3 ms·
If market shifts are state transitions, each state is better than the last, but the transition is painful. To alleviate the pain of the transition, sometimes w
by xapata 10y ago
If market shifts are state transitions, each state is better than the last, but the transition is painful.
To alleviate the pain of the transition, sometimes we need to slow it down. The tough part is figuring out how much drag to apply so that it slows but doesn't halt.