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E28: Current state of public & private markets, Archegos debacle, US debt issues, wealth tax & more
All-In with Chamath, Jason, Sacks & Friedberg
Managing Year to Date Risk in a Hedge Fund
Sax: Depending on who you are, risk is aged really differently. There's what's called inception to date risk, and then there's year to date risk. If you're a hedge fund, you're really in the year to date business," he says. "That's what causes these massive swings and all this malays in the market" He adds that while we're seeing retreat in chamat's part of the world, some more guard rails may be needed for companies going public.
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