@choffstein Think you could frame it similarly as selling a 1 year bill and buying a 1 yr coupon, no? the market prices the timing of cash flows always - shouldn’t be any arbitrage there. So in theory this is a negative carry trade that is “delta neutral” but not really.
@Bkclaims Relatively unsurprising coming from Chamath. Also feels a bit copeish to continue to focus on beating buffet instead of, you know, just doing it yourself and letting your track record speak for itself.
@josephwang Ehhhh Idk, respectfully, feels like the brush is broad as hell here Joe. I do think bucketing everyone as con vs lib is a symptom of major group think bias in general though, so maybe you have a point.