3 ms·
Former Citadel employee, /u/dlauer — https://www.reddit.com/r/Superstonk/comments/o28tm9/udlauers_interview_on_cnbc_june_17_2021/ https://www.reddit.com/r/Super
by jw1224 5y ago
Former Citadel employee, /u/dlauer — https://www.reddit.com/r/Superstonk/comments/o28tm9/udlauers_interview_on_cnbc_june_17_2021/ https://www.reddit.com/r/Superstonk/comments/o28tm9/udlauers...
And here’s Dave’s interview with Superstonk: https://youtu.be/AYct0XX0uTU https://youtu.be/AYct0XX0uTU
—
As for “plenty” of career hedge fund traders: I’ll accept “plenty” is a bit of a meaningless word here. Given the anonymous nature of Redditors, I’ll struggle to give you any meaningful identities.
Anecdotally, however, I’ve come across quite a few who claim to be professionals, and were accompanied by some kind of reasonable evidence to back it up. /r/DDintoGME has often brought attention to these people.
There have been several professional traders providing regular updates from their corporate Bloomberg Terminals [1].
Michael Burry, famed investor from “The Big Short”, held a long position on GME [2]. I think he sold it last year, but his tweets have been very bullish about the prospect of a market crash and accompanying MOASS resulting from Wall St being overleveraged. Take this one with a pinch of salt.
Perhaps, most tellingly, there are plenty of major hedge funds — including Blackrock and Vanguard (both of which are full of career traders!) — who seem to think it’s worth holding [3].
[1] https://reddit.com/r/Superstonk/comments/nzyh7f/14062021_gme_bloomberg_terminal_information/ https://reddit.com/r/Superstonk/comments/nzyh7f/14062021_gme...
[2] https://www.reddit.com/r/investing/comments/cthume/dr_michael_burry_and_the_big_gamestop_short/ https://www.reddit.com/r/investing/comments/cthume/dr_michae...
[3] https://www.streetinsider.com/holdings.php?q=GME https://www.streetinsider.com/holdings.php?q=GME
- qeternity 5y agoMy personal and professional online identities are linked. I'm not anonymous. Anyone could figure out who I am with 30 seconds of googling. I've not argued for/against GME. I've just argued against the conspiracy theories. I have zero insight into their core business, and if I don't have edge, I don't trade. But I know a thing or two about how markets work, and all of the conspiracy nuts who have jumped onto the GME story just don't really get it. That's what I take issue with.