Hedge funds blowing up is not necessarily a good thing.
Blowing up (((hedge funds))) that are running 140% naked shorts on companies is a good thing. Even AMC which was 60% shorted, is a good thing.
These people are destroyers, not builders. Yesterday one of them was kvetching about how he dedicated his life to learning investing, read
The Intelligent Investor when he was just a kid, and all that, only to get liquidated by a bunch of amateurs manipulating the market. How can a Jew like that be an asset to our economy if he can’t even follow the most basic principle laid out in the book he claims is his foundation?
