3min chapter

Odd Lots cover image

John Hempton on Greensill, Archegos and What It's Like To Short Right Now

Odd Lots

CHAPTER

What Is It About the Environment That Is Making These Scandals Come to Fruition?

If i knew what it was that turned the environment from unbridled euthoria back to slight realism, i'd be the richest hedge fund manager in the world. We've had a bull market of tretly enormous proportions, with a little ner. The period over last christmas was a period where the redder crowd took complete nonsense to the moon. That all we are seeing at the moment, in some sense, is a few little blow ups. There's going to be a bunch of really stupid stuff out there that blows up. And we're going o think, how the hell will be that stupid? But to be honest, i don't think it only that's barely

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