Author Topic: 25 Hedge Fund Managers Made $32 Billion in Pandemic  (Read 153 times)

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Offline RomanCatholic1953

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25 Hedge Fund Managers Made $32 Billion in Pandemic
« on: February 23, 2021, 08:00:03 PM »
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    25 Hedge Fund Managers Made $32 Billion in Pandemic
    • The year the pandemic threw tens of millions of Americans out of work was extraordinarily good for the bank accounts of the wealthiest hedge fund managers.
    • The top 25 hedge fund bosses made $32 billion, according to Institutional Investor’s annual Rich List. The list was published Monday.
    • The top earner was Izzy Englander of Millennium Management, who took home an estimated $3.8 billion in 2020. His flagship fund achieved a 26 percent return. The prior year he was number six on the list with $750 million and the year before that he was in fifth place at $975 million.
    • There were far more billion-dollar hedge fund paydays than in years past. This year all of the top ten made over $1 billion, The 10th place spot taken by Bill Ackman, whose Pershing Square Management earned a 70 percent return and who was paid an estimated $1.4 billion.
    •  Notice that two of the top ten under performed the broader market.
    Source: breitbart.com

    Offline Tallinn Trad

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    Re: 25 Hedge Fund Managers Made $32 Billion in Pandemic
    « Reply #1 on: February 23, 2021, 11:54:58 PM »
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  • How many billions were lost on the game stop short squeeze? 


     

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