N is really into the GameStop story, so we watch every movie and documentary about it. As a result, for our romantic day, we went to watch the new feature Dumb Money. I didn’t expect to enjoy it because there’s only that many times a lady can discuss a short squeeze versus a Delta squeeze without withering but it was a very enjoyable movie.
As usual, N and I sided with the different adversary in the conflict. We met in 2007, right before the Lehman Brothers news hit, and have spent our entire relationship arguing about hedge funds versus the people. It’s become a favorite family pastime.
“You have a class hatred of hedge fund managers!” he exclaims every time with fresh surprise.
It’s a good movie, plus Vincent D’Onofrio makes a couple of short appearances. Of course, the story was massaged into a weird happy ending but that’s American movies.
Clarissa's Blog 
D’Onofrio is a famous actor?
(tries to rearrange priors, fails)
Nope. D’Onofrio will always be helado purchased out of a yellow tricycle and advertised by the happy Peruvian sun.
https://maskusplanet.com/general/helados-donofrio-tiro-por-culata/
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He was in Law and Order: Criminal Intent. He’s insanely talented but he got very sick, gained a ton of weight and dropped out of acting for a while.
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I think the importance of hedge funds is overstated. They mostly gamble with rich people’s money. Clearly, their behavior needs to be regulated, but they only own about 5% of the market.
The largest class of investors are pension funds who manage the life saving of the middle and especially upper middle class. This is likely why companies pay so much attention to upper middle class issues like diversity and sustainability.
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