Archive news from Matt Levine

Date Headline Description #
31-Jul-2025 You Can Insider Trade NFTs Now Not legal advice. Also Builder.ai, Boring Co., Harvard and AI. Request summary
30-Jul-2025 The Bots Will Work Together Also Kalshi bets, Robey Warshaw, ETHZilla, and putting Bitcoin on your credit card. Request summary
29-Jul-2025 UBS FX Trades Were Too Good Also Sinovac, Daily Journal and an insurance correlation trade. Request summary
28-Jul-2025 Bet on or Against the Unicorns Also the meme-stock revival, home insurance and tokenized crypto treasury companies. Request summary
24-Jul-2025 Strategy Does a Stretch Also Tesla and xAI, alpha capture and an NFT treasury company. Request summary
23-Jul-2025 Meme Stocks Are Back AI, negative ownership, no-crypto indexes and ChatGPT Agent. Request summary
22-Jul-2025 There’s a GameStop Treasury Company Also ETF heartbeats, crypto lending, Libor transition collusion and meme-stock investment. Request summary
21-Jul-2025 Private Research Is the New Public Research Also Goldman’s new career path, Trump Media’s Bitcoin treasury, Hess’s JV agreement, Polymarket’s derivatives exchange and Jane Street’s partner list. Request summary
17-Jul-2025 Everyone Wants a Bitcoin Treasury Also slang memecoins, LQR House, collusion on earnings calls and three-page résumés. Request summary
16-Jul-2025 Zeno’s Takeover Also prime brokerage, private-wealth risks and the Strategy premium. Request summary
15-Jul-2025 Put the Crypto in the Index Funds Also tariffs in credit agreements, JPMorgan private credit, Windsurf’s second exit and quants going to AI labs. Request summary
14-Jul-2025 Musk Has Money and xAI Wants Some Also the Windsurf deal, duct cleaning, tokenization and HYPE. Request summary
10-Jul-2025 Do Your Betting With Your Broker Gambling losses, hedge-fund AI agents, Hunterbrook, legal fees and self-publishing. Request summary
9-Jul-2025 Goldman Wants Quarterly Loyalty Updates Also a gold treasury company, spot-fixing, anti-woke funds and a Buffett bet. Request summary
8-Jul-2025 Floor Traders Want Their Seats Back CME, Diet ARK, no-dividend ETF, more Jane Street options and vending machines. Request summary
7-Jul-2025 Jane Street’s Indian Options Trade Was Too Good SEBI, MSOs, America Party. Request summary
3-Jul-2025 AI Is Bad at Snacks AI rollups, tokenization, arbitrage consulting, gambling loss deductions and stress test positioning. Request summary
2-Jul-2025 The Stocks Will Be Tokenized Also BlackRock and privates, Vanguard and privates, the Paramount settlement and Enron 2.0. Request summary
1-Jul-2025 A Drug-Trial Stock Sale INmune, Linqto, SRT financing, bank AI agents and the AI pay wars. Request summary
30-Jun-2025 Insider Trading on SEC Filings Edgar typesetting, private credit, security-based swaps and AI pay. Request summary
26-Jun-2025 Anyone Can Sell You SpaceX Stock Forwards, startup quasi-exits, crypto for mortgages, CFA embezzlement and FELINE PRIDES. Request summary
25-Jun-2025 You Can’t Exactly Buy Stock in Athletes Also private credit trading desks and PRIMEs and SCOREs. Request summary
24-Jun-2025 Everything Is an ETF Now Autocallables, Microsoft Strips, BNB treasury strategy and on-cycle recruiting. Request summary
23-Jun-2025 Malaysian Fryer Oil Arbitrage Also meta-acquihires, investment bank fees and AI is securities fraud. Request summary
18-Jun-2025 Lawyers Are Mad About SALT Also AI signing bonuses, stablecoin regulation and sports contract lawsuits. Request summary
17-Jun-2025 It's Not Gambling, It's Predicting Ohio Gambling Recovery, negative greeniums, pizza delivery manipulation and Edgar modernization. Request summary
16-Jun-2025 There’s a Tron Treasury Company Also golden shares, equity analyst RTO, Bally’s Chicago and Pentagon pizza data. Request summary
