Is ApeCoin a sound investment? | Pirates of Finance
Pirates of Finance
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How Do You Know What Convexity Is?
Jack O'Donnell: I'm going to ask you a two part question, just to be annoying. He says he's thinking about buying a house in the next 18-24 months. What would be an interesting way for him to hedge his position? And ideally that hedge would be as convex as possible,. So let me flip it to you. Why don't you explain what you think i mean by "convex" or "complex"? You're not like Jack r we, i wasn't say, jack o, going to give an actual correct definition. It's something, something that is non linear and pays out a lot. Once it approaches a certain level of
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