“Live by the mNAV, Die by the mNAV”. What happens when financial alchemy meets the hardest money in history? In this episode, we explore...
"A first reaction could be that it is a great investment opportunity. A better reaction (from an EMH and non arbitrage point of view)...
"Money facilities a system — the economy — that is too complex, too unpredictable and too uncertain to be modeled or reduced to neat...