
A Detailed Look at the "Night Effect" with Bruce Lavine
Excess Returns
00:00
Can You Capture the Night Effect?
There's a night effect and the question is can you capture it. Many of them said he could not fully, but partially. We lean into areas where you had large liquid futures contracts and the ability to transfer very inexpensive lease. That was really important to us in our ability to capture it. The big challenge has been just the night itself has moved around a lot versus the day since we launched.
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