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Keeping it Simple on the Road | Ep. 3: 2020 From A Position of Strength

Keeping it Simple with Simplify Asset Management

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The Valtmgeddn Story - The Global Financial Crisis

In my analysis, the fete actually caused those events. There was an oversight that existed posed o the global financial crisis. The ccar provisions had a very different risk perameter for being long equities versus being short. If you can express this long equity trade as a short val vall position, which, again, smart banks can figure out how to do this in a variety of ways, synthetically, then you have a much lower capital requirement. And so there was this arbitrage that effectively manifested itself in subsidize short vall. Now there does not ther they're not. Increasingly, there are structural hedgers that are involved in markets. But that changes the market

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