4min chapter

The Compound and Friends cover image

Once Upon a Time in Boston

The Compound and Friends

CHAPTER

Are Total Return Swaps on Individual Stocks Good for Public Confidence?

The economy is is pretty strong. And when you look at the consumer confidence, date i write, a lot of people like to point out that it's the lowest in so many years based on inflation expectations. If we had ten arcegos a running around, instead of one, it could be made off. We don't find out about these things until the bear market. They they don't reveal themselves, and they're never nipped in the bud.

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