12-Jun-2025 High-Speed Traders Slow Down Tower, 4 p.m. bond trades, staked Ether ETFs and on-cycle recruiting. Request summary
11-Jun-2025 The Appraisal Trade Is Back Endeavor, Scale AI, private equity recruiting, TikTok and home equity securitization.  Request summary
10-Jun-2025 People Are Worried About Private Market Liquidity Also SREIT, crypto treasury companies, tariff trades, FCPA and Nikola. Request summary
9-Jun-2025 The Banks Are Re-Tranching Also private equity recruiting, a Ferretti buyback, a different Goldman and is Musk v. Trump securities fraud? Request summary
5-Jun-2025 Bankruptcy Was Good for 23andMe Also Builder.ai, the Strategy trade, Polymarket eschatology and Manifold manipulation. Request summary
4-Jun-2025 Whose Money Should You Manage? Also more Fannie and Freddie, antitrust shareholder lawsuits and an NFT ETF. Request summary
3-Jun-2025 The Fannie and Freddie Stakes Are High Also stacking Bitcoin using home equity, private credit continuation funds and Cobol vibecoding. Request summary
2-Jun-2025 Brokers Have Some Good Ideas Request summary
29-May-2025 The Tariffs Are Illegal Also an ESG matrix, endowment tax trades, disqualified lender lists and brain popping realizations. Request summary
28-May-2025 Fannie and Freddie Get a Guarantee Also endowment taxes, DJT and Gamestop Bitcoin treasuries and Bitcoin theft. Request summary
27-May-2025 Sell Your Crypto on the Stock Exchange SharpLink, Mango Markets, DJ D-Sol and the Trumpcoin dinner. Request summary
22-May-2025 Index Funds Are a Bit More Illegal Also tariffs are securities fraud, Chinese Trumpcoin treasury companies and startup exits as a service. Request summary
21-May-2025 Asset-Backed Crypto Token Wasn’t Also retail private rooms and pope house eminent domain. Request summary
20-May-2025 Get Your Research From an AI Video Also Hong Kong pension funds’ Treasury holdings, private credit in the pitchbook and the Trumpcoin dinner record date. Request summary
19-May-2025 US Debt Rates Itself Request summary
15-May-2025 Coinbase Got Hacked a Little Also billionaire league tables, money laundering bid/ask spreads, Pete Rose and an Elon Musk compensation trade. Request summary
14-May-2025 Elon Musk Needs More Options Also floating warehouses, tariffs in court, Credit Suisse bonuses and 401(k) leverage. Request summary
13-May-2025 Mortgage Your 401(k) Also more Bitcoin treasury companies, carbon credit disputes and college finance clubs. Request summary
12-May-2025 Is Murder Securities Fraud? Also retail private equity and secondaries, Trump Media accounting, chatbot insurance, pope bets and tax snails Request summary
8-May-2025 Meta Will Make Friends Also liability management exercises, crypto convertibles and not enough desks. Request summary
7-May-2025 Medicaid Taxes Pay for Themselves Also tariff loans, OpenAI/Microsoft and stock buybacks. Request summary
6-May-2025 OpenAI Will Get A Bit More Normal Also public-private funds, everything is securities fraud and $MELANIA. Request summary
5-May-2025 Warren Buffett Took the Long View Also hedge fund gates, private credit timing and a Trumpcoin treasury company. Request summary
1-May-2025 Can You Blame the Chatbots? Defamation, piracy, Tesla’s CEO search, Worldcoin and a Ponzi. Request summary
30-Apr-2025 ESG Isn’t Hiring Also investment banking chatbots, a grim pizza party, a bad investor meeting, retail-ish private equity and a souvenir flattened penny arbitrage. Request summary
29-Apr-2025 The New Market Is Public-Private Also AI rollups, shareholder proposals and the X debt. Request summary
28-Apr-2025 Argentex Got Some Margin Calls Zero-zero lines, Deel vs. Rippling II, crypto enforcement, XAI and teens with Lambos. Request summary
24-Apr-2025 The Stock Market Loves Bitcoin Twenty One, Trumpcoin dinner, KKR empathy, carry on co-investments and quantitative analysis of hockey. Request summary
