February 4th, 2021 at 1:55 AM
I had no idea the hedge fund that fell was the ninth largest in the world, that's craziness, even assuming that hedge funds are very monopolistic. The gulf between the power of the hordes of us normal people and the very wealthy isn't so large after all, especially when you have hundreds of thousands of people all going for one thing
The most interesting thing I saw about this was this, although I must admit I didn't quite understand the explanation (but that I think is because I didn't try thinking it through): https://yudkowsky.medium.com/r-wallstree...b507e4a038
The most interesting thing I saw about this was this, although I must admit I didn't quite understand the explanation (but that I think is because I didn't try thinking it through): https://yudkowsky.medium.com/r-wallstree...b507e4a038