7min chapter

The Macro Trading Floor cover image

Unpacking The Chinese Stimulus Bazooka

The Macro Trading Floor

CHAPTER

Risk Management in Trading

This chapter explores a notable investor's optimistic view on Chinese stocks, focusing on the crucial role of risk management and trading frameworks. It addresses the complexities of measuring risk through Value at Risk (VAR) and shares personal anecdotes that highlight the balancing act between maximizing returns and minimizing risk in trading decisions.

00:00
Speaker 5
So,
Speaker 1
Stu, let me just ask you a series of questions here. What is that story that has been shocking to you and I for the last five years? And shocking because nobody's talking about it. And it's pretty big. And the government keeps
Speaker 4
furthering the storyline. You're talking about the weird things with UFOs over the past few years. Yeah,
Speaker 1
right. Okay. That there's these ships that are just appearing and we have no idea what they are. Could be ours. Could be somebody else's. We don't think they're ours. But when does the government tell you the truth on things like this? Okay. Then what was the next part in the story? First, we found out UFOs are real. Then what was the next part of the story? You remember? We have some. We have pieces of some. we're trying to build them and retro design, design from what we have and understand, design something using the technology that we found. Reverse
Speaker 4
engineer. Reverse
Speaker 1
engineering. Thank you. That was the next step. Then the latest step is we or someone else has them. We're worried that Russia has them. China has them. We don't know if we have any. Okay. But whoever gets there controls the world because you can't track them. They're too fast. They avoid all radar. They avoid everything. You can't track them. They can fly in the sky. They can stop. They can go underwater. You just can't track them. That was the latest in that five-year saga, if you were paying attention to it. Correct?
Speaker 4
Yeah. I mean, I guess maybe, I remember bits and pieces of this, but it's weird, and you made this point before, but you'd think every one of these developments would be the only thing we're talking about. Correct. But there's been so much other stuff that it's been lost in the noise a little for me. Lost in
Speaker 1
the noise.

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