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This is what hedge funds do, they use various strategies to build hedges and reduce volatility according to their mandate. Nothing crazy about expecting a down
by manigandham 7y ago
This 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.