What Byrne Hobart thinks about market efficiency

@byrne-hobart · 11 positions · On ppll ↗

Writes The Diff, a newsletter on inflections in finance and tech read by hedge fund managers, founders and VCs. Previously worked in finance at SAC Capital/Point72.

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Only Byrne Hobart on market efficiency. See everyone on market efficiency

1 dated position, 2026, in their own words. Our reading of what Byrne Hobart has said — not written or endorsed by them.

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19 Sept 2026

Our readingRecycling metal remains economically worthwhile, but recycling most plastic is not.

Their wordsIt's not a blanket case against recycling: recycled metals are still valuable, but plastics mostly aren't.

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