Economist Michael Pettis said hedge fund compensation is not necessarily linked to employee productivity or broader economic value. Drawing on his experience as a former Wall Street trader, he said he remains unconvinced the sector’s high pay is justified.
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Economist Michael Pettis said hedge fund compensation is not necessarily linked to employee productivity or broader economic value. Drawing on his experience as a former Wall Street trader, he said he remains unconvinced the sector’s high pay is justified.
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I sold the $META $655 Puts 9/25 for $7.60
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