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Traditional Catholic Faith => The Greater Depression - Chapter I => Topic started by: RomanCatholic1953 on February 23, 2021, 08:00:03 PM

Title: 25 Hedge Fund Managers Made $32 Billion in Pandemic
Post by: RomanCatholic1953 on February 23, 2021, 08:00:03 PM

Economy
25 Hedge Fund Managers Made $32 Billion in Pandemic (https://www.breitbart.com/economy/2021/02/22/25-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 (https://www.institutionalinvestor.com/article/b1qmsgpxhz0lpt/The-20th-Annual-Rich-List-the-Definitive-Ranking-of-What-Hedge-Fund-Managers-Earned-in-2020). 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

Title: Re: 25 Hedge Fund Managers Made $32 Billion in Pandemic
Post by: Tallinn Trad on February 23, 2021, 11:54:58 PM

How many billions were lost on the game stop short squeeze?