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gniv
on Sept 5, 2019
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Why Index Funds Are Like Subprime CDOs
The keyword there is "help". They use derivatives to handle the daily fund flows. They should be a tiny percentage of the whole fund value.
SnorkelTan
on Sept 5, 2019
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You only find out who's swimming naked when the tide goes out.
blacksqr
on Sept 5, 2019
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Burry's point is, whatever the percentage of leverage, it's reaching levels that are dangerous for the larger economy.
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