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There was also some dodgy goings on with Farage and some hedge funds, where they placed large bets on the pound dropping in value: https://www.bloomberg.com/ne
by patrickk 5y ago
There was also some dodgy goings on with Farage and some hedge funds, where they placed large bets on the pound dropping in value:
https://www.bloomberg.com/news/articles/2018-09-06/brexit-pollster-faces-scrutiny-over-secret-political-operations https://www.bloomberg.com/news/articles/2018-09-06/brexit-po...
https://www.bloomberg.com/news/features/2018-06-25/brexit-big-short-how-pollsters-helped-hedge-funds-beat-the-crash https://www.bloomberg.com/news/features/2018-06-25/brexit-bi...
So some insiders were able to profit off the outcome of the referendum in shady circumstances.
- retube 5y agoNo one _knew_ what the outcome would be (how could they have done?). Hedge funds routinely risk capital to bet on outcomes of events like this based on their own research (it's what they do); some would have got it right, some not. There's no conspiracy here.
- akimball 5y agoPlacing bets is investing. Placing bets with a conspiracy attached is activist investing.