Captain Capitalism links to a Bloomberg report that 30% of hedge funds are supposedly going to be going out of business due to the downturn. Now pardon me for asking, but wasn't the purpose of hedge funds to be to "hedge" for crises such as this?
Seems like some fund managers needed to brush up on basics like "debt makes your assets more, not less, volatile."
Odds & Ends: August 15, 2025
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Veja Rio Branco II Mesh Sneakers. My trusty New Balance 574s finally gave
out after years of faithful service, so I pulled the trigger on these
retro-sty...
1 day ago
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