Sublime
An inspiration engine for ideas
Our Framework posits that all asset classes are driven by common factors • Changes in Growth Expectations • Changes in Inflation Expectations • Changes in Risk Premiums • Flow and positioning • Idiosyncratic risk within an asset class or across countries
kaustubhs • Risk_Premium_201
Thread on John Armitage, founder of Everton Capital (1/n):
30% hurdle rate https://t.co/N1MEgtO4eF
Here's to the crazy ones, the misfits, the rebels..
Ed Thorp in 1974
"the market is far more interesting than other forms of gambling"
but still a form of gambling :)
PDF
https://t.co/3bTh60beTq... See more
Derivatives: A Story of Financial and Environmental Innovation
J. Christopher Giancarlo, Cameron Winklevoss, • CryptoDad: The Fight for the Future of Money
Hyman Minsky was a 20th-century economist whose ‘financial instability hypothesis’ is probably the best-known explanation for the boom and bust cycles that characterize public financial markets.