Today’s Noise – To become evenminded is the greatest virtue. (some words of stoicism for the Fed). Did Heraclitus say to be even minded is the greatest virtue?
The Fed Finally Broke Something – tell me what I am missing, the Fed screw up with their lack of patience for the money multiplier at 0% and as they tightened so quickly they forgot about it in the reverse, SVB’s CRO not a good PM though, 80% LT bonds, ha
https://seekingalpha.com/article/4588182-the-fed-finally-broke-something
Swiss Investment Firm Longbow Finance Reveals Big Bet on Microsoft (MSFT) – That portfolio certainly took a hit but hopefully they invested in some good HFs to balance that and hits in the no longer so smooth VC and PC funds
Former Bridgewater Exec Sees Hedge Funds Driving Odd Stock Moves – no doubt, the Fed broke the toys and they’re using scotch tape instead of super glue to fix them right now
Unknown author – http://www.ancientcoinage.org/poets-philosophers-astronomers-etc.html
Global banking concerns shift from US to Europe amid Credit Suisse bailout – of course it is, the Fed was not the only group of boneheads that left the water running too long and forgot about dehydration when they turned the heat on to 100
https://www.modernghana.com/news/1218582/global-banking-concerns-shift-from-us-to-europe.html#
Markets improve on reports of lifelines to First Republic and Credit Suisse – yeah just a derivation of the Dead Cat Bounce, this is the Dead Banking Bounce
Did Heraclitus say to be even minded is the greatest virtue?
No evidence exists! Heraclitus, a pre-Socratic philosopher from ancient Greece. Moreover, known for his aphoristic style of writing, in which he expressed his views on a wide range of topics in short, pithy statements.
However, Heraclitus emphasized the importance of balance and moderation in one’s life. And this idea, often becomes associated with the concept. For example, Heraclitus famously said, “The way up and the way down are one and the same.” Which can become interpreted as a call to maintain balance and equanimity in the face of life’s ups and downs. He also wrote, “Opposites are necessary for life, but… unified in a single system and reconciled through a process of constant change.”
Which suggests the need to accept and integrate opposing forces in one’s life.
Therefore, while Heraclitus did not explicitly state that becoming even-minded is the greatest virtue. Lastly, his emphasis on balance and moderation in life is consistent with the idea that cultivating a sense of equanimity can lead to greater well-being and fulfillment.
Today’s News Compiled by KEVIN GAHWYLER
Kevin Gahwyler has over 28 years of experience in the hedge fund industry in various investment and C-Suite roles. Mr. Gahwyler is currently a Managing Director and Head of Business Development at Meteora Capital, LLC. A SPAC specialist that invests in the entire SPAC ecosphere through both closed-end funds as well as a hedge fund. Prior to joining the firm, Mr. Gahwyler was the COO and Director of Business Development of Measure 8 Ventures Management, LLC. In addition, before Measure 8, he was the President/CFO of Navy Capital Management, LLC. And Chief Operating Officer/Director of Business Development of Twin Securities, Inc. Kevin was also the founder of KenCole Capital. Lastly, an investment bank boutique specializing in hedge fund structures and marketing and served in senior marketing roles at both Pequot Capital and Sagamore Hill.
Lastly, Kevin graduated from Fairfield University with a B.S. in Biological Sciences. Additionally, from Thunderbird School of Global Management with a Masters in International Management.
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Today’s Noise – To be evenminded is the greatest virtue. (some words of stoicism for the Fed). Did Heraclitus say to be even minded is the greatest virtue?
