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Due Diligence Daisy Chains [FTX] S03:E12

Pirates of Finance

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I Love You Coming More and More Over to My Dark Side Everyday

Veneer: The more I come around to like your dark side, the more this show just becomes we really have nothing to say. Veneer said at one point they had a positive carry hedge when he shorted German boons at 103 right with par being 100. If you put that short on right shorts are inherently a lever trade. And so anytime you have leverage you create a path dependent risk.

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