I’m Waiting, from Victor Niederhoffer
I'm waiting for our specs to give me examples from any field of things as exciting as the S&P last week and these racket things from table tennis or this.
Boris writes:
Lake Placid - Olympics final, Team USA vs. Soviet Union.
Laurel Kenner writes:
How about the gladiator contests of ancient Rome? Fed would be the patron with the thumb. Up/down.
Alston Mabry writes:
One of the exciting things about tennis (and similar racquet games) is a function of the game's structure: No matter what the score is in a tennis match, the player on the verge of losing can come back and win the match. Contrast this with a game like American football, where there is a clock, but also where a team far behind in the score can take big risks (long passes, onside kicks, trick plays) to try to get back in the game.
The natural question for a trader: Does the market have a game structure, say, during the course of a single trading day/week/month, that constrains the possible outcomes or the nature of risk-taking? For example, once the relationship of equities vs bonds (or USD vs the €Mark or crude vs whatever) gets to a certain point, does the game require that a rebalancing occur?
anonymous writes:
America's Cup, 2013 with the U.S. having to win last 8 in a row to win 9-8.
Comments
H.Y. on January 13, 2015 6:34 am
the cross the the prices of Oil and Ruble。