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What's Your Investing Thesis?

Motley Fool Money

The Market Was Mispricing Risk of All Kinds

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The market was massively mispricing risk of all kinds, he says. He bought the equivalent of an insurance policy for $27 million in upfront costs that was worth $2 billion. People were sitting on mountains of savings and they wanted to spend it,. So we put on an interest rate position, it was a little early in early 2021, that ended up being incredibly lucrative.

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