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Assessing Recent Dynamics in the World of Vol

Alpha Exchange

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The Low of All Dynamics of Q2 2023

It was an incredible thing to witness live. Of course these days that's called Tuesday for Steph Curry. But three decades ago this was unheard of and as Marv Albert said, Michael indicating he can't believe it. Was Jordan on fire and getting him the ball a must? Or was this outcome simply a low probability result taken from a distribution of shots from a clearly skilled shooter? Most finance industry folks I speak to are pretty sympathetic to the hot hand. Mark Twain told us there are lies, damn lies and statistics. I wonder if he could make a three.

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