Sunday, May 30, 2010
I feel reinvicated because my favorite quant Eric Falkenstein got reviewed in the Globe and Mail. Eric maintains that risk is not rewarded in the market, and people is moved not by greed but by envy. The implications are revolutionary, but he is a much better writer than I am so go to his site (see blogroll to the right) and read it. Since I dont know what risk is (nor probability), all my savings are in so called super-risky assets (to the horror of my banker) and myself am living in the world most explosive hotpoint.