Case in point, Archegos was a $10B hedge fund but $194B of market cap loss was attributed to their collapse https://www.bloomberg.com/news/articles/2021-04-09/r

Case in point, Archegos was a $10B hedge fund but $194B of market cap loss was attributed to their collapse https://www.bloomberg.com/news/articles/2021-04-09/rattled-archegos-stocks-investable-again-after-194-billion-blow https://www.bloomberg.com/news/articles/2021-04-09/rattled-a...