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Defensive hedge bets on the futures market are nothing new. Every pension fund in the country should be built on hedged futures, that way the pension stays funded whether the economy does either well or poorly.
And you'll notice in the article that the "windfall" offset losses and the fund group's overall position is up 7.9% for the month.
Why is it that every time a free market capitalist makes money, it's "evil?"
Actually they gained wealth. It's not money until someone cashes out.
I saw where things were headed and adjusted my portfolio accordingly. I'm down some for the year but a lot less than if I had not made any changes.
Tucker covered this evil {{{sleezebag}}} last night. He knowingly lied and then turned around and took advantage of his lies to the tune of "earning" billions in a single day. Absolutely a horrible human being. Send him to the gallows!!
I don't understand why you are angry at someone trading options. He could have easily been burned the other way. Option trading is very risky and not for the faint of heart.
Who cares if he makes more money on options? That "option" is open to you as well.
I don't understand why you are angry at someone trading options. He could have easily been burned the other way. Option trading is very risky and not for the faint of heart.
Which I point out in the math of a $2.6 billion profit resulting in being up 7.8%, which means he was more than $2 billion down across the rest of the fund until that "windfall" paid off.
And uhm, hello...the "fund" represents tons of investors, as in normal folks trusting this dude with their money. And as a good fund manager, he is making money for his clients, or at least offsetting their losses in a really bad time. The guy should be getting awards, not derision.
Tucker covered this evil {{{sleezebag}}} last night. He knowingly lied and then turned around and took advantage of his lies to the tune of "earning" billions in a single day. Absolutely a horrible human being. Send him to the gallows!!
Good luck to him.
I'm making money out of the crisis markets although compared to Mr Ackman it probably wouldn't keep him in paperclips for the day.
Greed really is good.
Wait, in some of the other threads hear, Trump hasn't done enough and tried to downplay the pandemic.
So which is it ? He did too much and caused a panic or didn't do enough and caused panic ?
The poster you responded to has a fanatical hate of Trump, anything he does will be wrong no matter what. In this case, Trump is pretty much relaying what medical experts are saying, and the poster is criticizing him for it, and is criticizing Trump for what local governments are doing.
Yet on other threads, this poster criticizes Trump for not listening to experts, for example regarding climate change.
The poster you responded to has a fanatical hate of Trump, anything he does will be wrong no matter what. In this case, Trump is pretty much relaying what medical experts are saying, and the poster is criticizing him for it, and is criticizing Trump for what local governments are doing.
Yet on other threads, this poster criticizes Trump for not listening to experts, for example regarding climate change.
I'm seeing plenty of that going around on this site through this. While I think Trump needs to take a back seat on the podium and just let the experts talk I fail to see how he is responsible for deaths as some posters have said.
Fake News are far more at fault than anything Trump has done.
Does airing Trump's daily presser make it fake?
Did Trump shut down the economy and ask the taxpayer for $6 trillion based on fake news?
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Sure. Whatever gets you through the night. 
