48. Zed Francis - Will credit markets be tight or illiquid in 2023?
Mutiny Investing Podcast
What Happened to US Pensions?
I'd rather participate in markets that are not 100% manipulated. I don't have any edge there. Like, I know what the fair value is, and it doesn't matter. And then just to bring it back out, because you were my go-to when we started seeing the wonkiness in the guilt markets,. It started to affect LDI, and all of a sudden everybody, you know, learned what LDI meant. But one of the things that you described it on as a bridge loan was a great way of describing it.
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