A sharp synthesis of mathematical rigor and market reality that demystifies the fragility of low-grade debt. It successfully turns complex quantitative concepts into an essential lesson on financial risk.
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My Math Expert: My Quantitative Skills | Mastering Numbers追加:
All rates are already up from 1 to 4% fellas, and if they rise to 8% and they will, a lot of these triple B's are going to zero, too. And that, you're too close, is an opportunity. Okay, you're saying that at 8% the bonds fail and we are already at 4%. That's right.
It's Armageddon. Yeah, that's right.
>> How come nobody's talking about this?
You're completely sure of the math?
Look at him.
That's my quant. Your what? My quantitative.
My math specialist. Look at him.
You notice anything different about him?
Look at his case. His name's Yang. He won a national math competition in China.
He doesn't even speak English.
Yeah, I'm sure of the math.
Actually, my name's Jiang and I do speak English.
Jared likes to say I don't because he thinks it makes me seem more authentic and I got second in that national math competition.
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