A good thought experiment is to imagine a hedge fund which invests in the s&p500 all the time, but once per year takes all its capital and sells options with a 5% return and a roughly 1/20 risk of ruin. On average they beat the s&p500 by 5% every year, and only explode once every 20 years on average.
If you could charge 2 and 20 and smoothtalk investors the chances that you get rich before it explodes are pretty good.
Differentiating an investment with a negligible chance of going to zero (like the s&p500) from one with a small but nonzero chance is difficult until one of them explodes.
Medtech is annoying because of the primary focus being documentation. I spend much of my day writing stuff that noone cares about for people who will never read it. Doing this on paper is slow. Doing it on a computer is even slower. Finding a terminal and filling in structured forms is a pain in the ass when I want to be seeing patients, doing procedures etc. Using things like google glass and offsite scribes is a good way to do this.
Not if the exchange has spreads and leverage. Even small spreads can screw your odds completely if you trade at margin, and gamblers bust means if you turn over your money a few times at high leverage you'll probably lose it all.
I got through all my medical anaesthesiology board exams with anki,although i do prefer flashcards where the order is the same rather than anki style algo.
>In Europe, audiences prefer more avant garde films (read: bad films which pretend to be about something) so theaters have significantly more leverage overage distributors
Wow, sorry that somebody on earth wants to watch something other than comic book movies
Anyone think it is reasonable to predict plummeting high end real estate prices and a further pummelled pound as demand dries up and motivated sellers dump properties and sell pounds here?