23-Apr-2025 At Least the Market Isn't Boring Also bilateral trading, direct private equity and hedge fund timing. Request summary
22-Apr-2025 Goldman’s CEO Wants to Get Paid Also basket barrier options, Power E*Trade Pro and Gambler’s Coin. Request summary
21-Apr-2025 Crypto Might Get Some Banks Also Upexi, AI boss bots and quant gap years. Request summary
26-Mar-2025 You Can’t Change Your Mind About Mergers Desktop Metal, KKR Strategic Holdings, software loans, GameStop Bitcoins and incorrect cliches. Request summary
27-Mar-2025 The Synthetic Lender of Last Resort Basis trades, narrower banking, Robinhood estate planning, HSBC bonuses, Endeavor and GameStop. Request summary
31-Mar-2025 Musk Merged His Xes Also FX liquidity illusion, a Luna settlement, fraud convictions and pardons, and NYSE Texas. Request summary
1-Apr-2025 Is DOGE Securities Fraud? Also the OpenAI coup, Goldman executive pay and putting the account number in the amount field. Request summary
2-Apr-2025 Stablecoins Are Growing Up Circle, slangy wealth management chatbots, private credit runs, SEC climate rules and OCC desk space. Request summary
3-Apr-2025 The Tariffs Have Some Math Epsilon, phi, nondelegation, gold, buybacks, individual investor research and reincarnation hedging. Request summary
4-Apr-2025 Money Stuff: The Podcast: Finders Keepers Request summary
7-Apr-2025 Tariffs Are For Emergencies Nondelegation, denominators, leveraged long-short ETFs, full retail-price real estate and johns. Request summary
8-Apr-2025 People Are Worried About Deleveraging Also a $2.4 trillion tweet, Strategy’s income, Shopify’s hiring and Elliott’s podcasting. Request summary
9-Apr-2025 Safe Havens May Not Be Also the basis trade, potential tariff lawsuits, AI market manipulation and no Exxon shareholder proposals. Request summary
10-Apr-2025 Buy the Truth, Sell the News Also bond dealing, gardening leave and lottery arbitrage lawsuits. Request summary
25-Mar-2025 Private Markets Get More Public Also equity funding costs, buying the dip, Endeavor, litigation funding arbitrage and accountant narcissism.  Request summary
24-Mar-2025 There’s a Stock Exchange for Lawsuits Litigation finance, Endeavor closed, 23andMe went bankrupt, insider trading selfies, Swiss bank accounts and lottery winners. Request summary
20-Mar-2025 Netflix Producer Traded Instead Also personalized deposit rates, QXO buys Beacon Roofing, ‘my car cost more than this’ and a lottery winner. Request summary
19-Mar-2025 Everyone Wants Debt, Not Equity Dividend recaps, hedge fund analysts, TD Bank AML, Goldman Sachs succession, X valuation, perpetual strife and lottery financial engineering. Request summary
18-Mar-2025 Strategy Sells Perpetual Strife Also lottery ETFs, investment bank staffers, 24/5 clearing and AI that sells itself. Request summary
17-Mar-2025 Spies in the Sales Slack Also Chevron merger arbitrage, private rooms in dark pools and art liquidations. Request summary
13-Mar-2025 You Need Regulators to Deregulate Also private-credit restructuring capacity, Binance World Liberty and watch correlation. Request summary
12-Mar-2025 Investment Bankers Don’t Work for Free Also the American Dream mall is open, coal companies as climate solutions and round-number stock prices. Request summary
11-Mar-2025 Hedge Funds Need to Know the Weather Also private credit liquidity, yellow pine futures, Polymarket regulatory entrepreneurship and symbolically significant desks. Request summary
10-Mar-2025 Arbs Want to Appraise Endeavor Also a QXO/Beacon deal, a walnut investment vehicle and a Neom update. Request summary
6-Mar-2025 Steak Dinners Sell ETFs First Trust, Aspiration Partners, Millennium equity and Bitcoin reserves. Request summary
