3 ms·

If it was, why would the other party have made the bet?

• n2d4 3y ago
  It's great publicity for their fund which is super important, because the goal of a hedge fund manager is not to make the portfolio go up, it's to convince their clients that the portfolio will go up.
  • bombcar 3y ago
    And if you have a hedge fund and aren’t willing to make the bet, your clients are gonna ask wtf.