Reported 2 days ago
Steve Diggle, a former hedge fund manager who profited $3 billion during the 2008 financial crisis, is re-entering market volatility trading, seeking up to $250 million for a new hedge fund. With significant market instability reminiscent of 2008, Diggle aims to utilize artificial intelligence to identify high-risk companies and capitalize on both market crashes and steady periods. He highlights potential risks from overstretched stock valuations and geopolitical tensions, urging investors to reevaluate their hedging strategies.
Source: YAHOO