Spencer gets it.
(All explicitly in the book"Safe Haven".)
wsj.com/livecoverage/stock-m… (https://www.wsj.com/livecoverage/stock-market-news-today-04-04-2023/card/wait-your-hedge-fund-made-how-much--WRy8YA3lZ9404Qx3unVT)nitter.moomoo.me/i/web/status/164… (https://nitter.moomoo.me/i/web/status/1643611487473225730)
https://nitter.moomoo.me/nntaleb/status/1643611487473225730#m