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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
collegeburner
1146 days ago
thats like summing the value of all written insurance policies, meaningless number
the figure is way lower netted out
link
kyaghmour
1146 days ago
Warren Buffet on derivatives: "financial weapons of mass destruction."
link
tootie
1146 days ago
You can't compare a notional value to assets under management.
link
downvotetruth
1146 days ago
market cap is not assets under management
link
the figure is way lower netted out