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Mr. Meyer said that its trades were prompted by small pricing anomalies in various markets.
When Mr. Meyer and his team were at Harvard, the endowment was known for making money by betting on small pricing differences between different kinds of securities.
They can short shares, meaning they sell them and buy them back later, with luck at a lower price, so they can make money in falling markets; and they use leverage to profit from small pricing anomalies.
Similar(54)
A small price to pay.
"It's a small price for freedom".
("A small price to pay," Tucker says).
"And a small price to pay".
But this is small price to pay.
It's a small price to pay.
A small price for the hub of our community.
Interestingly enough, I find that a small price to pay.
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