5-Mar-2025 There Was a Texas Lottery Arbitrage Also 23andMe’s board dynamics, Bio-Techne’s stock options and Goldman’s vice presidents. Request summary
4-Mar-2025 Citi Hit Another Wrong Button Also the big four hedge funds, memecoins are not securities, the CFPB gives up on Capital One and betting on the pope. Request summary
3-Mar-2025 Citi Keeps Hitting the Wrong Buttons Also losing a billion dollars is cool, CEO personal conduct, the crypto strategic reserve, State Street vs. BlackRock and structured finance is also cool. Request summary
27-Feb-2025 Buy Infowars for the Memes Also asking questions about Tesla, bribing auditors and Never Alone Capital. Request summary
26-Feb-2025 Robots Will Write the Macro Forecasts Also BlackRock’s DEI-linked loans, Tesla’s related-party accounting and AI resumes for junior bankers. Request summary
25-Feb-2025 The Job Is Service But the Goal Is Monetization Also Elon Musk’s SEC case and wearables data for insurance. Request summary
24-Feb-2025 JPMorgan Wants to Lend Companies Money Also Adderall causes insider trading, predicting startup funding, pig butchering a bank and the executive vice chairman of Cantor Fitzgerald is also a DJ. Request summary
19-Feb-2025 ESG Isn’t Passive Anymore 13Ds, Ackman’s Berkshire, highest-paid hedge fund managers, X’s valuation and converting from a broker to an adviser. Request summary
18-Feb-2025 The Unicorns Are Zombies Also Safe Superintelligence, OpenAI voting rights, the egg spot market, Libra and the Meet Kevin ETF. Request summary
13-Feb-2025 Gold Is Worth More in New York Also shareholder proposals, OpenAI, QRT and a picture of a house. Request summary
12-Feb-2025 Not Everywhere Is Insider Trading CFDs abroad, Vanguard advice, Dow tracking error and Metaplanet. Request summary
11-Feb-2025 Sure Elon Musk Might Buy OpenAI Also passthrough fees, memecoins and financial advisers who tell you how to give away all your money. Request summary
10-Feb-2025 Memecoin Pumps Are Just for Fun CBS procedurals, Josh Allen MVP coin, SEC Crypto Task Force, RIP CFPB, volatility and some Treasuries don’t count. Request summary
6-Feb-2025 Delaware Tempts Daktronics Cumulative voting, Pimco vs. private credit, dumb rebalancing, antigravity propulsion, private jets to Ibiza and Strategy. Request summary
5-Feb-2025 Private Credit Is the New Public Credit Also TripAdvisor can leave Delaware, Bill Ackman tweets and deletes, and Enron is a memecoin. Request summary
4-Feb-2025 Robinhood Wanted B*ts on the B*g G*me 10 years of Money Stuff, an emerging asset class, nothing is securities fraud, a sovereign wealth fund, a Goldman partner fund and Citi WFH. Request summary
3-Feb-2025 Texas Tempts Meta Also Bally’s Chicago, a MicroStrategy pause, Bitcoin for college and prediction market manipulation. Request summary
30-Jan-2025 How Long Do You Have to Be Short? Andrew Left, hedge fund hiring, white knights, CBDCs and Enron 2.0. Request summary
29-Jan-2025 OpenAI Doesn’t Want AI Cheaters Distillation, shorts, private company tokenization, Trumpcoin for payments and sportsbook correlation desks. Request summary
28-Jan-2025 DeepSeek Disruption Has Its Upside Also unrealized crypto gain taxation and X debt collateral. Request summary
27-Jan-2025 Hedge Fund AI Is Cheap AI DeepSeek, AI services rollups, QXO goes hostile, trading goes dark and X loans are offered at 90-95. Request summary
23-Jan-2025 Crypto Perpetual Motion Machines FartStrategy, minority ownership, IPO fee competition, SpaceX in ETFs and InfinityPools.  Request summary
22-Jan-2025 Index Funds Buy High and Sell Low Also ILPA on private equity disclosure, buying MicroStrategy volatility, collared Bitcoin ETFs and a Trumpcoin ETF. Request summary
21-Jan-2025 The SEC Was Busy Last Week Decorrelation, NDAs, startup accounting, Vanguard taxes, DCG, AML, cash sweeps, etc., plus the Trumpcoin. Request summary
