@given2tweet Probably one of the better recent examples of the impact of mkt neutral risk models driving very short term price action. Forced to de-risk to stay alive and avoid your drawdown limits.
@junkbondanalyst Halbower LPs sign up for concentrated volatility, and his returns are probably some of the best in arb/event. Scummy yes, but seemingly not illegal.
@hitsamty A single geography single asset class public equity should not be a public equity. Need BX to purchase and dismantle to realize NAV ala their Equity Office take-private.
@CafecitoKapital@blueprintsmb22 Been hearing some absurd guarantees being thrown around in sales, salestrading, desk analyst seats on the sell-side. When you hear about cash equity salestraders being guaranteed >$1.5m you would be foolish not to consider
@arbanaut@ACapitalLP@HyperliquidX Do we think Charlie plans to liquidate the SATS entity or is there a risk he uses his “Capital Co” to invest in other ventures? That feels like the biggest unknown. Would expect fast money to use SATS as a source of funds to buy SPCX days after IPO.