Have you ever worked at in i-bank in a position that gets paid 500k+? As someone that have and have managed people that got paid that much, I can...
Let's see. @TheBigShort s main argument is that most of the insurance contracts underwrite highly idiosyncratic events, such as fires, deaths or...
No you don't :D I am a difficult person to deal with
Wanna address them one by one? I do not perceive them as moot at all, FWIW. There is a massive difference between actuarial risks and systematic...
A US-specific methodology can be found here: https://www.bls.gov/opub/hom/pdf/cpihom.pdf
There is an important exception to that rule - going to work for someone, i.e. "an apprenticeship". Most people who make money in the market have...
You mean up, right? :D
That's not surprising, of course - US equities have been the only equity market with a reasonable performance. On the other hand, government bonds...
All of the above applies, of course. The main reason why selling vol is different from providing insurance is the lack of barriers to entry. It's...
:vomit: PS. PoR = 1 - PoP
What's "POP"?
Considering that he did not make money in 2008 (at least according to the HF DB), he's not into implosion either. He's into 5 to 1 chicks at his...
Trumps Crony Capitalism PS. It was OCC before 2017, I think :P
In general, people who sold something high (or bought something cheap) tend to be happier than the ones that did the opposite.
Dude, it's true right now. That's not MMT, that's TCC.
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