@shanepicker @matthewrcohn @jerallaire Do a little research into the Reserve Fund, the first money market fund in history (at least that I know of) that broke the buck. How'd that happen? Because they had 1.5% of their AUM in Lehman illiquid (likely level 3) assets (I called Lehman!). Black Rook Circle's maximum? 5%!
@shanepicker@matthewrcohn@jerallaire对储备基金做了一些研究，这是历史上第一个（至少据我所知）打破美元的货币市场基金。怎么会这样？因为他们有1.5%的资产管理规模在雷曼的非流动性（可能是3级）资产中（我称之为雷曼！）。黑车圈的最大值？5%!