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d_silin
83 days ago
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Citadel Buys Situational Awareness's Stock Portfol...
Reminds me of LTCM fund story (very smart people X highly leveraged portfolio = a perfect recipe for massive losses on black swan day)
vzcx
83 days ago
[–]
LTCM was actually a lot more sophisticated, this fund's thesis was basically "number go up."
Count the OOMs!
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