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'Loungezaius' by akaMonty
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Unread 2019-11-22, 11:10   #1
aarkieboy's Avatar

Feb 5 2003
86,387 posts
Age 63
Somewhere on this ball we call "Earth"

"The largest hedge fund in the world has reportedly staked more than $1 billion that global equity markets will fall during the next three months.

The wager placed by Ray Dalio's Bridgewater Associates would pay off for the firm if either the S&P 500 or the Euro Stoxx 50 or both decline, people familiar with the matter told The Wall Street Journal.

The Journal said the bet uses put options — assembled over months by Goldman Sachs and Morgan Stanley — that give investors the option of selling stocks at a predetermined price by a given date.

The firm paid about $1.5 billion for the contracts, about 1% of Bridgewater's $150 billion in total assets under management, the report said." (More)
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Unread 2019-11-22, 11:41   #2
ash#'s Avatar

Nov 1 2004
10,027 posts
Age 47
One of those indoor shopping malls

Here's the thing about hedge fund managers. They are no better at picking winners and losers than anyone else. They are just good at convincing people that they are.
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Go Back   Mechapixel Forums > Main > Aarkie's Corner > World's largest hedge fund reportedly bets over $1B on a big stock market sell off
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