News for hackers. Stuff that matters.

A comment on Tether Required Recapitalization in May 2022. Parent comment

Re:Tether Required Recapitalization in May 2022 by ceeplusplus on Friday May 20, 2022 @03:28PM (#31451540)
Speculating on futures and other derivatives is basically what those rich guy's sons are doing in their hedge funds. Most hedge funds get worse returns than the S&P 500.
[ Parent | on HN ]
Re:Tether Required Recapitalization in May 2022 by jtbayly on Friday May 20, 2022 @04:14PM (#31452006)
So... then let them? If they're losing money compared to what they could by doing nothing, I don't see the problem.
[ Parent | on HN ]
Re:Tether Required Recapitalization in May 2022 by scatters on Friday May 20, 2022 @05:28PM (#31452731)
Getting worse returns than the S&P 500 is still valuable, if those returns are uncorrelated.
[ Parent | on HN ]