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Strategies for a discontinuous future.












Thursday, October 21, 2004
 


Finance 2.0

Will be about quantifying and forecasting things we think are inherently unpredictable (but aren't), in order to be able to value them - and thus create financial instruments to capitalize them and relatively liquid markets to trade those instruments:

"...the models produce vastly different results, leaving a lot of uncertainty in how much risk insurance companies face each year and how much they should charge policyholders".

Killer example.

-- umair // 5:42 PM //


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