Note on Money Stuff: CoinDeal’s Bentleys Weren’t Real via Matt Levine
In conditions of uncertainty, you might be tempted to use a low mark to reward your loyal investors. If you run a hedge fund, the main temptation is to report better performance.
Reference
-
Permalink (
2023.NTE.017) - On
- In Notes
- Tagged risk, probability, performance, finance
- From Money Stuff: CoinDeal’s Bentleys Weren’t Real
- Edit
| ← Previous | Next → |
| Note on Money Stuff: CoinDeal’s Bentleys Weren’t Real via Matt Levine | Note on Effective Political Giving via Idle Words |