Hedge Fund CIO: "Want To Make A Grown Nerd Cry? Run A 500% Rate Increase Through His Risk Model"
August is over, which means that Eric Peters, the CIO of One River Asset Management, is back to doing what he is so very good at: distilling the week's events and latest financial and economic trends into pithy, one-paragraph aphorisms. Without further ado, here is an anecdotal excerpt from his latest weekend notes.
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Scary Movie
I love movies. Scary ones especially. Keep your happy endings, give me chainsaws. Meat hooks.