Macro Managers
topic on 1 show · 3 statements across 3 episodes
3 statements about Macro Managers, every show
Blitz: SVB crisis triggered a violent two-year Treasury squeeze via illiquidity
“You saw in March of this year where you had a pretty violent move in the two-year bond, one of the most liquid assets in the world. Many macro managers were positioned in that bond. They had to get out of that position when the Silicon Valley Bank news hit. Mo…”
Micromanaging Institutional Clients Prevent Macro Managers from Taking Necessary Risk
“You need the right clients. You can't have clients who ring you up every Friday saying, what have you done this week? That is just no way to manage money. But I'm afraid that's tended to go hand in hand with a lot of the institutional allocations that macro ma…”
Blitz: Trade structuring is a more sustainable edge than directional macro calls
“Something like the ability to structure trades very well, or, you know, say, hey, here's my macro view, but I'm going to position myself in such a way that if I'm right, you know, I'm going to do really well, and if I'm wrong, I'm going to, you know, lose a li…”