What's so hilarious about this problem is that Harvard business school's professors will one day teach their own universities mismanagement in their classes...
It has been widely speculated that there is an ‘everything short’ - and it would make a lot of sense for the large endowments to be wrapped up in it for a number of reasons.
To be clear this is speculation; if it’s a bad derivative portfolio, they’ll start begging the CFTC for exemptions like UBS is.
Birds of a feather; the people running the hedge funds and family firms came from these schools, and they have these positions. (3arrows capital, point72, citadel to name a few).
If you are in a position to not only see the destruction of a company or state, it makes sense to bet against that entity. If you are in a position to accelerate the demise by destroying meritocracy, it makes sense to bet big.
These kinds of positions are likely underwater badly today, or are stressed to the point of existential threat. Creating liquidity from a crowded, and unpopular position could turn a 50Bn trust into a -5Bn trust; swaps and naked shorts have infinite downside risk if not “hedged”.
Very true but.....
...... if they are -5Bn today in naked shorts today they could very well me -500Bn in a matter of weeks & minus infinity before too long. Of course, minus infinity doesn't exist but it means that, not only they but their brokerage house go belly up & are forced to sell everything they got, desks, chairs & so on.....
That's an awfully nice way to clean up the swamp. Turn their own lust for demise on themselves. They never even thought about that scenario, just like they never thought she would lose. If any of you want anything from Harvard or any of these other demonic intuitions they will be going cheap soon. IDK why anyone would want them, though. All those old wooden desks would make a nice bonfire though. Someone else posted about roasting marshmallows..
They went from teaching competitive advantages to diversity is a strength. No sane company would pick lesser skilled workers because that would hurt your products and services. That's how much of a clown world that we live in.
What's so hilarious about this problem is that Harvard business school's professors will one day teach their own universities mismanagement in their classes...
https://x.com/AskPerplexity/status/1913737065864245275
It has been widely speculated that there is an ‘everything short’ - and it would make a lot of sense for the large endowments to be wrapped up in it for a number of reasons.
To be clear this is speculation; if it’s a bad derivative portfolio, they’ll start begging the CFTC for exemptions like UBS is.
You find out who is swimming naked when the tide goes out.
Very true but..... ...... if they are -5Bn today in naked shorts today they could very well me -500Bn in a matter of weeks & minus infinity before too long. Of course, minus infinity doesn't exist but it means that, not only they but their brokerage house go belly up & are forced to sell everything they got, desks, chairs & so on.....
That's an awfully nice way to clean up the swamp. Turn their own lust for demise on themselves. They never even thought about that scenario, just like they never thought she would lose. If any of you want anything from Harvard or any of these other demonic intuitions they will be going cheap soon. IDK why anyone would want them, though. All those old wooden desks would make a nice bonfire though. Someone else posted about roasting marshmallows..
They went from teaching competitive advantages to diversity is a strength. No sane company would pick lesser skilled workers because that would hurt your products and services. That's how much of a clown world that we live in.
Honk honk!🤡🌏
Agreed.