bradenslen
bradenslen

I’m working up some sympathy for the hedge funds. Bwahahahaha.

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In reply to
pratik
pratik

@bradenslen I read an op-Ed in defense of the hedge funds that compares them to investigative journalists in the media. My first thought was, I don’t know a single investigative journalist who owns a yacht.

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bradenslen
bradenslen

@pratik Weren't the hedge funds partly responsible for the economic crash of 2008? Maybe not the main culprit but in the mix of villains somehow? I might be wrong but still no sympathy.

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pratik
pratik

@bradenslen Nope. You’re right. Definitely were responsible partly for 2008. I don’t see any long term benefits in what the Redditors doing but no sympathy for hedge funds either.

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fgtech
fgtech

@pratik One person’s investigative journalist is another person’s muck raker. I guess as long as they can handle a truly free market in which everyone gets to play then they can have a place in it too.

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pratik
pratik

@fgtech Yup. I had no complains against short sellers even if I sometimes begrudged their wealth and worldview. But them crying foul after they got the short end of the free market deserves no sympathy.

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Munish
Munish

@pratik 😂

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