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Roxton McNeal - Liability-Driven Investing (S4E11)

Flirting with Models

00:00

How Do You Think About the Leverage Provided by Options?

Harley Basement: When there's a blow-up, leverage is often seen at the scene of the crime. How do you think about the leverage provided by options versus other forms of leverage? He says negative convexity is not bad by itself at a price. "There is a price where I will sell an option"

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