Some Hedge Funds really taking it

Bogan, my point is if they were long only, they should have been in cash. They run $3 billion, and don't know we are in a downtrend?

Freddie & Fannie were shorts, and funds saying buy need to pay for better research, or learn how to flip burgers.
 
Quote from spidey:

Bogan, my point is if they were long only, they should have been in cash. They run $3 billion, and don't know we are in a downtrend?

Freddie & Fannie were shorts, and funds saying buy need to pay for better research, or learn how to flip burgers.
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Dude my point isnt what one hedge fund trader did or didnt do i dont really care (I am sure all your trades have been winners) it more about the potential structural flaw within the industry that appears to be building up and the potential effect on asset allocation if they did unravel to any degree
 
Quote from Bogan7:

Man here we go again I was having dinner with mate who runs a big US trading desk last night when he got a call from a broker telling him a hedgefund he deals with had lost 900 mill out of his 3 bill in the last month. No more than 5 mins had past when a diff guy calls and says another fund (actually feel sorry for him as he is a good guy) had dropped 500 mill out of its 2.5 bill in the June. It is getting scary in this space as well, redemeptions could really make this space interesting the only prob is where do you put your cash?
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the bottom is near
 
Quote from spidey:

Freddie & Fannie were shorts, and funds saying buy need to pay for better research, or learn how to flip burgers.
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they were telling readers of fortune to buy - which is what fortune is for. fund advertisements and salesmen talking their books to retirees. it's cnbc on paper.
 
Structural flaw?

The only flaw is that we let these hoodlums run wild , with no oversight.

Send them back to scalping tickets and selling hot dogs where they came from.

There's no excuse to be losing money at this stage, unless you are just taking stabs.
 
That is why I manage my money and my investments. I am too paranoid to trust some suit to look out for my best interests. The house rake always takes, even in a bust those suits always take the rake fee. The players, well they go home with nothing but a handshake and a kick in the balls.

Hogs get slaughtered. The writing was on the wall, when illegal immigrants,the dead,mentally retarded,anyone willing to mark the X on a mortgage form to buy an overpriced (500K or more) cardboard McMansion built with illegal immigrants in BFE, I knew the writing was on the wall. And I aint no fancy MBA with a fancy degree.
 
Quote from KINGOFSHORTS:

anyone willing to mark the X on a mortgage form to buy an overpriced (500K or more) cardboard McMansion
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You got that right! f*ck!n cardboard houses worth a 1/2 a million....:confused: :confused: :confused:
 
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