DYNAMIC HEDGING: Deriving Black-Sholes via Itô’s lemma.
Month: April 2022
[YouTube] Why Correlation is Unreliable
At the 2022 Greenwich Economic Forum-Miami, Black Swan author, Nassim Nicholas Taleb explains why correlation is unreliable as a due diligence tool. Coming as it does during an ongoing pandemic and in the middle of Vladimir Putin’s invasion of Ukraine, Taleb also discusses Wars and Pandemics and puts them into their proper risk buckets.