Quoted: David R. Kotok in this excerpt from…
Zoltan Pozsar’s Writing Is Dense, Esoteric—and a Hit. Now He’s Left Credit Suisse.
By Matt Grossman & and Margot Patrick - May 8, 2023
Zoltan Pozsar, a widely followed Credit Suisse markets guru, has left the bank, part of an exodus of staff that started in the months before the lender’s shotgun takeover by rival UBS.
The Hungarian-born economist became a financial-world rock star for his analysis of mysterious market dynamics and behind-the-scenes accounts of how money flows through the plumbing of the global financial system.
He worked at the Federal Reserve Bank of New York and the U.S. Treasury before joining Credit Suisse in 2015, where he was Credit Suisse’s global head of short-term interest-rate strategy.
Mr. Pozsar became a must read for traders and portfolio managers, and his first name a hashtag for finance nerds on Twitter.
“Zoltan knows that market, and he can probe it to find elements of risk and inefficiency,” said David Kotok, chief investment officer at Cumberland Advisors. “There are very few places you can find such good explanations of it.”
Read the full article with subscription at WSJ.com: https://www.wsj.com/articles/zoltan-pozsars-writing-is-dense-esoteric-and-a-hit-now-hes-left-credit-suisse-f2ec2483
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