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As the story goes, Lynch was literally caught on the course, and for the next several hours called in his sell orders to the trading desk.
I suspect that much the same thing is happening right now. Although it's easy in this era of instant communication. Still, the managers of large funds, are no doubt being called upon to liquidate and meet today's redemptions.
By David Reavill5
44 ratings
As the story goes, Lynch was literally caught on the course, and for the next several hours called in his sell orders to the trading desk.
I suspect that much the same thing is happening right now. Although it's easy in this era of instant communication. Still, the managers of large funds, are no doubt being called upon to liquidate and meet today's redemptions.