I heard the talking heads on CNBC discussing this sort of contraption. Their propaganda is that there will be no tail risks for many years to come. Should tell you something.
@WGS669 Yea, i don't listen to CNBC (i believe it's just too much short term noise that "crowds out" potentially useful thoughts). No tail risks for years to come? whatever...however, I will say that, among the more advanced instruments, I do like this variance swap. I think is absolutely has a good use in the right hands
@bionicturtledotcom I would agree with the noise analogy. However a better one is CNBC as Tokyo Rose, or as shepherd over a flock. If I consume it through that filter, I can learn things. That is, as long as the filter is properly constructed. Your vids are helpful in creating that filter. I can't thank you enough for that.
I heard the talking heads on CNBC discussing this sort of contraption. Their propaganda is that there will be no tail risks for many years to come. Should tell you something.
WGS669 1 year ago 2
@WGS669 Yea, i don't listen to CNBC (i believe it's just too much short term noise that "crowds out" potentially useful thoughts). No tail risks for years to come? whatever...however, I will say that, among the more advanced instruments, I do like this variance swap. I think is absolutely has a good use in the right hands
bionicturtledotcom 1 year ago
@bionicturtledotcom I would agree with the noise analogy. However a better one is CNBC as Tokyo Rose, or as shepherd over a flock. If I consume it through that filter, I can learn things. That is, as long as the filter is properly constructed. Your vids are helpful in creating that filter. I can't thank you enough for that.
WGS669 1 year ago