I just discovered this podcast and have been impressed to far. Definitely going to check out the back catalogue and see what I’ve been missing. Thanks for doing these!
Thank you so much for your amazing podcast! I recently stumbled upon it and I can’t thank you enough. You provide so much insight and instill hope into us regular folks. Keep knocking it out the park and I liked and subscribed to shake up the algorithm. I am going to keep working diligently and methodically with the hopes of being interviewed by you one day!
How come some bonds or some other structured products were sold for 5 cents on the dollar when they still made the coupon payments? You would expect something at that price to be in unrecoverable bankruptcy