arcdog3434 t1_j6og7p5 wrote
Reply to comment by eatthebug in Ken Griffin's Citadel raked in $16 billion in 2022, marking the best year for any hedge fund - What are some of his short positions? by Dazzling-Cicada-2172
You halfwits not being able to understand what that means will never get old.
eatthebug t1_j6oh98f wrote
enlighten me
Odd_Explanation3246 t1_j6ove1f wrote
Calling people here halfwits yet you are the one who seems to don’t understand how shorting works..what a regard.
arcdog3434 t1_j6peob2 wrote
Yes I know how shorting works - I also understand that Citadels huge profits arent due to merely “sEcUrItiEs pUrChaSed nOt soLd”
Odd_Explanation3246 t1_j6pfruz wrote
So go ahead explain how they actually made that much profit? Literally everything was in red last year except energy stocks..are you telling me they yoloed their entire portfolio into energy stocks? And yes “securities sold but not purschase” means they were massively short..infact they had more short positions than assets under management..
WestTexasCrude t1_j6phn09 wrote
Because they were hedged with lots of shorts?
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