3 ms·
If you believe WSB is "taking down" hedgefunds instead of "being played like a fiddle" by them, you should probably take a second look.
by sjwalter 6y ago
If you believe WSB is "taking down" hedgefunds instead of "being played like a fiddle" by them, you should probably take a second look.
- smabie 6y agoCould you give an example? Market making firms have done really well due to wsb and the increase of retail volumes but it's unclear to me that hedge funds have benefited in any material way.
- hong_kong 6y agoNot the OP, but check out the below examples. Beneficiaries across the range, from fundamental equity funds, quant funds, and distressed funds. The retail guys weren't just buying shares from themselves and market makers. https://www.wsj.com/articles/this-hedge-fund-made-700-million-on-gamestop-11612390687 https://www.wsj.com/articles/this-hedge-fund-made-700-millio... https://www.washingtonpost.com/business/2021/02/08/gamestop-wallstreet-wealth/ https://www.washingtonpost.com/business/2021/02/08/gamestop-... https://www.reuters.com/article/us-amc-ent-holdg-silver-lake-idUSKBN29Z00E https://www.reuters.com/article/us-amc-ent-holdg-silver-lake...