Laws forbade publishing exit pools until 10pm, so hedge funds conducted their own research independently to have better information.
That's kind of how it is supposed to work.
Bad laws/regulations preventing accurate information dissemination lead to financial incentives for those with the most accurate/up-to-date data.
I know HN isn't the most Hedge Fund friendly forum, but surely there's an appreciation here for these funds' efficiency and ability to seize opportunity.
Laws forbade publishing exit pools until 10pm, so hedge funds conducted their own research independently to have better information.
That's kind of how it is supposed to work.
Bad laws/regulations preventing accurate information dissemination lead to financial incentives for those with the most accurate/up-to-date data.
I know HN isn't the most Hedge Fund friendly forum, but surely there's an appreciation here for these funds' efficiency and ability to seize opportunity.