Matt Levine
speaker
4,099 appearances
10 recordings
1 series
first heard Jun 2026
last heard 5d ago
Matt Levine’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 10 in all, peaking in Jul 2026 with 5.
Appearances
Yeah, but yeah, but it also like break the way the financial system works because like the system right now is set up around a certain level of like
voice-verified
non optimal exercise of all these options and like if everyone has AI agents to exercise everything optimally, then like it'll get weird.
voice-verified
there's no they.
voice-verified
Like one thing they are doing about this is Morgan Stanley writing this note, which says things like historical prepay behavior will understate future prepays.
voice-verified
So models trained on the past misprice this option that borrowers will be more inclined to exercise, right?
voice-verified
So one thing they're saying is like, don't buy mortgages at like current model prices because like you'll have to reprice everything for like higher exercise rates.
voice-verified
But is this gonna be the same in like insurance and
voice-verified
Yeah.
voice-verified
Mm-hmm.
voice-verified
That's the first mention of Penco here.
voice-verified
Mary wrote a book about Penco.
voice-verified
We'll see, we'll see.
voice-verified
But yeah, so what are they gonna do about it?
voice-verified
I don't know.
voice-verified
What are they gonna
voice-verified
Like I don't think like there will be a they making a decision all at once.
voice-verified
No,
voice-verified
Yeah.
voice-verified
I think like options are gonna be repriced.
voice-verified
Showing 1281–1300 of 4,099 · page 65 of 205
← Previous
Next →