Hmm. Millenium and Citadel are down Q1. Many hedge funds are not at all hedged, ... | Hacker News

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rich_sasha on April 5, 2025 | parent | context | favorite | on: Dow plunges 2,200 points, Nasdaq enters bear marke...

Hmm. Millenium and Citadel are down Q1. Many hedge funds are not at all hedged, in fact many (most?) are long only these days. And even then, the uncorrelation to markets is a bit tenuous.

But glad things are going well for you in your universe.

ZeroTalent on April 5, 2025 [–]

Please reread my comment, slowly.

And perhaps Google about hedge funds a bit to understand how they make money. Of course most are down now...

The whole point is not all hedge funds are supposed to outperform SPY, hence the name "hedge." They make money on fees.

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