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Do we have a final number for Melvin Capital's losses on $GME? And if so, is it time to add them to the Wikipedia honor roll of Largest Trading Losses Of All Time?
I'd peg them at #6, above Pershing/Valeant but below LTCM (inflation-adjusted)https://en.wikipedia.org/wiki/List_of_trading_losses …
Total losses $4.5B but not solely concentrated in GME, it includes their BBBY position and others I imaginehttps://www.ft.com/content/fa74a7c6-bcb0-469e-8b76-c5dfc04b9564 …
I think it still counts. The LTCM number’s counting all their losses across all their strategies, so I reckon we can treat Melvin the same way. BRB editing wiki
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