Matt Levine Is Back (bloomberg.com)

I always love a good Matt Levine quote:

If your expectation is that if you invest in a good business you will make money, and if you invest in a bad business you can go to court and complain and the court will give you your money back, then maybe your job is a little too easy.

For those who don’t know, Matt Levine’s newsletter also goes out by email and doesn’t require a Bloomberg subscription: https://www.bloomberg.com/account/newsletters/money-stuff

Matt is the best... He could easily leave Bloomberg and make 7-8 figures a year on substack (or more likely a Ben Thompson like platform).

Also Matt if you're reading this we want a podcast and a book.

> Not wearing pants does sound pretty cyberpunk! But is it securities fraud?