16-Jan-2025 You Don’t Always Know What Bonds Cost Also Goldman says private markets are the new public markets and Hindenburg quits. Request summary
15-Jan-2025 Capital One High-Yield Account Wasn’t Also in-person oaths, Elon’s 13D filings and metaverse real estate. Request summary
14-Jan-2025 Maybe ESG Is Illegal Now Also Robinhood fines, private equity cell phones, sister-in-law insider trading and CFPB regulation of video games. Request summary
13-Jan-2025 Everything Might Be Accounting Fraud Also Bill Ackman’s bid for Howard Hughes and Goldman capital solutions. Request summary
9-Jan-2025 It’s Tough to Be a Research Analyst Also Elon Musk cleared the 150th tier of Diablo IV, ChatGPT will get you tenure in academic finance, and the Bitcoin in a dump guy can’t dig up the dump. Request summary
8-Jan-2025 The Fannie and Freddie Trade Is Back Also the EIB’s GAR and coughing up your Bitcoins. Request summary
7-Jan-2025 Private Equity Wants Your 401(k) Also studying sales, texting about improper money transfers and walking the trading floor unchaperoned. Request summary
6-Jan-2025 MBA Class Project Got a Bit Too Real Also narrow-ish banking, MicroStrategy miscellanea, defining AGI and breaking into DTC. Request summary
19-Dec-2024 Private Credit Wants to Be the Bank Also failed M&A, OpenAI restructuring and Bitcoin adoption. Request summary
18-Dec-2024 Insider Trading in Private Companies Also big activist funds and Azoria Meritocracy. Request summary
17-Dec-2024 Albertsons Is Mad at Kroger Also SpaceX employee margin loans, alternative asset manager mergers and Bitcoin as a Trump straddle. Request summary
16-Dec-2024 Elon Musk Heard From the SEC Also duplicating the MicroStrategy trade, buffer ETFs and hedge funds, Masayoshi Son’s $100 billion commitment and snorting Adderall in the bullpen. Request summary
12-Dec-2024 People Really Want SpaceX Shares SPVs, insider trading on getting fired, Target Pride securities fraud, Riot Platforms and impersonating a stockbroker. Request summary
11-Dec-2024 The Onion Can’t Buy Infowars Yet Also the Macy’s oopsie and the Hawk Tuah memecoin. Request summary
5-Dec-2024 MicroStrategy Has Volatility to Sell Also Kiromic, fake insider betting and the optimal amount of bribery. Request summary
4-Dec-2024 Citi Traders Didn’t Know the Rules High-touch trading, books as leading indicators, HPS pay and memecoins. Request summary
3-Dec-2024 Elon Still Can’t Get His Money Tornetta, empty voting, tricking an AI bot into sending you money and mining Bitcoins on planes. Request summary
2-Dec-2024 Texas Asks If Index Funds Are Illegal Common ownership, MicroStrategy ETFs, World Liberty Financial and Enron 2.0. Request summary
26-Nov-2024 Some Wamco Trades Were Better Than Others Cherry-picking, quant contests, hairy private wealth clients, in-seat promotions, a DJT business model and the head of mar Request summary
25-Nov-2024 Synapse Still Can’t Find Its Money Also UPS impairment, Macy’s small package deliveries, AQR TA Delphi Plus, Tether and Pink Floyd. Request summary
21-Nov-2024 Adani Green Didn’t Mention the Bribes Also rated feeders, AllHere fraud, expensive banana and AI on the blockchain. Request summary
20-Nov-2024 Short Squeezes Are Legal Now Also checking glitches, risk parity ETFs and Jane Street pay nondisclosure. Request summary
19-Nov-2024 Insider Trading at the Fed Also empty voting, anti-merger arbitrage and AI in earnings calls. Request summary
18-Nov-2024 Palantir Delivers the Tendies Also MicroStrategy, data center financing and significant risk transfers. Request summary
14-Nov-2024 Individual Investors Put Up the Cash Private equity deployment, NAV loans squared, hidden data, a Polymarket raid and X/DJT merger math. Request summary
