Re:Bill Hwang of Archegos Capital lost $20B in two days
by DesiLurker on Wednesday May 12, 2021 @01:42PM
(#27133043)
>Why are the rules not also applied to hedge funds?
I think thats the wrong approach, correct approach would be to have rules to protect the rest of economy from that hedge-fund's possible bad decisions. So yes you should have freedom to lose all your money so long as the risks are highlighted clearly (as in enforceable, good faith, non-fine-print legalese).
I think thats the wrong approach, correct approach would be to have rules to protect the rest of economy from that hedge-fund's possible bad decisions. So yes you should have freedom to lose all your money so long as the risks are highlighted clearly (as in enforceable, good faith, non-fine-print legalese).