RT
@zhusu: Reflecting back, the real injustice is against the firms that didn't partake in any rehypothetication or flywheel trades, and thus grew much slower than their peers during the bull mkt Their biz models looked much weaker than otherwise bc they had to compete w flywheelers— Eclipse (
@EclipseFND)
Dec 11, 2022December 11, 2022 at 01:12PM
RT
@zhusu: Reflecting back, the real injustice is against the firms that didn't partake in any rehypothetication or flywheel trades, and thus grew much slower than their peers during the bull mkt Their biz models looked much weaker than otherwise bc they had to compete w flywheelers
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