Risk arb and event driven. I also write a blog about cooking and gastronomy.
Joined July 2015
- Tweets5.8K
- Following779
- Followers13K
- Likes11.2K
Pinned Tweet
So, I made a Substack. It has nothing to do with finance, but I'm posting it here anyway.
In short, I cook recipes from Michelin-starred restaurants, tell you about the dishes, and distil them into easier, accessible versions you can make at home.
lecordonbong.substack.com/
Bong Capital retweeted
Harley Bassman sued Simplify Asset Management earlier this year.
Now he's escalated his clash with the ETF issuer, saying in a letter to other Simplify shareholders he's "deeply concerned" with its management
One of the issues he raises: The firm's $14b AUM may be overstating its growth thanks to "Russian doll stacking"
My story today: bloomberg.com/news/articles/…
You wouldn’t know these pods, they go to another school.
We’re at dinner, 5yo kid next to us has spent the last 3 hours on his dad’s phone on just 2 apps - Chess.com and iOS Calculator. How early is too early to recruit a quant?
Should have gone with Jain Street.
*JAIN GLOBAL TO RETURN CASH, EXCLUSIVELY MANAGE MILLENNIUM MONEY
Very disappointed he didn’t name it Jain Street Capital.
bloomberg.com/news/articles/…
Bong Capital retweeted
This academic paper says Polymarket earnings forecasts are more accurate than 1) analysts 2) bias-adjusted analyst forecasts 3) the firm's historical beat rate
But it also says this mightttt be coz of insider trading at a particular auditor
Iran should offer monthly / annual subscriptions to shippers and IPO the business.
Strait of Hormuz as a Service: a critically strategic and scarce asset with strong pricing power, recurring revenues and highly captive customers.
“PE IRRs are not fake. They are fully audited and overseen by the SEC.”
First, PE IRRs are not fake. They are fully audited and overseen by the SEC. Claiming they are fake is just non-sense.
Second, it is clear you have never been on the board of a publicly traded company. The governance is essentially non existent. Some do end up with great CEOs. But when they don't the board does little about it.
Third, I rarely see claims made about PE volatility. There is really no way to measure PE volatility so any claims about PE having lower vol are obviously wrong. But once again I rarely see it....