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“How is having no hope of making money so clever? | “How is having no hope of making money so clever? | ||
Squidboy sat up. | Squidboy sat up. “Put away your Sharpe ratios. Stop with your bogus liquidity assumptions. Trouble me not with talk of concentration, convexity, correlation and [[duration mismatch]]. Thst’sall ''gone'' man. The world has revolved. It has evolved. We have manufactured yield. We’re best placed to make it. We syndicated risk to those best placed to take it. We are networked, we one one. We are many, not few. We scale, rail, email but not fail. we are interconnected. We are nodes, we are points we are I am vertex. I am me I am you I am a multiplicity. I am a singularity. The singularity. My proposition is ipso facto compelling. It is ''swelling''. They have to tools and weapons to figure it out. They ''will'' figure it out. The old rules are broken. They don’t work anymore. The rules do not apply.” | ||
Algy said, “can someone switch him off?” | |||
[[A.J.]] pick a random page and dived right in. | |||
So you are saying the same old things that have tripped every new fangled financial scheme in history are no longer germane remain. | So you are saying the same old things that have tripped every new fangled financial scheme in history are no longer germane remain. |