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fix the market? sir, this is a casino. $40 B market cap is chump change in the quadrillions derivatives market https://twitter.com/gaborgurbacs/status/163752248
by downvotetruth 3y ago
fix the market? sir, this is a casino. $40 B market cap is chump change in the quadrillions derivatives market https://twitter.com/gaborgurbacs/status/1637522483476680710?lang=en https://twitter.com/gaborgurbacs/status/1637522483476680710?...
- kyaghmour 3y agoWarren Buffet on derivatives: "financial weapons of mass destruction."
- collegeburner 3y agothats like summing the value of all written insurance policies, meaningless number the figure is way lower netted out
- tootie 3y agoYou can't compare a notional value to assets under management.
- downvotetruth 3y agomarket cap is not assets under management
- deleted 3y ago[deleted]