Re:Bill Hwang of Archegos Capital lost $20B in two days
by lordnacho on Wednesday May 12, 2021 @01:36PM
(#27132975)
The implicit hand under the market in fact better than a bailout, there's no embarrassment. Hedge funds get to borrow money, which they use to get long the market that is implicitly supported, which accrues more capital to the funds, which they can use to borrow more money.
Your average saver cannot just do this, being limited to 2x as per other comments.
Your average saver cannot just do this, being limited to 2x as per other comments.