The Worst (Or Possibly Best) Investment Podcast EVER | Le Shrub

Le Shrub

Hidden Forces

- Speaker_00 is a popular and funny Twitter account known as Les Shrub, which started during COVID lockdown.
- Speaker_00 has a background in hedge fund management and currently runs a family office in Monaco.
- The 2008 financial crisis was a significant learning experience for Speaker_00, who focused on special situations and event-driven investing.
- Speaker_00 emphasizes the importance of structuring bearish trades to minimize losses and maximize potential gains.
- Shorting subprime mortgages during the crisis was an asymmetric trade with capped losses and high upside potential.
- Speaker_00 also highlights the opportunity for second derivative trades during crises, such as shorting European banks during the subprime crisis.
- Execution and risk management are crucial in making successful trades, and public calls alone are not enough.

Le Shrub's Backstory & Making Money Shorting Subprime Mortgages in 08'