Yes, that's a futures (or forward) trade. Doing the whole thing as a forward would be cheaper than trading a put and a call.
Shorting ETFs is expensive. You need to borrow the shares from someone in order to re-sell them, and you pay them for the privilege. Futures work on margin with relatively low fees so if you wanted leveraged short…
All the finite simple groups would be nice, for example.
I once read that NASA control engineers have three independent teams code up three versions of their guidance systems. If the systems disagree, they go with the majority vote.
Yes, but my original point was that the foundational model isn't convincing at all to the layman. It can't stand on its own feet, and needs additional structure. Any decent model should come with caveats, and should…
"To me, the simplest explanation is that trade is always beneficial, because parties only agree to it when they both see advantage." That's true in an efficient-economic-agent sort of way, but do you really think it's…
What if England doesn't realise it could be better at heavy industry than it is at financial services? Edit: shouldn't your point be "no matter what England does, someone will always benefit from free trade"? What's…
I think free trade has benefited mankind hugely and is largely responsible for lifting China out of poverty. However, I don't find the standard model of comparative advantage to be a convincing argument in favour of…
Yes, that's a futures (or forward) trade. Doing the whole thing as a forward would be cheaper than trading a put and a call.
Shorting ETFs is expensive. You need to borrow the shares from someone in order to re-sell them, and you pay them for the privilege. Futures work on margin with relatively low fees so if you wanted leveraged short…
All the finite simple groups would be nice, for example.
I once read that NASA control engineers have three independent teams code up three versions of their guidance systems. If the systems disagree, they go with the majority vote.
Yes, but my original point was that the foundational model isn't convincing at all to the layman. It can't stand on its own feet, and needs additional structure. Any decent model should come with caveats, and should…
"To me, the simplest explanation is that trade is always beneficial, because parties only agree to it when they both see advantage." That's true in an efficient-economic-agent sort of way, but do you really think it's…
What if England doesn't realise it could be better at heavy industry than it is at financial services? Edit: shouldn't your point be "no matter what England does, someone will always benefit from free trade"? What's…
I think free trade has benefited mankind hugely and is largely responsible for lifting China out of poverty. However, I don't find the standard model of comparative advantage to be a convincing argument in favour of…