Tag Archives: reward

A Conversation with Peter Thiel and Niall Ferguson 1990’s: The pace of technological change is getting faster! and the pace at which it’s getting faster is getting faster!! Soon we’ll all be cyborgs and live for 1000 years in the … Continue reading

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market makers are normally paranoid that the other side of the trade “knows” what is going on and that it is a pickoff. as a market maker, you think “what can i do against this that makes sense?” so you … Continue reading

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Richard Posner has made a name for himself applying cost-benefit analysis to the law. In this book he asks how we should think about very very unlikely scenarios that are very, very bad. In Catastrophe, Posner wonders what the law … Continue reading

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