But these players have also been selling bonds and getting more cautious after their bets went wrong.
The bet on a rising dollar against the yen also went bad.
If the bets go wrong, they can lose big.
Both bets went wrong for essentially the same reason.
If he fails, his bet goes into the pool.
I'm not the guy to beef just because one bet goes sour.
They also both borrowed more money than they should have, and got into trouble when their bets went wrong.
Odds were whispered and the bets went on, with much of the crowd taking a slice.
But big bets can also go the other way.
The bet went sour, and there was little chance that the fund's performance could have been salvaged this year.