I was a developer on the options pricing system that Rod Gancas used circa 1997-1999. One of my favorite traders to interact with, I learned a lot from him

We need to have a real discussion as to whether PE returns of the last 10 years have come from underlying fundamental performance of the investments, or from an ever-increasing amount of PE capital chasing a relatively fixed opportunity set

Time to close the book on $ARKK It might be controlled by the shorts from now on?

Credit markets have not reacted... yet.

... honestly with this VIX spike we should see more of a credit market reaction, I'd say.

✅ Bible ✅ Credit Support Annex ✅ Ye Olde Solly Shoe-Shop jollycontrarian.com/index.php?titl…

From the moving business to the storage business. In just a few short weeks. The taper has already had an impact on many parts of the mortgage market. Dealers are having a slower than normal December and bond inventory is just hanging around. It's gonna get interesting. #RMBS

I had the privilege of spending 90 minutes yesterday breaking down the components of inflation in 2022 and 2023 via the modeling and insights of Omair Sharif If you're serious about this stuff, you should reach out to Omair

Gotta short 'em all

Biotech is now below Feb 2020 levels $XBI

$ZM now back to March 2020 levels

One Euro is still worth one Euro

🚨 New Zohar III LLC 🚨 #Bullish #IYKYK

CCC yields have more than doubled in the past 12 months. For obvious reasons. But the effect on HY issuers, CLOs, etc is increasing every day.

the people who want to ban tiktok would think differently if they followed my favorite account, which is called @unclogging_drains

I don't know what to tell you all, but when we are talking about EM distressed credit on Bloomberg TV... we are closer to the end then the beginning of the rally... the best time to buy em credit is when you get laughed out the room for bringing it up, not invited on tv...

Structured Asset Securities Corporation #IYKYK #SASC #RMBS