3min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E28: Current state of public & private markets, Archegos debacle, US debt issues, wealth tax & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What Is an Equity Swap?

Julian is famous for having em attracted an incredible rostra of people to work for him. One of thes got one of these guys was this guye bill hwang, who ran asia pack for tiger. He leaves, he starts his own fund, and somewhere in two thousand 11, he gets pinched a by the feds for insider trading some chinese bank stocks. And so now he's a family office. Then he takes however much money he had, and he runs it up to somewhere between five and ten billion dollars. So this is a guy who managed to just hit the ball out of the park.

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