@JonMarshall@spectatorindex Hold for another 20 years if you’re so bullish - saved by the government to serve as a hedge in the chip Mfg. space but they make a product 3 years behind the leading companies. With time they’ll find themselves back where they were, one foot in the grave
When Ghalibaf drops Bloomberg Terminal commands like EUCRBRDT Index GP <GO>, he’s signaling that Tehran has successfully mapped the latency between physical maritime control and paper market execution. That $760 million short wasn't a guess; it was an Arbitraged Geopolitical Event.
A wrong belief that price discovery happens on your screen. The reality? Discovery happens in the Strait, and by the time it hits your terminal, the "Ghost" operators have already used your buy-side depth as their liquidity exit.
the Bloomberg Terminal is just a scoreboard for those who already know the final score.