Cullen Roche says cash drag is costing Mr. Ross about $500,000 a year in missed T-bill interest. He says Treasuries offer a California tax advantage, but the bigger concern is a duration mismatch against liabilities with an effective duration of about 8 years.
published
Cullen Roche says cash drag is costing Mr. Ross about $500,000 a year in missed T-bill interest. He says Treasuries offer a California tax advantage, but the bigger concern is a duration mismatch against liabilities with an effective duration of about 8 years.
Latest documented BWB result
BWB member result
Took $1.20 profit on the remaining Puts on the Strangle - holding the Calls now
Historical results are not a promise of future performance. Trading involves substantial risk.This public post is a timestamped information archive, not personalized financial advice. Alerts can change as markets move. Join Billy's private group for the complete daily stream and follow-through.