The Mother of All Bull Markets in Treasuries with Alex Gurevich
The ACID Capitalist Podcast
00:00
The Debunking of the Hedge Funds
Banks used to take some proprietary risk, which meant that they've had some trade assets with used banks capital. It is very similar to kind of running internal hedge funds in the banks though the structures and the structures are somewhat different. The regulations about banks risking their capitals have changed.
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