The success of Michael Saylor’s fundraising playbook for Strategy is causing trouble for its imitators, as the market for the convertible bonds they are using to fund Bitcoin buys is getting tighter —...

Podcast Episode · Odd Lots · 04/30/2025 · 47m

Despite the market recovery of the past week, foreign investors “remain on a buyers’ strike on US assets,” according to Deutsche Bank AG.

Cliff Asness, Wall Street’s standard bearer of traditional quant finance, was once skeptical that machine learning would ever make a big splash at AQR Capital Management.

The dramatic story of an improbable gang of self-proclaimed “degenerates” who made WallStreetBets into a cultural movement that moved from the fringes of the internet to the center of Wall Street, upe...