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by downvotetruth 1146 days ago
fix the market? sir, this is a casino. $40 B market cap is chump change in the quadrillions derivatives market https://twitter.com/gaborgurbacs/status/1637522483476680710?...
3 comments

thats like summing the value of all written insurance policies, meaningless number

the figure is way lower netted out

Warren Buffet on derivatives: "financial weapons of mass destruction."
You can't compare a notional value to assets under management.
market cap is not assets under management