Feb 1st, 2021

Elm Funds Founder Sees No Systemic Risk in Short Squeeze

Some of Wall Street's biggest hedge funds are licking their wounds after last week's short squeeze, with losses drawing comparisons with the collapse of Long Term Capital Management twenty years ago. One of LTCM's founding partners, Victor Haghani, now founder and CIO at Elm Funds, says there was no systemic risk from the Reddit-lead short squeeze. He speaks on "Bloomberg Markets." (Source: Bloomberg)