interesting thought....Do you agree
https://www.cnbc.com/2020/03/18/bil...p-to-shut-down-us-says-market-would-soar.html
https://www.cnbc.com/2020/03/18/bil...p-to-shut-down-us-says-market-would-soar.html
Investor Bill Ackman advises to shut down the country, saying stock market ‘will soar’
- Thread starter nanama
- Start date
Maybe we could have an epidemiologist weigh in on this?
He probably has lost his marbles. Must be tough watching your billions turn to dust right before your eyes with multiple unforeseeable black swans happening at once. Almost feel bad for him, but then I realized he's a billionaire and his class deserves it. I'm sure it's quite comfy in his air conditioned bunker.
The helicopter money should come with a catch that it can only be spent on necessities. We don't need Bezos and Cook getting a multi-billion dollar windfall on the back of a crisis.
On the other hand, shutting down the country is already happening. 60% of people are employed by the service industry. Wonder how many small businesses won't open back up in 30 days.
The helicopter money should come with a catch that it can only be spent on necessities. We don't need Bezos and Cook getting a multi-billion dollar windfall on the back of a crisis.
On the other hand, shutting down the country is already happening. 60% of people are employed by the service industry. Wonder how many small businesses won't open back up in 30 days.
you got an advance notice on his returns? PSH didnt put out the weekly NAV yet, but as of last week he was up due buying puts in the market
I have info from a couple of people. Graham Capital lost a billion or more due to Wien's OTC short vol. Another trader told me that Pershing was under-hedged.