Keeping it Simple with Simplify Asset Management cover image

Keeping it Simple | Ep. 24: We Don’t Need No Stinkin’ CFOs.

Keeping it Simple with Simplify Asset Management

00:00

The Effect of Long Volatility on Deposits

Silicon Valley Bank had a duration matched portfolio and was told that rates were not going to be hiked. The value of the call option is a function of long volatility and the spread in the underlying, right? Doesn't this beg the question as to the whole forward guidance concept? Mr. Bassman, this is a yes or no question. Come on, answer it. You're leading the horse to wear, Mike. I'm leading you to the slaughter," he said.

Play episode from 17:17
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app