lukestein’s avatarlukestein’s Twitter Archive—№ 6,908

  1. They’re called 𝗵𝗲𝗱𝗴𝗲 funds for a reason
    1. …in reply to @lukestein
      Smart people in my DM reminding me that it’s not as if hedgies are all market-neutral long–shorts. I know! I’m not expert in this literature, so: Is there really a serious argument that average/aggregate/whatever, hedge funds are beta > 1? Happy to update if my priors are wrong.
      1. …in reply to @lukestein
        Also… maybe the hedge funds are actually down more than they’re letting on?
        oh my god twitter doesn’t include alt text from images in their API