The Collapse of Three Arrows Capital: Part I with Kyle Davies

Send us Fan MailThe Collapse of Three Arrows Capital: Part I with Kyle DaviesThis week we have a fallen angel or maybe that should be a broken arrow? Kyle Davies will forever be associated with flying too high and crashing to zero in the crypto catastrophe of 2022. He wanted it all and he wanted more. This is the story of yet another credit bubble that elevated Mice and eviscerated Men until lenders simply begged you to take their money. And Kyle was the whale. He had the audacity to pass himself off as a hedge fund. He levered up to 4 yards. He was the recipient of all that newly minted credit and boy he sprayed money everywhere Hell crypto was going to the moon This is a story of audacity and breathtaking incompetence when you break money you break mens minds Many will judge the man, I just think it’s a fascinating story of myth and mischief, so pull up a chair and tune in... ***THIS IS NOT INVESTMENT ADVICE!!***00:00:00 - Dead Bodies00:01:00 - Origin Story00:11:27 - No down months00:14:00 - VAR?00:18:30 - "Trading should be easy"00:23:17 - ICO Craze 00:30:10 - Lindy Man Long00:32:00 - Razor Sharp 00:35:38 - The COVID Dump 00:37:14 - All in?00:40:00 - Grayscale 00:46:15 - The smart thing to do 00:49:20 - A challange 00:53:00 - Leverage 01:00:00 - To be continued... Support the show⬇️ Subscribe on Patreon or Substack for full episodes  ⬇️https://www.patreon.com/HughHendryhttps://hughhendry.substack.comhttps://www.instagram.com/hughhendryofficialhttps://blancbleustbarts.comhttps://www.instagram.com/blancbleuofficial⭐⭐⭐⭐⭐  Leave a five star review and comment on Apple Podcasts!🧢 Hats & Merch 📸 Instagram 🐦 Twitter / X📩 Substack👂Listen and 🔥 Subscribe📺 YouTube🎧 ...