EPISODE · Apr 2, 2021 · 1H 15M
Epsilon Theory #8: Leverage and Its Discontents
from Epsilon Theory Podcast · host Ben Hunt
Three fund collapses in three months, even as markets hit new highs. What do the Archegos, Greensill, and Melvin Capital blow-ups have in common? Leverage.
What this episode covers
Three fund collapses in three months, even as markets hit new highs. What do the Archegos, Greensill, and Melvin Capital blow-ups have in common? Leverage.
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Epsilon Theory #8: Leverage and Its Discontents
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