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A comment on Bill Hwang of Archegos Capital lost $20B in two days. Parent comment

Re:Bill Hwang of Archegos Capital lost $20B in two days by zozbot234 on Wednesday May 12, 2021 @01:40PM (#27133013)
> It's incredible that he managed to be that leveraged to begin with

Is it really that incredible, in the age of WallStreetBets self-defined 'autists' and 'apes'? There are many ways aside from properly-defined 'margin' investment to do very risky bets.

[ Parent | on HN ]
Re:Bill Hwang of Archegos Capital lost $20B in two days by samsonradu on Wednesday May 12, 2021 @02:51PM (#27133794)
I’m guessing parent is not familiar with the leverage on crypto platforms. https://www.binance.com/en/support/articles/360033162192
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