Empire 🟪(@theempirepod):What if your cost of capital was actually negative? Everyone wants to be delta neutral, but that may be the wrong way to think about capital efficiency. @haydenzadams breaks down why LPs holding long-tail assets can generate yield on capital they wanted exposure to anyway.

Empire 🟪

@theempirepod

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Empire 🟪@theempirepod

2026.08.17 15:30

What if your cost of capital was actually negative? Everyone wants to be delta neutral, but that may be the wrong way to think about capital efficiency. @haydenzadams breaks down why LPs holding long-tail assets can generate yield on capital they wanted exposure to anyway.