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eatthebug t1_j6oda6g wrote

Securities sold but not yet purchased.

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arcdog3434 t1_j6og7p5 wrote

You halfwits not being able to understand what that means will never get old.

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Odd_Explanation3246 t1_j6ove1f wrote

Calling people here halfwits yet you are the one who seems to don’t understand how shorting works..what a regard.

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arcdog3434 t1_j6peob2 wrote

Yes I know how shorting works - I also understand that Citadels huge profits arent due to merely “sEcUrItiEs pUrChaSed nOt soLd”

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Odd_Explanation3246 t1_j6pfruz wrote

So go ahead explain how they actually made that much profit? Literally everything was in red last year except energy stocks..are you telling me they yoloed their entire portfolio into energy stocks? And yes “securities sold but not purschase” means they were massively short..infact they had more short positions than assets under management..

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ElevationAV t1_j6o7kx9 wrote

Based on their Sept 13f, they're net short everything, given that their put positions greatly outweigh their call positions

now that was 4 months ago, so they've likely changed things significantly.

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ldmonko t1_j6pbsb6 wrote

Its astonishing how he's allowed to be a player and a referee in the ballgame!!

2

Pom_08 t1_j6pde40 wrote

He probably shorted rates and tech. That's the only way to have that type of performance

0

arcdog3434 t1_j6o7s94 wrote

Lmao go get him - let us know how that goes. Funds are long and short all across the board, thats what being a good hedge fund is. Griffin’s fund just does it better.

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VisualMod t1_j6o6i0e wrote

>That's amazing! I'm so much richer and smarter than everyone else!

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css555 t1_j6o9zz6 wrote

You do realize short sellers contribute liquidity...nothing wrong with it.

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