He responded by cutting some peripheral trading books, selling some positions, for instance in distressed credit, which cost the fund, and trying to hedge individual credit positions to prevent further losses from defaults. “To be clear, at the moment I’m more focused on the downside than the upside,” he said on the call this month. Sir Michael also sold down positions in stocks.
‘Zila Ghaziabad’ narrates a real life gang war tale of the nineties which involved two powerful gangs led by Satbir Gujjar (Vivek Oberoi) and Mahendra Fauji (Arshad Warsi). Fauji is a right hand henchman of Ghaziabad’s political figure played by Paresh Rawal who is often referred to as ‘Chairman’. On the other hand, there is Satbir, a school teacher by profession with idealistic views, whom the Chairman equally favours because a) his education background is helpful in cracking deals that Fauji’s guns can’t b) he is Chairman’s would be son in law.
Mistobox was a high scoring competitor, actually scoring just one point below Trade. It offers an even wider variety than Trade with over 590 coffees at the time of writing. Mistobox’s coffee quiz has seven questions, which was an adequate amount to find a coffee we enjoyed.
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