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You need to understand that with this sort of product, there is always somebody betting against you, and if your models aren't good enough to make you indiffere
by bd_at_rivenhill 16y ago
You need to understand that with this sort of product, there is always somebody betting against you, and if your models aren't good enough to make you indifferent to the fact that the guy on the other side got to choose some of the securities in the pool, given that you get to see what's in it before you place your bet, then you shouldn't be dealing in instruments that are this complex in the first place.