3 ms·
It'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 XY
by short_sells_poo 3y ago
It'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.