4 ms·
Lol. Dalio is too big to bother with insider trading. With $160bill under management, that leaves like what, ~50 companies he can't just buy outright in the ent
by tryptophan 6y ago
Lol. Dalio is too big to bother with insider trading. With $160bill under management, that leaves like what, ~50 companies he can't just buy outright in the entire world?
Please stop watching Billions and thinking it represents anything close to reality.
- deleted 6y ago[deleted]
- taylortrusty 6y agoBillions is absolutely based on reality. Steve Cohen / SAC Capital.
- viburnum 6y agoAs if hedge funds only trade stocks. As if LIBOR was the only thing ever fixed.
- lonelappde 6y agoHe can't buy all the companies. That's only 1% of just the NYSE market cap. What is the max size of asset that can profit 4%/yr alpha from insider trading?
- DennisP 6y agoI think he means any of the companies, not all at once. And I'll note again that stock picking is not what their fund does anyway.