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by sjwalter 1934 days ago
If you believe WSB is "taking down" hedgefunds instead of "being played like a fiddle" by them, you should probably take a second look.
1 comments

Could you give an example?

Market making firms have done really well due to wsb and the increase of retail volumes but it's unclear to me that hedge funds have benefited in any material way.

Not the OP, but check out the below examples. Beneficiaries across the range, from fundamental equity funds, quant funds, and distressed funds. The retail guys weren't just buying shares from themselves and market makers.

https://www.wsj.com/articles/this-hedge-fund-made-700-millio...

https://www.washingtonpost.com/business/2021/02/08/gamestop-...

https://www.reuters.com/article/us-amc-ent-holdg-silver-lake...