2024 Presidential Election
Yesterday
262
Canceling debt isn’t inflationary or costing tax payers
World Conflicts
11h
950
Why do Indians support Israel so much( on blind surprisingly) when Israel really thinks 💩of them ?
Personal Finance
Yesterday
710
Biden wants to raise capital gains tax to 40%
Tech Industry
Yesterday
2580
Do people underestimate E6 role at meta?
Tech Industry
2d
10084
What happens when most of your team is Indian?
Would companies like Citadel, Two Sigma, or Jump Trading do well during this market 📈📈? Would they layoff people? I have an offer from one of the companies. Current TC: 270k #Citadel #Twosigma #Recession
they short stuff so some should be doin good
Nothing is safe during a recession
bump, curious about this
Hedge funds thrive in volatility. They are not tied to market price. As long as the market is moving, they make money, and the more it moves, the more they make. HFT are pulling in fucktons of $$ right now. Engineers that get a portion of PnL this year will be rolling in it. Their TC makes our FAANG/big tech TC look like 🥜. Source: interviewed at a hedge fund, asked these questions. They were offering 870k/4 YoE. Didn't make it :(
When the recession actually comes, the liquidity drain will make the volatility low, so it might not be good for them in the near future.
A lot of them trade commodities, crypto and currencies as well. Good funds are like cockroaches some how always finding food and surviving
Hedge funds perform poorly in any market.
That’s because they hedge away their gainzz
Whether the market goes up or down, there’s always an opp to make money
There are also ways to lose money 😅
Citadel’s up 13% this year
Rentec is not doing well — which is unusual for them
Hedge funds layoff entire teams when shit hits the fan