The tweet was deleted by the author.
But we saved everything 🙂.
Corey Hoffstein raises the possibility that adding more granular funds to address duration mismatches could effectively lead investors toward using explicit liability-driven investment (LDI) strategies.
He suggests that continuously increasing fund granularity in pursuit of better duration matching may ultimately bring portfolio construction to the level of LDI.
View post on X Loading...
Hoffstein previously reflected on reaching a portfolio all-time high on October 9, 2007, which coincided with the start of the global financial crisis, according to a past commentary. In a separate note, he highlighted that Hyperliquid has achieved $11 billion in dollar volume on traditional markets. These observations provide further context to his recent views on portfolio construction and duration matching.