Matt Levine, Columnist

Investors Want to Buy a Lot But Not Pay a Lot

Also funded collars, awkward lunches, crypto questions, great names and killer robots.

April 18, 2018 at 2:29 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Slippage.

Basically the way I think about U.S. equity market structure is: