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It's article is filed under Bloomberg opinion, but I failed to find a common thread or observation has I read to the end. Is this just a weekly Roundup of finan
by s1artibartfast 2y ago
It's article is filed under Bloomberg opinion, but I failed to find a common thread or observation has I read to the end. Is this just a weekly Roundup of financial events?
About the 23andMe and pharma events were specially interesting.
That said, I disagree with Matt interpretation that the computer entry overrode the contract. Arbitrator stipulated compensation based on the contract date, not the computer executed date
When someone has 35 million of options, i would expect both parties have some duty to understand the terms. That said, they also have a duty to not misrepresent the contract after the fact.
[edit] My primary point is that I didnt see much opinion or rant
- Arcuru 2y agoThe submission is a link to the daily Matt Levine column where he typically rants his opinions on Finance.
- bryanlarsen 2y agoYou're one of today's lucky 10,000 by discovering Matt Levine's Money Stuff column. It's a daily column that is almost always as interesting as this one was. https://www.bloomberg.com/account/newsletters/money-stuff?source=NLshare https://www.bloomberg.com/account/newsletters/money-stuff?so...
- buybackoff 2y agoIt's not only a column but a daily email. Of 20 unread emails in my inbox 17 are these ones. It's too good to archive without at least skimming through. But it's a longish read and accumulates fast.
- bryanlarsen 2y agoYes, I should have mentioned that -- the link I posted is a link to subscribe to the email.
- s1artibartfast 2y agoI have read a lot of Matt Lavine, but just remembered it having more editorial analysis. Maybe that is the difference between the daily and other articles?
- deleted 2y ago[deleted]
- DavidPeiffer 2y ago>Is this just a weekly Roundup of financial events? Matt publishes his newsletter Monday-Thursday, and a podcast on Fridays. It is a roundup of stories with high quality commentary on 2-4 stories, and a list of additional interesting articles at the bottom. He used to be an attorney with Goldman Sachs, giving him a good background for adding context to market corner cases people exploit, incentives of different parties involved in deals, legal perspective, etc. Two of his main lines is "everything is securities fraud" and "everything might be insider trading", with probably 100+ examples of each over the years.
- tekp2 2y agoHe was an m&a lawyer with Wachtell and then a derivatives structurer at Goldman. But your point stands - a background in both the legal/deal making and trading sides of high finance gave him a terrific context. Then his insight, writing style and sheer unbelievable volume of throughput made him essential reading.
- lmm 2y agoIt's one person's column, having it filed under opinion probably gives him a bit more freedom to say what he wants even if he doesn't always exercise it. (It's always amusing when Michael Lewis is in the news to watch Levine finds ways to make it clear he thinks he's an idiot without ever directly badmouthing his colleague). HN moderation policy is to replace useful or informative user-submitted titles with the title of the page itself in most cases.