slower fool theory
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Mar 18, 2020 by James Aitken · across every show →
Everything said about slower fool theory, oldest first
Mar 18, 2020 negative
Aitken: Volatility Scaling Relies on the Fallacious 'Slower Fool Theory'
“Volatility scaling, or the assumption of volatility scaling, I think had a large hand in the disruption we've seen, and just to finish this point, there was a marvelous article written in the autumn of 1987 by an extraordinary Chicago trader called Richard Den…”