January 2012
Intermediate to advanced
384 pages
8h 36m
English
Content preview from Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort MarketsBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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CHAPTER 7Disintegration and Securitization
… When Silenus had finally fallen into his clutches, the king asked him what was the best and most desirous thing of all for mankind. The daemon stood silent, stiff and motionless, until at last, forced by the king, he a gave shrill laugh and spoke these words:
“Miserable, ephemeral race, children of hazard and hardship, why do you force me to say what would be more fruitful for you not to hear? The best of all things is something entirely out of your grasp: not to be born, not to be, to be nothing. But the second best for you—to die soon.”
—F. NIETZSCHE, The Birth of Tragedy
What would happen if stock markets and bond markets blew up at the same time? I’m assuming that the most likely way this could ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.