3 ms·
I've seen pieces like this in the FT too. I think it's one of those things that is interesting to the people in the industry but irrelevant to everyone else. We
by walthamstow 3y ago
I've seen pieces like this in the FT too. I think it's one of those things that is interesting to the people in the industry but irrelevant to everyone else. We know a thing or two about that here!
- short_sells_poo 3y agoIt's not even interesting for people in the industry, but it garners clicks so even reputable publications produce this drivel. The number of "Random Goober XYZ made 200% this year" articles that turn up on Bloomberg is quite high. By and large it turns out that they had one really good year in a sea of mediocrity, or the P&L is an accounting trick (hello Universa and the disingenuous numbers that got pushed around them). In a sufficiently large collection of clueless people, there'll always be a small number whose bets happened to be very good in a particular year and the media likes to run with it.