3min chapter

The Compound and Friends cover image

Chasing the Bond King

The Compound and Friends

CHAPTER

Howie Pemko and the Rise of Bond Trading

Bond trading originates on the West Coast, not on Wall Street. Nobody thought that there was alpha available in bonds until was it Pemko in those early days? It was part of it was a shell with impact mutual. He came to dominate that fairly quickly or not necessarily. But he got lucky because he had the tail window falling rates and starting right.

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