ronald brighton

junk

[ronald brighton @jj1981work]

@ruth_deyermond This is also contingent. Spend and be serious and be taken seriously

Away from trump admin the frustration with Europe over its lack of spending and commitment to security has spanned 3-4 administrations

[ronald brighton @jj1981work]

@kieranwgoodwin at least it's well labelled

[ronald brighton @jj1981work]

trying to hype PC problems as a systemic banking issue is lazy clickbait

[Scott Goodwin @skgoodwin23]

None. Complete non issue for the banks - the loans they make it these funds are 0-25% LTV. The media is trying to find a problem there were there isn’t one. The risk is generally pretty broadly distributed, however IF there are eventual defaults and losses because of AI or a broader macro cycle there will be losses distributed across the LP base that are concentrated in the cause of the defaults. If that ends up being the current concern of AI then the LPs of those funds that have poor portfolio construction and risk mgmt and in some cases 50%+ exposure to AI threatened businesses over the long term will suffer. It’s very hard to know what the eventual impact of AI is so hard to say at this point but diversification wins when you are buying carry assets at 98-99 that can only trade to 100!

[ronald brighton @jj1981work]

@resfoundation Full time?!

[ronald brighton @jj1981work]

@CavaggioniMario 12.5x = Nordic never getting its money back.. public comps more like 8

[ronald brighton @jj1981work]

@DrJoGrady https://t.co/E6317a0alf

[ronald brighton @jj1981work]

@DrJoGrady Think the q is about
1) the boundaries to this argument, esp at elite universities where a* is taken for granted
2) has to recognise the only data on contextual admissions in the Uk shows they underperform

[ronald brighton @jj1981work]

@HuwPryce @GuyEmma68700 @DrJoGrady @ApingSpring @grok is this claim supported by evidence - for eg do independent schools outperform more in subjects with coursework?

[ronald brighton @jj1981work]

@jbulltard1 @AndreasSteno @grok please help @jbulltard1 out by explaining which of the examples he cites are leading or lagging markers of inflation

[ronald brighton @jj1981work]

@georgemagnus1 I’m sure I’ve seen this film before

[ronald brighton @jj1981work]

@PauloMacro The meta one has 2.5bn of mark to market pnl in it already (after a week of trading..)

[ronald brighton @jj1981work]

@Restructuring__ A good dude and much missed

[ronald brighton @jj1981work]

@Birdyword Or said another way this system is savagely competitive and is creating apex predators on a global basis

[ronald brighton @jj1981work]

@HayekAndKeynes Billionaire or bust with hamza

[ronald brighton @jj1981work]

Apple podcast sounds like the raw file from Dominic’s mic

[ronald brighton @jj1981work]

@TheRestHistory you’ve uploaded the wrong file this am…

[ronald brighton @jj1981work]

@HayekAndKeynes and smokescreens the grift

[ronald brighton @jj1981work]

@profplum99 @TFMkts This is why your data set isn’t giving you what you want. All the roadkill is financed outside your data set this cycle

[ronald brighton @jj1981work]

because why bother if you get everything you need without offering call protection and taking on public reporting requirements

[ronald brighton @jj1981work]

this is a 10yr trend that started here

Supervisory Letter SR 13-3 attachment: Interagency Guidance on Leveraged Lending (https://t.co/Mjdi7VHxM4)

[ronald brighton @jj1981work]

then you add the private channel willing to do sub, 2L, PIK and you take away the main engine that drives future defaults and trash creation in high yield - the stretched CCC junior LBO paper of 2007 is much rarer today