Discover and read the best of Twitter Threads about #extraordinary
Most recents (3)
#Options have same maths as #Insurance.
Insurance Companies win because:
1) #Mathematically Options are priced expensive,
2) With their deep pockets writing large enough number of options the #Probability works for them,
3) Endless Covenants to the Contract protect 'em
1/n
Insurance Companies win because:
1) #Mathematically Options are priced expensive,
2) With their deep pockets writing large enough number of options the #Probability works for them,
3) Endless Covenants to the Contract protect 'em
1/n
Thus #OptionSellers can hope to win OVER TIME if they have the same wherewithal as #Insurance Sellers, i.e.:
a) Deep Pockets
b) Very large number of trades over time
c) Math / Actuarial Skills
d) Legal Wherewithal.
Thus option sellers will be destroyed at some point.
2/n
a) Deep Pockets
b) Very large number of trades over time
c) Math / Actuarial Skills
d) Legal Wherewithal.
Thus option sellers will be destroyed at some point.
2/n
#OptionBuyers are hoping beyond hope! They are in a worse position than #OptionSellers because:
#Probability is loaded against them & that makes a pressure to achieve #Extraordinary #Market Timing
3/n
#Probability is loaded against them & that makes a pressure to achieve #Extraordinary #Market Timing
3/n
💿#theMessages
"22 Jan 2020 at the preliminary hearing of the criminal case. We were presented with a #MemoryStick by @COPFS. The next day in the offices of @LevyandMcRae, we went through a series of messages. It was one of the most #extraordinary days of my life"
#SalmondSpeaks
"22 Jan 2020 at the preliminary hearing of the criminal case. We were presented with a #MemoryStick by @COPFS. The next day in the offices of @LevyandMcRae, we went through a series of messages. It was one of the most #extraordinary days of my life"
#SalmondSpeaks
🚨 #theConspiritors
"... because I'm not allowed to describe in any detail the #messages. Let's say I recognise the one you've just read out. And what they speak to behaviour which I would never have countenanced from people I've known in some cases for 30 years."
#SalmondSpeaks
"... because I'm not allowed to describe in any detail the #messages. Let's say I recognise the one you've just read out. And what they speak to behaviour which I would never have countenanced from people I've known in some cases for 30 years."
#SalmondSpeaks
"There has been behaviour which is about not just pressurising the Police (like the one you read out), pressurising witnesses, collusion with witnesses, we're talking about the construction of evidence b/c the police somehow were felt to be inadequate in finding it themselves.
1. Last September,I gave evidence as a witness of fact in the Julian #Assange #ExtraditionHearing, and I reconstructed, among other things, how the US #Cables allow to reveal what happened behind the scene in the #extraordinaryRendition of the Milan cleric, #AbuOmar
2. the US diplomacy #cables revealed by #WikiLeaks allow to expose how the US put pressure on Italian politicians,both conservative and progressive,to grant #impunity to 26 US nationals, almost all of them, #CIA agents involved in the #extraordinaryRendition of #AbuOmar
3. we Italian journalists could guess such pressures by the US on our politics, however, without #WikiLeaks' cables, we would have never ever been able to get evidence. It was amazing when I got access to the #WikiLeaks cables and found such evidence: a journalist's dream
