It's time to welcome back Chris DeMuth for his monthly state of the markets. For this October 2023 edition, Chris provides his take on problems and opportunities in biotech, tax loss selling, closed-end funds, big spread arbitrage, Albertson's / Kroger merger case and predictions for upcoming Liberty Day.
For more information about Rangeley Capital, please visit: http://www.rangeleycapital.com/
Chapters:
[0:00] Introduction + Episode sponsor: Stream by Alphasense
[1:22] What is on Chris' mind this month: merger arb, closed-end fund, failed biotech, Liberty Day
[3:42] How Chris is thinking about biotech companies right now
[6:24] Problems in biotech, but is there opportunities?
[10:36] Closed-end funds
[14:04] Big spread arbitrage
[22:10] Albertson's / Kroger merger case
[33:15] Predictions for Liberty Day
Today's episode is sponsored by: Alphasense
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