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by joschmo 2138 days ago
My first thought was that this couldn't possibly be hedge funds reaping the gains of a Republican government because the hedge business is doing pretty miserably. How could their funds be collapsing and still be insider traders?

But thinking about it further, there is still a category of hedge funds at the absolute top like Lone Pine, Viking, and D1 that are doing exceptionally well. D1 is newer but the others continue to defy the odds year after year while their peers collapse.

And I could probably name 20 funds in total like that. So maybe fewer funds are participating but they are doing it better?

1 comments

>My first thought was that this couldn't possibly be hedge funds reaping the gains of a Republican government because the hedge business is doing pretty miserably.

This isn't "hedge funds", it is quite clearly executives at companies. The SEC has deemed high-profile execs untouchable.