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Bridgewater bet $1B in Nov 2019 that stock markets will fall by Mar. 2020
- manigandham 7y agoThis is what hedge funds do, they use various strategies to build hedges and reduce volatility according to their mandate. Nothing crazy about expecting a downturn after a 10+ year bull-run with frothy markets, but looks like a bit of luck on the timing for those puts.
- mraudiobook_com 7y agoA $billion "lucky put" from Goldman and Morgan? Covid wasn't enough to drop the market back 10 years but a coordinated effort to short and not "buy the dip" would have been.
- cjbenedikt 7y agoBillionaire investor’s Pure Alpha Fund down 20% after coronavirus-induced market turmoi https://www.ft.com/content/6addc002-6666-11ea-800d-da70cff6e4d3 https://www.ft.com/content/6addc002-6666-11ea-800d-da70cff6e...
- samizdis 7y agoDe-paywalled link: http://archive.md/rLhYP http://archive.md/rLhYP Edit to add publication date: Updated Nov. 22, 2019 2:07 pm ET