01-28-2021, 10:23 PM
hal wrote:
Everyone loves seeing a hedge fund go under, but what if it's a pension fund that goes under next - YOUR pension fund?
Large groups dictating the market is bad - you can whatabout it all you like, but I still content that investment mobs should be illegal.
I do not want my pension fund putting money in ANY hedge fund.
Your statement has at its root a false equivalency. These hedge fund managers have been able to manipulate the stock market for 150 years.
Please listen to the podcast link I posted. Hedge fund managers make big bets, take the money when it works, then spreads the risk to ALL OF US when they lose. That is wrong.
At least these smaller bets, times 1000, if they were to fail they would not have to be bailed out by the government.
I encourage you to learn more.