The Notice.co 50 Index is the first and only weighted, real-time private market index
Considering that private equity's actual volatility/beta after excluding volatility laundering is far greater than QQQ's beta of 1.1+ (dwarfing even Nvidia's 1.8 beta), and given its actually severe negative alpha, private equity trades are extremely speculative.
And in the last year, QQQ's beta has risen to 1.33 while Nvidia's has been increased to 2.65, with the latter's volatility exceeding 50%. And Mag7 has a beta of 1.69, which is also extremely speculative.
Of course, the extreme likelihood of serious accounting fraud at NVIDIA and possible operating cash flow/earnings/cash holdings fraud at many popular tech stocks just adds to their potential insecurity.
After all, that doesn't stop quantitative stock-picking models from possibly picking them to go long. However, given that hedge funds generally underperform the out-of-sample performance of CORE COMBINATION models or QVGM models, the vast majority of them are just taking smug gambles.
Of course, it is even less likely that they will be able to overcome the wilder VIX and cryptocurrencies (note that Bitcoin is the least volatile cryptocurrency other than stablecoins).
Hedge funds are just not as degen as WSB apes
Considering that almost no one has pointed out the extremely obvious (you even can simply detect its potential problems with the Beneish M-Score) great risk of NVIDIA's books, the vast majority of those people must at least be of very questionable competence given their track records, although that is far from ruling out serious ethical problems with those regards.
For example:
Like a typical China Hustle or SPAC scam (or maybe we could call it Taiwan Hustle to respect Taiwan's independence from mainland China), you can just simply make up any numbers in your financial statements and guidances/forecasts, and the SEC hates this simple trick!!