
90 - Offense wins Games. Defense wins Championships w/ Jason Buck
The Trade Busters
The Importance of Transparency in Capital Efficiency
The CTA's in the 60s and 70s are known as swashbuckling pirates. These guys were running like 40 to 80 vol. Now all the capital allocators go, they want less than 10 vol. And because it's just like, it's saving their seat, right? Like it's a CYA to cover, you know, cover your ass for their job is if they have less than a 10 vol,. But they just don't understand capital efficiency. They do not understand at all.
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