13-Nov-2024 Trump’s DOGE Is Good for Dogecoin Also private-market alpha, Destiny Tech100 is back and not getting enough meat in your burrito is securities fraud. Request summary
12-Nov-2024 Merger Trading Will Get Easier Also some bad FTX loans, a late greenwashing case and Fed chair precedents. Request summary
7-Nov-2024 Prediction Markets Are a Thing Now Also CZ is relaxed, greenhushing and a fake Paramount buyer. Request summary
6-Nov-2024 The Trump Trades Worked Trump Media, crypto, the CME and farmer’s market pricing bylaw loopholes. Request summary
5-Nov-2024 Algorithmic Pricing for Kale Also CVA hedging, the private credit boom, copycat ETF names, KPMG layoffs and an Elon Musk divestiture theory. Request summary
4-Nov-2024 JPMorgan Undercharged for a Trade Money market funds, financial advice, BlackRock alternatives, farmland VIEs and algorithmic trading secrets. Request summary
31-Oct-2024 MicroStrategy Has Stock to Sell Also divorce glitch, dividend adjustments, Trafigura’s Mongolia office, death elasticity, fictional hedge fund managers and a big Google fine. Request summary
30-Oct-2024 Florida Banned Some Banks Also Super Micro’s annoyed auditors, xAI’s valuation, sentiment analysis and stolen cheddar. Request summary
29-Oct-2024 ETFs Are Where the Fun Is Double single stocks, near-wash trades, single-asset CMBS and an ATM glitch lawsuit. Request summary
28-Oct-2024 You Want Some Stocks That Go Down Also bond quants, reverse split manipulation, concentrated funds and Tether. Request summary
24-Oct-2024 Apple’s Card Was Confusing Also capital call line securitization, top-ticking private credit, Robinhood grows up and a Russian payment system Request summary
23-Oct-2024 Be Careful Tweeting About Stocks Also XTB CFDs, credit-card customer service and pharmaceutical code names. Request summary
22-Oct-2024 The Sophisticated Investor Test Also WisdomTree greenwashing, Dish bondholders, biotech/blockchain casinos and EY continuing education multitasking. Request summary
21-Oct-2024 Who Owns OpenAI? Also Jefferies, Susquehanna, fake recruiting calls and fake SEC tweets. Request summary
17-Oct-2024 Musk Keeps Paying for X Also Goatseus Maximus, World Liberty Financial, Citadel employee ownership, common lending, bribes and meal allowances. Request summary
16-Oct-2024 Activist Investors Are Podcasters Now Also double ETFs, private credit is the new public credit, the block-trade penalty box and adding clients on LinkedIn. Request summary
15-Oct-2024 Pumping the Magic Mushrooms Also Tether as the global reserve currency, cat bond basis risk, nuclear reactor financing and sports latency arbitrage. Request summary
14-Oct-2024 TD Was Convenient for Criminals Also private equity plumbing, public-market OpenAI, VistaJet and ultra-high-net-worth breakpoints. Request summary
10-Oct-2024 Crypto Market Makers Made Some Markets Wash trading, election arbitrage, TreasuryDirect.gov, NDA waivers and investment banking hours. Request summary
9-Oct-2024 A Trump Trade Arbitrage Election cops, HSR filings, structured credit integration, TXSE listing standards, AI and CPAs. Request summary
8-Oct-2024 Some of the Carbon Credits Were Fake Also FTX recoveries, ETF taxation, a big estate tax and Costco gold. Request summary
7-Oct-2024 Retail Investor Had Too Much Tesla Also exotic ETFs, Jane Street opacity, portfolio trades, Costco gold and the ‘head of macro’ guy. Request summary
3-Oct-2024 Private Credit Wants Everyone’s Money Also destructive competition, OpenAI exclusivity and PayPal stablecoins. Request summary
2-Oct-2024 Dish Bondholders Don’t Want a Haircut Also UniCredit’s Commerzbank hedges and a FanDuel VIP. Request summary
1-Oct-2024 Insider Trader Had All the Answers Also secret friendships, ad hoc bondholder groups, tweeting material news, Mango Markets and securities fraud settlements are securities fraud. Request summary
