AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
48. Zed Francis - Will credit markets be tight or illiquid in 2023?
Mutiny Investing Podcast
The Bank of England - What's the Problem, Guys?
AOM's error was not having a liquid portfolio, but an investment strategy in terms of the ability to hedge out those liabilities. It was getting greedy and turning your portfolio from fully liquid to something that's less liquid. And then they started going into privates and infrastructure and things that have truly no instantaneous liquidity,. So that became their problem in August and September of last year.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode