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SoftBank or its investors might view WeWork as a hedge against something else. The overall portfolio might make sense even when some individual investments go s
by odyssey7 3y ago
SoftBank or its investors might view WeWork as a hedge against something else. The overall portfolio might make sense even when some individual investments go south.
- rchaud 3y agoFor WeWork to be a hedge, Softbank would have had to hold a very big short position on a company whose creditors it owes billions to.