Market Manipulation Insights
Scott discusses the complexities of asset valuations and the potential for market manipulation through strategic head fakes. He highlights the importance of fresh capital in determining trustworthy valuations, while also questioning the ethical implications of inflated marks used by investors to enhance their perceived returns. Ed raises concerns about the transparency of these practices and whether regulation is necessary, especially when large investors like the Saudi kingdom stand to benefit despite irrational valuations.In this clip
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