We wanted to have the title be: why $18 B of investors missed out on the Tayvis wedding. But maybe too abstract?
And we were going to write a long blog post digging into all that’s wrong with the JP Morgan hedged equity strategy… how they have to sell closer and closer calls, how their size and transparent plumbing We wanted to call this one “Why $18B of Investors Missed the Tayvis Wedding.”
But maybe too abstract?
And we were going to write the long version, digging into everything ab...
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