Byrne Hobart
@ByrneHobart
The John Henry of excessive use of the em-dash. Tweets are map, not territory. Co-author: Boom (Stripe Press):
Joined March 2007
1.7K Following 61.7K Followers
In lots of 80s/early 90s profiles of quantitative investors, there's a list of the general strategies they used, and a surprisingly common one is "Japanese warrants." In today's Capital Gains, we look at what that meant and why it was such a common trade:
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