Construction Math Profit and Loss Risk Management 
Barry Ritholtz
OCTOBER 17, 2023
So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. And they go on longer and longer and obviously more profitable for the states that run the lottery. Risk management.
Barry Ritholtz
MARCH 12, 2024
So we could construct trades that had very, very low premiums to sell this volatility to, to basically join the consumer on their side of the trade, which is in essence buying insurance on, on the bonds that were exposed to these great risk. And the, the job loss wasn’t as big as the mortgage defaults were, right?
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