[Fundamentals](/Fundamentals/index.md) [Research](/Research/index.md) [[Current]] leverage exposure to crypto now going to come from BTC option market - get exposure there + phantom otc shitcoin trading Alexandre Harfouche https://theconversation.com/why-central-banks-are-too-powerful-and-have-created-our-inflation-crisis-by-the-banking-expert-who-pioneered-quantitative-easing-201158A Money (the kind worth having in any case) is usually downstream of character and relationships Character (mental/physical health and skill) —> relationships —> wealth @SnowKitten200 - BTU probability = succesful outcomes / total outcomes odds = succesful outcome : unsucessful outcomes 1:(1/p-1) where p expressed as decimals Utilities trade at 25-30% beta to the 2yr if the 2 year goes up in terms of yield and falls in value then the Utilities sector as a whole loses value and vice versa # Manipulation of LIBOR during GFC - real manipulation done by central bankers & way worse than traders who where jailed - in 07-08 all banks were consistenlty lying about the true cost of borrowing dollars by lowballing their funding rate which lead to a massively depressed LIBOR - Peter Johnson - The low ball tapes