[Fundamentals](/Fundamentals/index.md)

[Research](/Research/index.md)

[[Current]]

leverage exposure to crypto now going to come from BTC option market - get exposure there + phantom otc shitcoin trading


Alexandre Harfouche

https://theconversation.com/why-central-banks-are-too-powerful-and-have-created-our-inflation-crisis-by-the-banking-expert-who-pioneered-quantitative-easing-201158A


Money (the kind worth having in any case) is usually downstream of character and relationships

Character (mental/physical health and skill) —> relationships —> wealth

@SnowKitten200 - BTU


probability = succesful outcomes / total outcomes

odds = succesful outcome : unsucessful outcomes

1:(1/p-1) where p expressed as decimals



Utilities trade at 25-30% beta to the 2yr
if the 2 year goes up in terms of yield and falls in value then the Utilities sector as a whole loses value
and vice versa


# Manipulation of LIBOR during GFC

- real manipulation done by central bankers & way worse than traders who where jailed
- in 07-08 all banks were consistenlty lying about the true cost of borrowing dollars by lowballing their funding rate which lead to a massively depressed LIBOR
- Peter Johnson - The low ball tapes

# Relative values trades exemple

Long  ratio at 2
10% stp loss on ratio = 0.2
so stp loss at 1.8 on ratio
soft target = 0.2 * 3 = .6 = 2.6
when soft target hit buy short stop A short more stock B
roll up stp loss