Richard Craib (@richardcraib): imagine the great use of this burnt capital in tradfi say earning 9% per year in s&p that’s 1.09^30 = 13x in 30 years or 1.175^30 =130x in 30 years in…
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imagine the great use of this burnt capital in tradfi say earning 9% per year in s&p that’s 1.09^30 = 13x in 30 years or 1.175^30 =130x in 30 years in spy + hedge fund alpha with just 8.5% alpha per year. why burn it all on a hunch? crazy 🤪 but there you go