“We took on some basically distressed asset financing… at the end of it, it did what it's supposed to do, we’re back.”
♫
Said on How I Built This with Guy Raz
“When another hedge fund gets into trouble, he ... buys their assets for a fraction of what they were worth.”
Ken Griffin / Citadel · Great Business Stories · Ken Griffin: Wall Street’s Ultimate Competitor
Play from 27:16
27:16
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What was described
acquired distressed hedge-fund assets at a fraction of their prior value
Said nearby on the same subject
“They closed their fund… because for the prior 12 months, it underperformed the market by 22.9%”
♫
Said on Financial Autonomy
“Even though headlines suggest tech disruption, demand for accounting practices is increasing, so values are going up and they’re very attractive to acquirers.”
ME
Mark Emney
With Interest ·
“We manage multi-asset portfolios… strategic asset allocation of 30% currency hedged… based on a view that the Australian dollar is probably about fair value”
♫
Said on Equity Mates Investing Podcast
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