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MH+ Ep.08: Kevin chats with Rupert Mitchell

The Market Huddle

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The Wolfpack of Wall Street Are Going to Carry on Allocating Pension Funds

You're basically betting against beta, right? You're not really taking a specific bet against the thing that you're worried about. I think these guys will carry on clipping coupons or in terms of collecting allocations from the world's pension funds and insurance funds. But don't you worry as well, though, a little bit about like Goldman actually getting a trade right and making money somewhere else? Yeah, it's always possible. That's not DJing so much though. He's got to stop DJing and the wear mistakes, right? Once you've pulled back the curtain and see the Wizard of Oz, you tend not to believe in the magic anymore. Right.

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