Remove Budgeting Remove Credit Risk Remove Math Remove Tax Planning
article thumbnail

Transcript: Ted Seides

Barry Ritholtz

The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. It’s part of their own tax planning. And what’s their budget like a fraction of it, right? SEIDES: No, you’re right about the securities.