y ago
    Thank you. This closure makes sense. "their strategy involved selling options on volatility exchange-traded products, which is essentially a bet that profits when markets stay calm." Would this fund be considered "large" at 600mm? There are also some older ones in the news e.g.: https://www.ft.com/content/da193096-63af-11ea-b3f3-fe4680ea68b5 https://www.ft.com/content/da193096-63af-11ea-b3f3-fe4680ea6... (March 11, Solus's flagship fund, 4.3bn, distressed debt focus)
holler 7y ago
what is up with all the scam bitcoin bots? how does twitter allow that?
- bradly 7y ago
  For years top level replies to the POTUS have had fake Elon bots promoting bitcoin scams and Twitter has been unwilling or unable to get rid of them. I still don’t understand it. Here is an example from yesterday: https://mobile.twitter.com/Compazy/status/1240155288122134528 https://mobile.twitter.com/Compazy/status/124015528812213452... and https://mobile.twitter.com/binubangulsm/status/1240073805206376448 https://mobile.twitter.com/binubangulsm/status/1240073805206... You can see the bot changed its name and profile pic to match the OP so it isn’t clear to casual Twitter users that the scam is from a different account.
  - mschuster91 7y ago
    These users are almost always hacked, there have been instances of public, verified people that were abused. The problem is that Twitter's moderation teams are hopelessly overwhelmed, massively understaffed and, for the lack of better words, utterly incompetent/unable to understand cultural context - probably somewhere in India, Vietnam or wherever else you have a large number of cheap heads.
    - holler 7y ago
      That's an interesting observation, I wonder how one could design a system to moderate a social app at scale? I've been thinking about this recently, but not sure what possible solutions could be. I was thinking there needs to be a way to incentivize the users to self-moderate in a way that is fair and works for most cases.

Supposedly, some of the large hedge funds are being liquidated... https://twitter.com/MarkYusko/status/1238672312699887622 https://twitter.com/MarkYusko/status/1238672312699887622

609venezia 7y ago

Yikes. Which funds is he referring to? Do we have any references more solid than a tweet?

ryansmccoy 7y ago
That tweet is by someone who would know. I've also verified this with some people I know in the industry.
- Infinitesimus 7y ago
  Are you at liberty to say which hedge funds these were?
  - Infinitesimus 7y ago
    Rumor has it that it's Bridgewater for anyone reading this later
ewheeler 7y ago
"Malachite Capital Management LLC, a hedge fund specializing in trading volatility, said that it would shut down immediately." according to https://www.wsj.com/livecoverage/coronavirus/card/is2y79bNxheZG7UIPRij https://www.wsj.com/livecoverage/coronavirus/card/is2y79bNxh...
- 609venezia 7y ago
  Thank you. This closure makes sense. "their strategy involved selling options on volatility exchange-traded products, which is essentially a bet that profits when markets stay calm." Would this fund be considered "large" at 600mm? There are also some older ones in the news e.g.: https://www.ft.com/content/da193096-63af-11ea-b3f3-fe4680ea68b5 https://www.ft.com/content/da193096-63af-11ea-b3f3-fe4680ea6... (March 11, Solus's flagship fund, 4.3bn, distressed debt focus)

holler 7y ago

what is up with all the scam bitcoin bots? how does twitter allow that?

bradly 7y ago
For years top level replies to the POTUS have had fake Elon bots promoting bitcoin scams and Twitter has been unwilling or unable to get rid of them. I still don’t understand it. Here is an example from yesterday: https://mobile.twitter.com/Compazy/status/1240155288122134528 https://mobile.twitter.com/Compazy/status/124015528812213452... and https://mobile.twitter.com/binubangulsm/status/1240073805206376448 https://mobile.twitter.com/binubangulsm/status/1240073805206... You can see the bot changed its name and profile pic to match the OP so it isn’t clear to casual Twitter users that the scam is from a different account.
- mschuster91 7y ago
  These users are almost always hacked, there have been instances of public, verified people that were abused. The problem is that Twitter's moderation teams are hopelessly overwhelmed, massively understaffed and, for the lack of better words, utterly incompetent/unable to understand cultural context - probably somewhere in India, Vietnam or wherever else you have a large number of cheap heads.
  - holler 7y ago
    That's an interesting observation, I wonder how one could design a system to moderate a social app at scale? I've been thinking about this recently, but not sure what possible solutions could be. I was thinking there needs to be a way to incentivize the users to self-moderate in a way that is fair and works for most cases.