Implied vs realized. Skew is not risk premium. Some of it might be. As you said in that thread, skew is an attempt to resolve the violation of a...
We know that institutional is VERY concave. Retail is probably more convex. I am more convex because i believe that retail doesn’t have the...
That’s the concave utility function.
People don’t invest in bridgewater to beat the SPX. They invest in bridgewater to have a stable return that beats other stable return options....
This has been beaten to death, but it has been shown that there is some risk premium in options due to the concave utility curve of virtually all...
The rationale behind the Supreme Court decision revolves around the understanding that, as the opinion notes, "the exclusionary rule has its...
WON'T SOMEONE THINK OF THE ALIGATORS!
All those Disney lagoons will be filled with salt water!
I don’t know how much money he made. His returns (as published in the mainstream press don’t make sense). But I do know he shut down his first...
He reads “research” from the Cornwall Alliance for the Stewardship of Creation. No one understands science better than an evangelical...
Did AAA write that?
No one invited America either (both times)
prob wants to use it for track record.
It’s good for trump, bad for our country. At best nothing happens. Likely there will be more conflicts that will lead to more dead Americans...
I have a thought. Take 5 minutes and construct a coherent question.
During my tenure at a bulge bracket firm, I knew more than a few people Who came from welfare families.
He peaked the day he blew his first hedge fund.
Coal country is dying naturally and trump is trying to resurrect it unnaturally. Here you are proposing putting millions of people out of work...
Jan feb 2018 was one of single most obvious vol longs I have seen in my career. Who doesn’t buy a bucket load of vol when atm implies is like 8....
I am being facetious. But there is a saying, if an intruder breaks into your house, make sure there’s only one story as to what happend.
Separate names with a comma.