π¨ π¨π¨ The Collapse of Three Arrows Capital: Part I with Kyle Davies π¨π¨π¨
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This week we have a fallen angel or maybe that should be a broken arrow? Kyle Davies will forever be associated with flying too high and crashing to zero in the crypto catastrophe of 2022.
He wanted it all and he wanted more. This is the story of yet another credit bubble that elevated Mice and eviscerated Men until lenders simply begged you to take their money. And Kyle was the whale. He had the audacity to pass himself off as a hedge fund.
He levered up to 4 yards. He was the recipient of all that newly minted credit and boy he sprayed money everywhere Hell crypto was going to the moon This is a story of audacity and breathtaking incompetence when you break money you break mens minds Many will judge the man, I just think itβs a fascinating story of myth and mischief, so pull up a chair and tune in...
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πΊ YouTube: youtube.com/c/HughHendryOfficial
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ποΈ Spotify: open.spotify.com/show/5zj3Ox1qRD9GSynCKJIODS?si=05ba4eb47efe4ddb
Peace & love from St. Barts,
β Hugh
Brilliant interview. A sly and methodical interrogation.