7.1 Only super-bright people get to lose one billion dollars. Part 1

Published: Feb. 6, 2021, 4:41 p.m.

Welcome to Series 7!  For the next three podcasts, I am going to take the listener into the world of structured products and how traders build a hedging strategy.  I will introduce you to the weird language of the greeks and explain how the stack and roll again fails.  The final part will take us to the point where I had a conversation with a truly smart risk person whose quote I use in the title.  Going to be a ride, so hold on!

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