Financials have been a popular hedge fund investment since distressed debt became the investment en vogue back in 2009.
And boy! Did they pay off in 2009.
But each one of these managers stayed invested in financials last quarter (according to their 13F filings)...
And if they're are still in financials now, they're getting hammered.
Dan Loeb
Image: screen grab from 1440wallsteet.com
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Goldman says this selloff is a chance to buy, and huge gains are coming. Do you trust them?
Employment is better than it looks... but inflation is dead so the Fed won't do bupkis.
Contrarians may have had a field day betting on the euro, but currency woes are far from over.
It's official, the Chinese have got the gold bug now.
Sorry, fellow. One In ten current borrowers will lose his home to the bank.
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