30-Sep-2024 Look Like a Loser, Then Win Also Dish sold for a dollar, Sam Altman’s negging, a dentist’s tax shelter, PE recruiting, blockchain for DTCC and business-class bribery. Request summary
26-Sep-2024 Private Credit and Banks Team Up Also OpenAI’s restructuring and Eric Adams. Request summary
25-Sep-2024 Masimo Has a New Boss Proxy fights, private equity operations, more cell phone fines and ESG pay. Request summary
24-Sep-2024 The Chatbot Will Pick the Stocks Also cocoa, voting and Hunterbrook. Request summary
23-Sep-2024 UniCredit Did a Commerzbank Trade Swaps, collars, Citi Bike, biblically responsible investing and texting regulators about work. Request summary
8-Aug-2024 Coal Is Cool Now Also VIX futures options, the Ripple ruling, private credit and portfolio manager pay. Request summary
12-Aug-2024 Leverage Goes Down When Markets Go Down Also August volatility, Bank of America hours, Musk conflicts and some father/son insider trading. Request summary
13-Aug-2024 Hedge Funds Take Money From Each Other Also NovaTech, Brock Pierce and astrology. Request summary
14-Aug-2024 JAB Is an Expensive Family Office Also Starbucks governance, BofA hours, X forum shopping and Ivy League sports. Request summary
15-Aug-2024 Stablecoins Can Have Bank Runs Also Credit Suisse risk management, lawyer-on-creditor violence, more cell phone fines, Starbucks governance and astrology-based consumer lending. Request summary
26-Aug-2024 Carl Icahn Had Some Hidden Loans Margin, algorithmic collusion, Nvidia hours, Tether investments and the “head of macro” guy. Request summary
27-Aug-2024 Accounting Isn’t Cool Anymore Also Paramount, CLO insider trading and hacking the transfer agent. Request summary
28-Aug-2024 Activist Shorts Can Still Have Fun Kerrisdale’s disclaimer, BLS information security, Nvidia as a macro indicator, Two Sigma and the Libyan central bank. Request summary
29-Aug-2024 Bill Ackman Has Some More PSUS Ideas Also gas manipulation, data room confidentiality and Nvidia as a macro indicator. Request summary
3-Sep-2024 Triple ETFs Triple Your Fun Leveraged single-stock funds, astrology-based investing, OpenAI’s capped profits, Musk’s Dogecoin pump and TikTok check fraud. Request summary
4-Sep-2024 Hedge Funds Help Companies Hedge Deal-contingent hedges, T+1 pains, taxi insurance, cell phones, leveraged ETFs and Nanjing-style salted ducks. Request summary
5-Sep-2024 Some Stocks Always Go Up 5% Order collaring, meme-stock inefficiency, an earnout dispute, Venture Global, private credit trading, the basis trade and Fyre Festival II. Request summary
9-Sep-2024 Fake Songs Made Real Money Zygotic Washstands, Polymarket derivatives, more Tesla/xAI conflicts and Esmark’s fake US Steel tender offer. Request summary
10-Sep-2024 The Fastest Options Are the Most Fun 0dtes, K-cups, News Corp., illegal NDAs, USDT and Vy Capital. Request summary
11-Sep-2024 Hertz Bankruptcy Was Too Good for Shareholders Make-wholes, Goldman credit cards, SEC phone pings, an off-and-on merger, Jeff Bezos’s house and a Vulfpeck album. Request summary
12-Sep-2024 Bankers’ Hours Are Still Pretty Bad Also Murdoch voting rights, OpenAI financing and index inclusion. Request summary
16-Sep-2024 IPOs Are About the Future Projections, OpenWeb, Commerzbank and several rules of insider trading. Request summary
17-Sep-2024 Archegos’ Banks Had Some Chats Antitrust, private credit, muni-bond texting and World Liberty Financial. Request summary
18-Sep-2024 There’s a Robot Warren Buffett ETF Also Steve Cohen stops trading, Ryan Cohen forgot to do HSR, FTX’s audit wasn’t great and don’t text about work. Request summary
19-Sep-2024 23andMe Is Just ‘Me’ Now Also EF Hutton, Avon CDS and pig butchering. Request summary