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#159 – Richard Craib: WallStreetBets, Numerai, and the Future of Stock Trading
Lex Fridman Podcast
Hedge Fund Deleveraging
"You wouldn't have needed very many more days of that kind of chaos to hurt hedge funds," he says. "If you could have had a few more days of GameStop doubling, AMC doubling, you would have had more and more hedge fund deleveraging" But do you have a sense that they do some good for the world? "I don't think you want to rerun American economic history without hedge funds."
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