Dan Westervelt

On an investment team allocating to absolute return strategies across the liquidity spectrum. Previously family office for legendary investor. Views are my own.

[Dan Westervelt @DanWestervelt]

@UltraLinx This is what Spritz was doing ~10 years ago

[Federal Reserve @federalreserve]

Video message from Federal Reserve Chair Jerome H. Powell: https://t.co/5dfrkByGyX

[Dan Westervelt @DanWestervelt]

@obsidiancap1 @S_curvecap Amen.

[Dan Westervelt @DanWestervelt]

@deanwball @oaktoebark Will give this a read, thanks!

[Dan Westervelt @DanWestervelt]

@amphichrome_ @vividvoid +1

[Dan Westervelt @DanWestervelt]

@amphichrome_ #1 contributor to disintegrating attention spans across all generations IMO

[Dan Westervelt @DanWestervelt]

@salr_nyc Unsurprisingly the same who seeks to explain a “market microstructure breakdown” in crypto as “the day that changed everything”

[Dan Westervelt @DanWestervelt]

@WorksInProgMag it’s beautiful. Bravo!

[Dan Westervelt @DanWestervelt]

@endowment_eddie Amen

[Dan Westervelt @DanWestervelt]

@endowment_eddie 100%. If you go back even further to the origin story of those 1-3 relationships— how strong was the initial connection of the leads at both the firm and the allocator? What was the allocator’s size and liquidity at the time? These dimensions determine a lot many years later.

[Dan Westervelt @DanWestervelt]

@Giuliano_Mana It’s a great one! Enjoy it. I’ve chatted with the author about it and it’s astonishing how much work went into it.

[Dan Westervelt @DanWestervelt]

@skhetpal This is objectively wrong, as there is a material PE allocation.

[Dan Westervelt @DanWestervelt]

@ContrarianCurse Sorry to hear and happy to chat sometime

[Dan Westervelt @DanWestervelt]

@AriDavidPaul This is awesome, congratulations!

[Dan Westervelt @DanWestervelt]

@the_P_God No way, that’s a good book!

[Dan Westervelt @DanWestervelt]

@BoringBiz_ @jayskywalker16 Yeah there is a lot of alpha out there, it’s just hard to find/access/hold onto depending on the angle at which you’re coming at it from.

[Dan Westervelt @DanWestervelt]

@AutumnCapital OP (@doomerzoomer ) can be paraphrased into suggesting maximum leverage into high volatility equities, which is objectively terrible advice with a lot of assumptions baked in to boot. Calling this reliable? Yikes. I’m with you on this @AutumnCapital

[Dan Westervelt @DanWestervelt]

@ClarkSquareCap I worked on a tail risk hedge portfolio for the late Jim Simons.

[Dan Westervelt @DanWestervelt]

@evancharles How long have you been doing it on your own for since leaving?

[Dan Westervelt @DanWestervelt]

@rev_cap Jim Chanos is known as a short seller, but he had an interview some years back where he roughly stated his annualized return on shorts was 0-2% ITD. They way he made so much money was being 2x long the index simultaneously. IE double the index return with half the vol.