lukestein’s avatarlukestein’s Twitter Archive—№ 4,349

  1. …in reply to @rajivatbarnard
    @rajivatbarnard I am very happy to be corrected on my misunderstanding here (especially by an expert; I am decidedly not one). Thank you!
    1. …in reply to @lukestein
      @rajivatbarnard To make sure I understand: #2 (“can short… other long shots for free”) only means free from the $850 constraint, not from fees, right? So this is about ways to increase possible dollar returns (assuming I think there are multiple overvalued long shots) not rates of return? 2/
      1. …in reply to @lukestein
        @rajivatbarnard #3 could also just be about getting >$850 exposure (at same % returns, though quicker), but could also help if mispricings in long-term markets persist after short-term contract closes, since short-term winnings could be reinvested without paying cash-out fee. 3/