THE RACE TO 0% (EP.4)
The Rational Reminder Podcast
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What Is Se Landing?
Short sellers borrow from you, pay you a rent, fully collateralized rent. So there's very minimal risk to the unit holders of the fidelity fund. It is very common in the industry to generate seck landing fees by lending out these shares to hedge funds. The interesting thing about feeds going to zero, i think, is that it doesn't realy matter. Weu've already dropped 95 % of the old fees anyways.
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