relative value framework
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 13, 2025 by John Graham · across every show →
Everything said about relative value framework, oldest first
Oct 13, 2025 neutral
Dynamic Capital Allocation Without Hard Limits Imposes Massive Internal Coordination Tax
“So to actually execute on almost a relative value framework where capital could move between asset classes
Between public and private, where we don't have hard allocations into each one, it requires a huge amount of coordination across the organization.
There'…”