Investing in Long Term Capital Management

I think it's important, a at the cross roads of liquidity, right? And not just in general, as a market maker. But importantly, a watching something like long term capital management and foll or understanding that if i 20 % o the money put that was trading five dollars a year out, i can then go to 500 ollars with only a six, seven, eight, nine% for it. I'm sti, i think that's the the beginning. It didn't matter what fundamentals were. It mattered how many buyers are there and how many sellers are there. That cind of that rubber, where the rubber meets the road,. i think really started there.

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app