Bridgewater bet $1B in Nov 2019 that stock markets will fall by Mar. 2020 (wsj.com) 2 points by richardzyx 6y ago ↗ HN
[–] manigandham 6y ago ↗ This is what hedge funds do, they use various strategies to build hedges and reduce volatility according to their mandate.Nothing crazy about expecting a downturn after a 10+ year bull-run with frothy markets, but looks like a bit of luck on the timing for those puts. [–] [dead] mraudiobook_com 6y ago ↗ A $billion "lucky put" from Goldman and Morgan? Covid wasn't enough to drop the market back 10 years but a coordinated effort to short and not "buy the dip" would have been.
[–] [dead] mraudiobook_com 6y ago ↗ A $billion "lucky put" from Goldman and Morgan? Covid wasn't enough to drop the market back 10 years but a coordinated effort to short and not "buy the dip" would have been.
[–] cjbenedikt 6y ago ↗ Billionaire investor’s Pure Alpha Fund down 20% after coronavirus-induced market turmoi https://www.ft.com/content/6addc002-6666-11ea-800d-da70cff6e...
[–] samizdis 6y ago ↗ De-paywalled link: http://archive.md/rLhYPEdit to add publication date: Updated Nov. 22, 2019 2:07 pm ET
4 comments
[ 5.2 ms ] story [ 21.2 ms ] threadNothing crazy about expecting a downturn after a 10+ year bull-run with frothy markets, but looks like a bit of luck on the timing for those puts.
Edit to add publication date: Updated Nov. 22, 2019 2:07 pm ET