I was having a few beers with an old Agora colleague last week, someone outside of Taipan, and the subject of the Taipan Daily e-letter came up. Is that Cash McDash guy for real?” he asked me. I was taken aback by the question. “Of course he’s real”, I told him.

Greetings. There’s plenty to talk about this week as usual — and plenty of topics to catch up on. We’ll start off by checking in with your friend and mine, incognito hedge fund manager Cash McDash.