Amelia Pollard

Pension funds and endowments also don't need to worry as much about liquidity.

So they go in eyes wide open to what these investment strategies are, which is that they know that they use leverage.

They know the risk involved.

Some of the wealth advisors I spoke to raised the concern that some rich Americans are not totally cognizant of what they're investing in.

And even though, you know, there are plenty of disclosures about that.

This not being guaranteed returns, you know, there always being a risk of loss.

They might not fully appreciate, you know, what leverage and short selling could mean for their investments or capital.