Chapter
Payment for Order Flow and Hedge Fund Leverage
10:03 - 16:40 (06:36)
The financial industry needs to improve disclosure downstream so that consumers can make informed decisions about Payment for Order Flow. Meanwhile, the massive leverage taken on by hedge funds poses a risk to the market similar to the LTCM crisis.
Clips
The high leverages taken on by hedge funds while using Payment for Order Flow (PFOF) can cause potential risks like the LTCM issue.
10:03 - 12:02 (01:58)
Summary
The high leverages taken on by hedge funds while using Payment for Order Flow (PFOF) can cause potential risks like the LTCM issue. However, PFOF may not always be a bad thing and can guarantee better price execution, but more downstream disclosure is needed for consumers to make informed choices.
ChapterPayment for Order Flow and Hedge Fund Leverage
EpisodeE20: Robinhood wrap up, Insiders vs. Outsiders, California's failing report card & how to fix it
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The discussion centers around black swan events that happen unexpectedly and the difficulty in predicting them, whether in social media or in finance.
12:02 - 15:41 (03:38)
Summary
The discussion centers around black swan events that happen unexpectedly and the difficulty in predicting them, whether in social media or in finance. The financial infrastructure that allows normal retail folks to invest money is also a point of concern, as it is crucial in making capital markets work.
ChapterPayment for Order Flow and Hedge Fund Leverage
EpisodeE20: Robinhood wrap up, Insiders vs. Outsiders, California's failing report card & how to fix it
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Chamath Palihapitiya discusses his questions about whether the DTCC, and its member organization Citadel, have had any influence or conflict of interest in the Robinhood debacle.
15:41 - 16:40 (00:59)
Summary
Chamath Palihapitiya discusses his questions about whether the DTCC, and its member organization Citadel, have had any influence or conflict of interest in the Robinhood debacle.