You are right in saying he doesn't contradict me as I am giving precision and I am trying to contradict him. :-) Basically you say that the decrease in friction in a market drives the demand up: as markets grow…
"Unfortunately, when we flip the point around, and say that the universe of risk assets should grow more expensive in response to improvements, people get concerned, even though the exact same thing is being said."…
In Ensimag, a leading Grande Ecole in computer science and applied maths, the algo teaching starts with Ada 95!
You are right in saying he doesn't contradict me as I am giving precision and I am trying to contradict him. :-) Basically you say that the decrease in friction in a market drives the demand up: as markets grow…
"Unfortunately, when we flip the point around, and say that the universe of risk assets should grow more expensive in response to improvements, people get concerned, even though the exact same thing is being said."…
In Ensimag, a leading Grande Ecole in computer science and applied maths, the algo teaching starts with Ada 95!