Category: Uncategorized
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About an hour ago, I posted an article about a Melvin Capital position in GameStop Corp. A very astute reader pointed out to me that the SEC filing on which it relied was from a prior year, so the information was no longer up-to-date. Fortunately, thanks to the reader’s help,…
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Losses betting against meme stocks have hit hedge funds hard this year. The latest data from Barclay Hedge shows year-to-date gains for equity long/short funds of 8.51%. (This is the type of fund that would typically take short positions in stocks.) Meanwhile, the S&P 500 has returned 18%. One of…
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+ AMC, Finance, Gamestop, GME, Hedge funds, Investing, Money, Reddit, Stock Market, Stocks, Wallstreetbets+
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It’s awesome! Sammy “The Bull” Gravano, Gambino crime family underboss turned government witness, released the first episode of his new podcast today. It’s called “Our Thing” and you can see it here. I found it very engaging. The style is spare and fast-paced. The first episode covers the planning of…
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Tremendous 